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Shareholders to decide if they want 80 sen for each share
KUALA LUMPUR: Boustead Holdings Bhd jumped as high as 18% on Friday, on news of an offer by Lembaga Tabung Angkatan Tentera (LTAT) to take the company private.
Fund considering move following company’s weak share price
TA Enterprise Bhd’s (TAE) application to ask the Securities Commission (SC) permission to withdraw its offer to buyout TA Global Bhd (TAG) heralds the drastic implications that the coronavirus pandemic can have on capital markets.
PETALING JAYA: Datuk Asri Hamidin @ Hamidon (pic) has replaced Tan Sri Ahmad Badri Mohd Zahir as secretary-general of the Treasury effective today after the latter’s contract ended, chief secretary to the government Mohd Zuki Ali said in a statement.
PETALING JAYA: Datuk Asri Hamidin @ Hamidon has been appointed Treasury secretary-general with effect from May 1.
PETALING JAYA: The poor performance of property stocks due to the ongoing market sell-off is expected to open up a window of opportunity for substantial shareholders to privatise their listed companies at bargain basement prices.
PETALING JAYA: Genting Malaysia Bhd is injecting US$40mil (RM174mil) into US-based casino operator Empire Resorts. Inc by subscribing the latter’s preferred stock.
LISBON (Reuters) - Portugal's flag carrier TAP on Monday suspended 2,500 flights scheduled for March-May, after cancelling 1,000 flights for this month and next on Thursday, citing a fall in demand for travel due to the coronavirus outbreak.