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THE Black Friday sale got off to a slow start at malls in Penang, with only a few shoppers spotted browsing through stores.
One of the popular ways to raise funds for a listed issuer is via private placement of shares. Of course, to do so, the listed issuer would have to first obtain the mandate of its shareholders as required under Section 75 and Section 76 of the Companies Act, 2016.
SINGAPORE (The Straits Times/ANN): Healthcare worker Hilda Khoo beat out about 400 other shoppers to be first in line to enter Takashimaya on the morning of the annual Black Friday sales event, which fell on Nov 27 this year.
KUALA LUMPUR: Kenanga Research maintained its "outperform" recommendation on Hap Seng Plantations Bhd as its earnings results came in-line with expectations while another strong set of results are expected in the final quarter of 2020.
KUALA LUMPUR: Kenanga Research expects the recent strong price rebound to have priced in the earnings recovery and is unlikely to continue in the final quarter of the year.
PETALING JAYA: The momentum in economic recovery will continue to buoy MMC Corp Bhd as earnings are expected to get a boost from the gradual resumption in global and domestic trade.
You can find gastronomic delights at Quayside Mall, twentyfive.7
SYDNEY: Australia’s Bega Cheese Ltd will buy the Australian dairy arm of Japanese drinks giant Kirin Holdings Co Ltd for A$560mil (US$412mil), the companies said yesterday, a 10% discount on China Mengniu Dairy Co Ltd’s offer in 2019.
KUALA LUMPUR: RHB Research is maintaining its Buy call on Sime Darby Property and a target price of 88 sen, which is 52% above its Wednesday’s closing price of 58 sen, with a 3% yield.
The end of November is the hardest time of the year to resist buying would-be “deals” online, as retailers pound visitors with countless Black Friday (Nov 27) offerings.