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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.
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.
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.
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.
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.
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.
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.