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Atlantic City's troubled Revel Casino Hotel on Thursday filed its second bankruptcy in just over a year and said it is hunting for a buyer.
PETALING JAYA: Khazanah Nasional Bhd would likely be making an announcement today on the sale of its 42.7% stake in Proton Holdings Bhd, banking sources said, adding that the deal would require that the buyer make an offer to buy out the rest of Protons shareholders.
KUALA LUMPUR: EON Capital Bhd was prepared to pay as much as RM12mil in fees to Goldman Sach to find a buyer to acquire the bank for up to 1.5 times its book value, according to independent director Nicholas John Lough.
LONDON/SINGAPORE: Trader Noble Group is expected to pick a buyer for its oil and liquefied natural gas (LNG) units by mid-September to cover debts and reduce credit exposure after a first half loss of $1.9 billion, sources familiar with the matter said.
PETALING JAYA: PacificMas Bhd has chosen Canada-based Fairfax Asia Ltd as the buyer for its entire stake in wholly-owned unit The Pacific Insurance Bhd, subject to Bank Negara approval.
NEW YORK (AP) - Driven by the success of the iPhone and iPad, Apple Inc. has become the world's largest buyer of chips for computers and phones, a research firm said Wednesday.
KUALA LUMPUR: Government investment arm Khazanah Nasional Bhd has yet to decide on the buyer of its stake in Pos Malaysia Bhd, although it has completed the evaluation of the proposals submitted by bidders.