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Beware of frothy SPACs, London Stock Exchange warns investors
LONDON (Reuters) - The "frothy" U.S. market for special purpose acquisition vehicles (SPACs) could see investors coming off "poorly", London Stock Exchange Chief Executive David Schwimmer warned on Friday after proposals for Britain to loosen SPAC listing rules.
YTL Hospitality REIT is open to new acquisitions
PETALING JAYA: YTL Hospitality real estate investment trust (REIT) will continue to improve its margins and is open to any attractive deals for potential acquisition or asset injection.
Call for temporary assistance from govt
PETALING JAYA: While the Covid-19 vaccination programme will pave the way for the local economy to expand, the advertising industry will not bounce back to pre-Covid 19 level fast enough unless measures are put in place to spur its growth.
Top Glove seeks RM7.77bil by selling new shares in Hong Kong
KUALA LUMPUR: Top Glove Corp Bhd is seeking to raise RM7.77bil by selling new shares in Hong Kong.
Supermax quarterly net profit tops RM1bil Â
KUALA LUMPUR: Supermax Corp Bhd joined bigger rival Hartalega Holdings Bhd to post RM1bil net profit in one quarter, propelled by rising glove prices amid robust demand for the protective gear.
The Week That Was - Tighten SOPs, KPower, NEM Solar, gloves, vaccine supply
THE Federation of Malaysian Manufacturers (FMM) told its members on Monday to take additional measures and tighten the standard operating procedures (SOPs) at their workplace and living quarters of employees to curb the spread of the Covid-19.
Global Covid-19 cases surpass 100m as nations tackle vaccine shortages
BENGALURU: Global coronavirus cases surpassed 100 million on Wednesday, according to a Reuters tally, as countries around the world struggle with new virus variants and vaccine shortfalls.
MAHB gears up for pre-Covid recovery by 2023
PETALING JAYA: As Covid-19 continues to force most international borders shut, Malaysia Airports Holdings Bhd (MAHB) is taking the opportunity to upgrade its facilities and to gear up towards the expansion of its airports, especially KLIA.
European stocks end higher as Stellantis, luxury stocks jump
LONDON: European stocks rose on Monday as a jump in carmaker Stellantis and luxury stocks helped reverse early market losses due to worries about an economic recovery and losses in French grocer Carrefour.
