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Vizione joins the ‘glove rush’ with RM30mil capital expenditure
VIZIONE Holdings Bhd has become the latest to join the rush onto the glovemaking bandwagon, after it recently announced a proposed deal to pay RM5mil cash for a 51% majority stake in glovemaker SSN Medical Products Sdn Bhd.
Lim plans new drive into Bandar Malaysia
Ekovest to benefit from pipeline of infra jobs if deal materialises
Alibaba eyes bigger role in global logistics sector with YTO stake buy
SHANGHAI: As competition intensifies in China’s logistics market, e-commerce giant Alibaba is deepening its collaboration with major domestic couriers to explore opportunities in international and digital businesses
Stake buy to strengthen MyEG’s position
PETALING JAYA: MyEG Services Bhd’s move to acquire 10% equity in S5 Holdings Inc is expected to strengthen the company’s position in the immigration space and as the preferred e-government services provider in Malaysia.
Destini to make foray into port ops via stake buy
KUALA LUMPUR: Destini Bhd is making its foray into jetty and port operations for mining companies via a proposed stake buy in Indonesian company PT Muara Badak Perkasa (PT MBP) in a S$4mil (RM12mil) deal.
Maybank IB positive on Dialog’s HBP stake buy
KUALA LUMPUR: Maybank Investment Bank Research is positive on Dialog Group’s proposal to buy a 25% stake in Halliburton Bayan Petroleum (HBP) from Halliburton International (HI) for RM34.5mil because it makes financial and strategic sense.
China firm buys into Securemetric
PETALINIG JAYA: China’s Feitian Technologies Co Ltd has acquired 20 million shares in Ace Market-listed Securemetric Bhd, Bloomberg data showed.
EU court claims final word on Berlusconi's stake in Mediolanum
FRANKFURT (Reuters) - The European Union's top court will have the final word on whether Silvio Berlusconi can keep his 30 percent stake in Banca Mediolanum
Scientex to make MGO for packaging firm Daibochi
PETALING JAYA: Scientex Bhd will launch a mandatory general offer (MGO) for Daibochi Bhd to expand the flexible packaging business after proposing to acquire a controlling 42.41% stake for RM222.50mil in a share swap.
Press Metal expected to go upstream after stake buy
PETALING JAYA: Press Metal Aluminium Holdings (PMetal) is expected to go upstream via an acquisition of a 50% stake in Japan Alumina Associates (JAA), which in turn holds a 10% participation interest in Worsley Alumina Project (WAP).
