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KUALA LUMPUR: Kenanga Research has initiated coverage on GHL Systems Bhd with an "outperform" recommendation as the latter expands its service to cater for underserved markets.
SEOUL: The South Korean operator of mobile financial app Toss raised US$410mil (RM1.71bil) in fresh funding, which values the company at US$7.4bil (RM30.82bil), operator Viva Republica said.
DUBAI: Saudi Arabia has granted digital banking licence to two firms as the use of finance technology spreads in the Middle East.
NEW YORK: Microsoft Corp took its place in the history books as just the second United States public company to reach a US$2 trillion (RM8.33 trillion) market value, buoyed by bets its dominance in cloud computing and enterprise software will expand further in a post-coronavirus world.
PETALING JAYA: One of the biggest mergers in South-East Asia’s telecoms industry is in the works between Celcom Axiata Bhd and Digi.com Bhd. But will it really help spur more competition for better customer experience or stifle it since the enlarged entity will control nearly 50% of the mobile subscriber market share.
Battlegrounds, one of the most successful games of all time, is set to create vast riches when the company behind it goes public next month.PLAYERUNKNOWN’S
KUALA LUMPUR: Shares in Digi.com Bhd rose to its highest in over two months in early trade Tuesday following the signing of proposed merger agreements.
KUALA LUMPUR: Actual mobile broadband quality as experienced by Internet users in Malaysia is generally lower than promised, a research by the Khazanah Research Institute (KRI) revealed.
HONG KONG: HSBC Holdings Plc is planning to become the number one wealth manager in Asia in “roughly five years” as Europe’s largest bank shifts capital to tap clients in the increasingly affluent region, according to HSBC Pinnacle Venture chief executive officer Trista Sun.
KUALA LUMPUR: Axiata Group Bhd, Telenor Asia Pte Ltd and Digi.Com Bhd have signed the transaction agreements for the proposed merger of Celcom Axiata Bhd and Digi.