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Opinion: Ambani is coming for India’s phones and wallets
Things nobody should lose in a taxi – their phone and wallet – are what India’s richest man wants to control. And Mukesh Ambani intends to do it in a market of a billion-plus consumers.
South-East Asian IPOs show tentative revival
SINGAPORE: A handful of companies from the technology and consumer durables sectors are aiming to launch initial public offerings (IPOs) in South-East Asia later this year, pointing to an upturn after pandemic-hit markets and weak economic growth slashed fundraising.
DNex proposes private placement
PETALING JAYA: Dagang Nexchange Bhd (DNex) has proposed to undertake a private placement of up to 20% of the total number of issued shares to raise up to RM109.1mil for future investment, partial repayment of bank borrowings and working capital.
Raised on rubber
MALAYSIAN businessman Tan Sri Lim Wee Chai is certainly the man of the hour. He is going places no Malaysian tycoons have.
Exclusive: EU eyes COVID-19 vaccines at less than $40, shuns WHO-led alliance - sources
BRUSSELS (Reuters) - The European Union is not interested in buying potential COVID-19 vaccines through an initiative co-led by the World Health Organisation as it deems it slow and high-cost, two EU sources told Reuters, noting the bloc was in talks with drugmakers for shots cheaper than $40.
Prestariang to issue new shares to founder Abu Hasan
KUALA LUMPUR: Prestariang Bhd is planning to issue 79.56 million new shares to its founder Datuk Dr Abu Hasan Ismail at 35 sen each.
China's e-payments giant Ant Group nears mammoth IPO
Shanghai, July 20 (AFP): Ant Group, the online payments giant affiliated to Chinese e-commerce leader Alibaba, said Monday it had taken the first steps toward a blockbuster dual listing in Shanghai and Hong Kong that could be among the biggest in years.
India's Reliance seen emerging as bigger threat for US firms like Amazon, Walmart
A US$20bil (RM85.41bil) fund raising spree may take India's Reliance closer to its dream of becoming a digital giant.
Caring for others a way of life for enterprenuer
KUALA LUMPUR: The Covid-19 pandemic has had a socio-economic impact on the world – disrupting lives, livelihoods and communities.
Bina Puri exploring fund raising to finance projects
KUALA LUMPUR: Bina Puri Holdings Bhd is exploring various fundraising possibilities including the private placement to meet its interim funding for ongoing construction and property development projects.
