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PETALING JAYA: Bright Packaging Industry Bhd has responded to minority shareholders’ allegations, calling them “frivolous” and “baseless” arguments aimed at discrediting the board of directors and drumming up support for requisitionists intending to remove the certain directors.
Saudi Arabia’s Aramco aims to complete closely watched IPO by late November, as uncertainty hangs over valuation
WASHINGTON: If Round One of the coronavirus relief effort was the economic equivalent of “shock and awe, ” new plans being developed by the world’s biggest economies for more assistance to businesses and consumers are taking a narrower and more tactical approach.
IF THE United States is to regain its position in the global semiconductor industry, it may need help from bankers as much as engineers.
NEW YORK: In a bond sale closely watched by investors globally, Saudi Aramco and its bankers are preparing to kick off what could be at least a US$10bil offering next week. Early indications suggest investors are already crowding in.
HONG KONG: Billionaire Jack Ma’s Ant Financial is lifting its fundraising target to more than US$12bil by bringing in existing Chinese shareholders in a yuan-denominated financing round, people familiar with the matter said.