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Malaysia’s private sector debt soaring

PRIVATE sector debt in Malaysia is on the rise as business expansion continues to be fuelled by debt accumulation over the years.

Can-One’s gearing levels to come down following sale of creamer ops

PETALING JAYA: Can-One Bhd’s gearing level is expected to come down as the company plans to repay RM750mil of its debt following the sale of its creamer segment, F&B Nutrition Sdn Bhd.

Can-One to use proceeds from F&B sale to pare down borrowings

KUALA LUMPUR: Can-One Bhd plans to use proceeds from the sale of F&B Nutrition Sdn Bhd to pare down its debts especially bank borrowings taken to privatize Kian Joo Can Factory Bhd (KJCFB). It said on Monday the proposed disposal would allow the group to achieve two main corporate objectives, namely:

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Canning the fat: Can-One hives off food division

Low-profile entrepreneur-owner Yeoh Jin Hoe has a knack for mergers and acquisitions that is almost unparalleled in the market.

Quick take: Can-One shares up 3.5% on disposal of F&B Nutrition

KUALA LUMPUR: Shares of Can-One Bhd rose this morning, after the company accepted the offer to sell its subsidiary F&B Nutrition Sdn Bhd for up to RM1bil.

Trading ideas: Can-One, Seacera, Yee Lee, Yong Tai

KUALA LUMPUR: Can-One Bhd, Seacera Group Bhd Yee Lee Corp Bhd and Yong Tai Bhd are among the stocks to watch on Friday, according to JF Apex Research.

Can-One accepts takeover offer for F&B Nutrition

KUALA LUMPUR: Can-One Bhd’s board has accepted the takeover offer for its indirectly 100% owned unit F&B Nutrition Sdn Bhd from Asia Dairy Creations Sdn Bhd (ADCSB) that values the latter at between RM800mil and RM1bil.

Can-One board accepts up to RM1b takeover offer

KUALA LUMPUR: Can manufacturer Can-One Bhd's board has accepted the takeover offer for its subsidiary F&B Nutrition Sdn Bhd from Asia Dairy Creations Sdn Bhd (ADCSB) valued at between RM800mil and RM1bil.

Quick take: Can-One shares soar on offer up to RM1b for dairy product unit

KUALA LUMPUR: Shares in Can-One Bhd rose 7.6% in early trade Tuesday after the company received offer up to RM1bil for its dairy product unit.

Trading ideas: Can-One, Sunway Group, Datasonic, Bintai Kinden

KUALA LUMPUR: Can-One Bhd, Sunway Group, Datasonic Group Bhd and Bintai Kinden Corp Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.