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Khazanah raises RM312mil from TM share placement
PETALING JAYA: Khazanah Nasional Bhd has placed out 53.8 million shares in Telekom Malaysia Bhd (TM) at RM5.80 each, raising gross proceeds of RM312mil
Khazanah raises RM312mil from TM share placement
KUALA LUMPUR: Khazanah Nasional Bhd has completed a placement of 53.8 million shares in Telekom Malaysia Bhd (TM) at RM5.80 per share, raising gross proceeds of RM312mil.
KPower seen to secure more contracts ahead
KUALA LUMPUR: KPower Bhd sees strong growth potential ahead, coming from a small base. More contracts could be in store in the near future for it, especially on the renewable energy (RE) front, says AMInvestment Bank Research (AM Research).
BIMB Holdings fixes issue price
KUALA LUMPUR: BIMB Holdings Bhd has fixed the issue price for its private placement shares at RM3.58 per share to raise RM795.6mil.
Trip.com to offer shares at HK$268 apiece
HONG KONG: Online travel platform Trip.com Group Ltd is telling prospective investors it plans to price its Hong Kong second listing at HK$268 per share, on track to raise about US$1.09bil (RM4.51bil), according to people familiar with the matter.
Air Canada gets US$4.7bil as government takes equity stake
MONTREAL: Air Canada reached a deal with the Canadian government for loans and equity worth nearly C$5.9bil (US$4.7bil or RM19.44bil), a package to help the airline get through the pandemic and restore flights to remote parts of the country.
BIMB raises RM795.6mil via private placement
KUALA LUMPUR (Bernama) -- BIMB Holdings Bhd will be issuing 222.22 million new shares, representing 12% of its issued share capital to raise RM795.6 million.
GDB targets RM500mil jobs, proposes bonus issue
PETALING JAYA: GDB Holdings Bhd is looking at securing RM500mil worth of new jobs this year to propel the group further.
GDB proposes 1-for-2 bonus issue
KUALA LUMPUR: GDB Holdings Bhd has proposed to undertake a bonus issue of new ordinary shares on the basis of one bonus share for every two existing GDB shares.
CPO futures to see volatile trading next week, eyes on MPOB data
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives may see volatile trading next week, ahead of the release of production, stocks and exports data.