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ABUJA: Nigeria will review the sale of power assets to private investors after they have been unable to improve power supply in Africa’s most populous country.
HANOI: Vietnam will more than double its power generation capacity over the next decade to support a fast-growing economy, new guidelines for a national energy development strategy show. The South-East Asian nation aims to boost capacity to 125-130 gigawatts (GW) by 2030, from about 54 GW now.
AMID a sombre property outlook, stockbroking bigwig Datuk Tony Tiah Thee Kian is looking to privatise his property arm TA Global Bhd via flagship financial services company TA Enterprise Bhd.
KUALA LUMPUR: Shares in TA Enterprise Bhd jumped almost 13% in early trade Thursday on its plan to privatise its property arm TA Global Bhd for 28 sen per share.
From YEAP LEAN LEAN of Kampar, Perak.
KUALA LUMPUR: Mercedes Benz vehicle dealer Cycle & Carriage Bintang Bhd (CCB)’s proposed privatisation deal has fallen through after the share capital reduction (SCR) and repayment exercise at RM2.20 per share failed to get a majority vote.
KUALA LUMPUR: Blue chips closed higher on Tuesday, underpinned by a rebound in Petronas Chemicals, Tenaga Nasional and Maybank as sentiment perked up following a firmer China market.
KUALA LUMPUR: The proposed privatisation of Cycle & Carriage Bintang Bhd (CCB) via a special capital repayment of RM2.20 a share fell through as it did not secure the majority needed from the disinterested shareholders during its EGM on Tuesday.
KUALA LUMPUR: Cycle & Carriage Bintang Bhd, which has been a downtrend over the past few trading days, rebounded 7.4% this morning.KUALA LUMPUR: Cycle & Carriage Bintang Bhd, which has been a downtrend over the past few trading days, rebounded 7.4% this morning.
KUALA LUMPUR: Stocks to watch on Tuesday include NWP Holdings Bhd, Omesti Group Bhd, Cycle & Carriage Bintang Bhd, Compugates Holdings Bhd, Green Packet Bhd, Carimin Petroleum Bhd and Serba Dinamik Holdings Bhd, according to JF Apex Research.