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HONG KONG: Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its US$1.9bil Hong Kong listing to break through the headwind of US sanctions and the prospect of slower growth as vaccinations become widespread.
CHICAGO: Jorge Paulo Lemann is leaving the board of Kraft Heinz Co, the giant consumer company he helped put together with Warren Buffett that’s since lost half its value.
HONG KONG/SINGAPORE/KUALA LUMPUR: Malaysia's Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its $1.9 billion Hong Kong listing to break through the headwind of U.S. sanctions and the prospect of slower growth as vaccinations become widespread.
Kuala Lumpur: Analysts said the unknown pace of vaccination programmes mean the world's largest medical gloves maker could command a higher price for its stock by listing sooner rather than later, while the firm when announcing its plan on Friday talked up post-pandemic sales likely exceeding pre-pandemic levels.
The government’s surprise decision to build, own and manage the 5G network for nationwide rollout is raising concerns for the industry.
KUALA LUMPUR: Sime Darby Plantation Bhd (SDP), which returned to the black in financial year 2020 (FY20), will be appointing another international independent third-party to review and audit its operations in a bid to tackle mounting forced labour allegations.
PETALING JAYA: TM ONE, the business and public sector solutions arm of Telekom Malaysia Bhd (TM) and its wholly-owned subsidiary company, PT VADS Indonesia, recently inked an agreement with Korean company FNS Value Co Ltd (FNSV).
Iris in talks to raise funds for immigration project
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