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Business 06 Jul 2019 | 12:00 AM Premium

Malaysia’s private sector debt soaring

PRIVATE sector debt in Malaysia is on the rise as business expansion continues to be fuelled by debt accumulation over the years.

Business 18 Jun 2019 | 12:00 AM

Can-One’s gearing levels to come down following sale of creamer ops

PETALING JAYA: Can-One Bhd’s gearing level is expected to come down as the company plans to repay RM750mil of its debt following the sale of its creamer segment, F&B Nutrition Sdn Bhd.

Business 17 Jun 2019 | 1:27 AM

Can-One to use proceeds from F&B sale to pare down borrowings

KUALA LUMPUR: Can-One Bhd plans to use proceeds from the sale of F&B Nutrition Sdn Bhd to pare down its debts especially bank borrowings taken to privatize Kian Joo Can Factory Bhd (KJCFB). It said on Monday the proposed disposal would allow the group to achieve two main corporate objectives, namely:

Business 08 Jun 2019 | 12:00 AM Premium

Canning the fat: Can-One hives off food division

Low-profile entrepreneur-owner Yeoh Jin Hoe has a knack for mergers and acquisitions that is almost unparalleled in the market.

Business 04 Jun 2019 | 2:20 AM

Quick take: Can-One shares soar on offer up to RM1b for dairy product unit

KUALA LUMPUR: Shares in Can-One Bhd rose 7.6% in early trade Tuesday after the company received offer up to RM1bil for its dairy product unit.