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Glove maker WRP Asia Pacific to get new lease of life
KUALA LUMPUR: WRP Asia Pacific is expected to be given a new lease of life with TAEL Partners, a private equity fund, and the current board of directors launch the rescue plan for the embattled glove maker
Revival of glove maker WRP Asia Pacific under way
KUALA LUMPUR: WRP Asia Pacific is expected to be given a new lease of life with TAEL Partners, a private equity fund, and the current board of directors (BoD) launch the rescue plan for the embattled glove maker.
Govt to provide RM6bil aid to Felda
KUALA LUMPUR: Felda is to receive slightly more than RM6bil in stages from the Government as it restructures its operations and strengthens its governance in order to improve the fortunes of the agency and its settlers.
My EG rebounds as not linked to Ahmad Zahid’s graft charges
KUALA LUMPUR: My EG Services share price which was battered on worries about the fallout from the charges against former deputy prime minister Datuk Seri Ahmad Zahid Hamidi, staged a rebound on Monday.
CIMB Research sees My EG oversold, keeps TP RM1.81
KUALA LUMPUR: CIMB Equities Research believes the plunge in My EG Services share price last Friday by 30% to a low of RM1.05 could be an opportunity to accumulate the stock.
Asian shares rise as China and US weigh fresh talks
SHANGHAI: Asian shares nudged higher on Friday as moves by the United States and China to resolve a bitter trade dispute and a sharp interest rate hike in crisis-hit Turkey supported global risk appetite
External headwinds create uncertainties in the market
KUALA LUMPUR: Prevailing external factors will continue to plague regional equity markets including Malaysia, creating uncertainties and causing fund managers to stay on the sidelines.
Former investment banker jailed and fined for insider trading
KUALA LUMPUR: The Kuala Lumpur Sessions Court has sentenced a former investment banker to six months jail and fined him RM1mil for insider trading.
LFE former ED jailed for CBT involving nearly RM19m
KUALA LUMPUR: The former executive director of LFE Corporation Bhd (LFE), Alan Rajendram a/l Jeya Rajendram was jailed three years after he pleaded guilty to two criminal breach of trust (CBT) charges involvig RM18.99mil.
Company’s chequered corporate past
THE latest RM1.8bil capital injection by China’s Tianjin Zhiyuan Investment Group Co Ltd into Perwaja Holdings Bhd is not the first rescue plan to revitalise the ailing steel producer.
