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KUALA LUMPUR: Ramsay Sime Darby Health Care Sdn Bhd has picked arrangers for an initial public offering in Malaysia that could raise about US$300mil, according to people with knowledge of the matter.
A reported potential tie-up with Apple Inc made South Korea’s second-richest family even richer.
Several Western media outlets have reported the disappearance of Jack Ma, China’s most prominent businessman, and co-founder of e-commerce and entertainment giant Alibaba. Some reports claim Ma hasn’t been seen in public for some two months.
Texas is making another bid to become America’s technology hub.
BEIJING (Reuters): Ant Group Co Ltd is considering folding most of its online financial businesses, including consumer lending, into a holding company that would be regulated like traditional financial firms, two people with direct knowledge of the matter said.
PETALING JAYA: The first deliveries of the AstraZeneca-Oxford University Covid-19 vaccine to Malaysia are expected in the first half of 2021, says the pharmaceutical company.
Silicon Valley is seeing departures of some of its high-profile stars as a pandemic-linked shift to remote work and political polarisation have dulled the allure of the key tech industry hub.
SINGAPORE (The Straits Times/ANN): Singapore-listed mm2 Asia has entered into a heads of agreement for the possible merger of its Cathay cinema business with Golden Village cinemas in Singapore, which is owned by Orange Sky Golden Harvest Entertainment (Holdings) Limited (OSGH).
CHINA’S Ant Group, which is about to make the biggest public sale of shares ever, poses a basic conundrum: what kind of company is it – a financial colossus or a tech giant?