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BANGKOK: Thailand's antitrust regulator said on Friday it had approved CP Group's deal to buy Tesco PLC's retail stores in the country.
PETALING JAYA: Britain’s largest retailer Tesco Plc has given the green light to sell its business in Thailand and Malaysia to a combination of Thailand’s CP Group entities for an enterprise value (EV) of US$10.6bil (RM44.63bil or equivalent to £8.2bil).
KUALA LUMPUR: RAM Consultancy Services Sdn Bhd (RAMC), a provider of sustainability services and environment, social and governance (ESG) analytics, has assigned a Silver Sustainability Rating to AMMB Holdings Bhd (AmBank Group).
PETALING JAYA: Improved operations and continued cost-management measures saw Star Media Group Bhd’s profit before tax come in higher by 173% to RM17.59mil for the first quarter ended March 31, 2018 (1Q18).
PETALING JAYA: Star Media Group Bhd registered a pre-tax profit of RM146.21mil on a revenue of RM932.12mil for the financial year ended Dec 31, 2016.
PETALING JAYA: Scomi Group Bhd has appointed Datuk Adam Primus Varghese Abdullah of Messrs Adamprimus as receiver and manager of the property of Scomi Rail Bhd (SRB), an indirect wholly owned subsidiary of the company, by Malayan Banking Bhd (Maybank).
SYDNEY: Japan's Nippon Paint Holdings Co Ltd has proposed buying Australia's biggest paint maker Dulux Group Ltd for A$3.8 billion (US$2.7 billion), expanding its global footprint though entering Australia just as a housing boom falters.