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Business
Felda Global to kick-start book-building from May 31
KUALA LUMPUR (Reuters): The book-building process of Malaysia's Felda Global Ventures Holdings' over US$3 billion listing will begin on May 31 and end on June 15, a source with direct knowledge of the deal told Reuters on Tuesday.
Business
Australia's Wesfarmers reports record 62% net profit rise
Australian farming supplies and minerals group Wesfarmers said Tuesday that net profit for the fiscal year ending June 30 was a record 873.1 million Australian dollars (US$624 million), up 62.2 percent the previous year's A$538.2 million (US$385 million).
Business
NAB appoints Wesfarmers chief executive as chairman
Australia's largest bank, National Australia Bank Ltd (NAB), recovering from a damaging board row, said yesterday it has appointed one of the country's most respected executives as its future chairman.
