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As more listed companies take part in agriculture production, the local industry could get an uplift
PETALING JAYA: Khazanah Nasional Bhd has placed out 53.8 million shares in Telekom Malaysia Bhd (TM) at RM5.80 each, raising gross proceeds of RM312mil
KUALA LUMPUR: Khazanah Nasional Bhd has completed a placement of 53.8 million shares in Telekom Malaysia Bhd (TM) at RM5.80 per share, raising gross proceeds of RM312mil.
PETALING JAYA: Dagang Nexchange Bhd’s (DNeX) acquisition of Khazanah Nasional Bhd’s loss-making semiconductor unit, Silterra, is considered timely, given the global chip shortage caused by the global Covid-19 pandemic.
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) and Beijing Integrated Circuit Advanced Manufacturing and High-End Equipment Equity Investment Fund Centre (CGP Fund) have signed a share sale and purchase agreement with Khazanah Nasional Bhd.
PETALING JAYA: Malaysian Airports Holdings Bhd (MAHB) continues to see a slump in passenger traffic as there are still barriers to travel, given the ongoing pandemic.
Income from investee companies rises to RM5.2bil
KUALA LUMPUR: Khazanah Nasional Bhd expects the global aviation industry to recover at the earliest, in 2023 or 2024, but believes Malaysia Airlines Bhd has the right cost structure and balance sheet to ride through the tough journey, post-pandemic.
KUALA LUMPUR: It is a valid request for the government to ask for a higher dividend for 2020 due to the extraordinary financial pressure faced last year, said Khazanah Nasional Bhd managing director Datuk Shahril Ridza Ridzuan.
KUALA LUMPUR (REUTERS): Khazanah Nasional Bhd said there was a "minor dilution" to its equity in the national carrier due to debt-for-equity conversions that some creditors took up, and that the fund remained the largest shareholder.