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KUALA LUMPUR: IGB Bhd has sold its entire 50% equity interest and shareholder debt in a freehold title in London to a unit of global real estate group Hines for GBP104.375mil (RM600mil).
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Singapore’s Esteel is buyer of interest held via Amsteel
TOKYO: A disputed meeting of Toshiba Corp shareholders last year was held properly and a subsequent independent report supported by activist investor Effissimo Capital Management was misleading, according to two former executives of the electronics conglomerate who were dropped from the board.
NEW YORK: It’s been a tough year for Alexandre Bompard. Attempts by the Carrefour SA boss to create a supermarket champion in France are proving elusive.
THE email lit up inboxes at six of the world’s biggest banks. A wealthy businessman by the name of Cevdet Caner, the anonymous sender wrote, seemed to be headed for trouble.
KUALA LUMPUR: IOI Properties Group Bhd is keeping its FY22 sales projection to RM2.3bil, the same level as that of the current year, as market confidence remains low, says RHB Research.