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Supplement maker DXN picks banks for IPO
KUALA LUMPUR (Bloomberg): DXN Holdings Bhd, a Malaysian health supplement producer, has picked banks for an initial public offering in Kuala Lumpur that could raise about US$400mil (RM1.61bil), people with knowledge of the matter said.
Supplement maker DXN invites pitches for US$300mil IPO
KUALA LUMPUR (Bloomberg) -- DXN Holdings Bhd, a health supplement producer, has asked banks for pitches for an initial public offering that could raise at least US$300mil, people with knowledge of the matter said.
Interpac Securities advises Milux minorities to reject takeover offer
PETALING JAYA: Minority shareholders of Milux Corp Bhd are advised to reject the takeover offer from Topspike Holdings Sdn Bhd and Asia New Venture Capital Holdings Sdn Bhd (ANVCHSB) at 80 sen per share.
Milux minorities advised to reject takeover offer
KUALA LUMPUR: Interpac Securities Sdn Bhd advises Milux Corporation Bhd minority shareholders to reject the takeover offer from Topspike Holdings Sdn Bhd and Asia New Venture Capital Holdings Sdn Bhd (ANVCHSB) at 80 sen per share.
Supplement maker DXN said to weigh RM4.17b sale
KUALA LUMPUR: DXN Holdings Bhd.’s owners are exploring a sale of the Malaysian health supplement producer, in a deal that could value the firm at as much as US$1bil (RM4.17bil) including debt, people with knowledge of the matter said.
Linbaq CEO offers to take over Milux at 80 sen a share
KUALA LUMPUR: Johor-based property developer Linbaq Holding Sdn Bhd 's CEO Datuk Wira Ling Kah Chok has launched a mandatory offer to acquire all shares in Milux at 80 sen a piece.
Nextgreen secures funding, but shares dip 4%
KUALA LUMPUR: Nextgreen Global Bhd fell 4% in early trade Wednesday, although the company has secured a RM400mil investments for its Green Technology Park (GTP) projects in Malaysia.
Trading ideas: Serba Dinamik, Globaltec, Nextgreen, Wegmans, Barakah Offshore, BAT
KUALA LUMPUR: JF Apex Research expects Serba Dinamik Holdings Bhd, Globaltec Formation Bhd, Nextgreen Global Bhd, Wegmans Holdings Bhd, Barakah Offshore Petroleum Bhd and British American Tobacco to be among the stocks to watch on Wednesday.
Nextgreen Global secures RM400m investment for GTP projects
KUALA LUMPUR: Nextgreen Global Bhd has secured an investment of RM400mil from Asia Capital Investment Fund for the funding of working capital and costs in its Green Technology Park (GTP) projects.
Dymon Asia Venture Capital backs cryptocurrency platform
LXDX, a Malta-based provider of a platform to enable cryptocurrency trading, recently raised funding from Dymon Asia Venture Capital Fund LP to make its platform more widely available.
