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PETALING JAYA: HLT Global Bhd is proposing to acquire the remaining 4.73 million shares or 45% stake in HL Rubber Industries Sdn Bhd (HLRI) for RM90mil.
KUALA LUMPUR: Glove company HLT Global Bhd is planning to raise as much as RM324mil by selling new shares via a private placement exercise.
KUALA LUMPUR: Shareholders of TH Heavy Engineering Bhd (THHE) have been advised to vote in favour of exempting Urusharta Jamaah Sdn Bhd (UJSB) from undertaking a mandatory takeover offer.
KUALA LUMPUR: Shareholders of TH Heavy Engineering Bhd (THHE) have been advised to vote in favour to exempt Urusharta Jamaah Sdn Bhd (UJSB) from undertaking a mandatory takeover offer.
MALAYAN Flour Mills Bhd (MFM) joins the chorus of listed companies facing an uphill task in convincing their shareholders to cough it up for their cash calls.
PETALING JAYA: Merge Energy Bhd’s shareholders have been urged by KAF Investment Bank Bhd (KAF IB) to reject the unconditional mandatory takeover offer by Westiara Development Sdn Bhd, Cerdik Cempedak Sdn Bhd, Fine Approach Sdn Bhd, Anjuran Utama Sdn Bhd, and Datuk Lee Tian Hock, as the offer is seen to be unfair and unreasonable.
PETALING JAYA: KAF Investment Bank Bhd (KAF IB) has advised TRIplc Bhd’s shareholders to accept Puncak Niaga Holdings Bhd’s proposal to privatise the group.
PETALING JAYA: CIMB Group Holdings Bhd is looking at acquiring Jupiter Securities Sdn Bhd from Olympia Industries Bhd for more than RM50mil as part of a larger corporate exercise to facilitate its joint venture (JV) with China Galaxy Securities Co Ltd.