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Double-digit growth seen next year on improving economy
One of the popular ways to raise funds for a listed issuer is via private placement of shares. Of course, to do so, the listed issuer would have to first obtain the mandate of its shareholders as required under Section 75 and Section 76 of the Companies Act, 2016.
KUALA LUMPUR: Boustead Holdings Bhd has appointed Datuk Sri Mohammed Shazalli Ramly, the former boss at Telekom Malaysia Bhd, as its group managing director effective Dec 1.
THE United States elections are nearly over, maybe. The country is divided down the middle but we still do not know whether the loser will get out of his playpen and concede to the winner.
SINGAPORE/BEIJING: China's commercial oil stockpiling sector, which emerged as a key swing buyer of crude as prices plunged earlier this year, is setting plans to grow again in 2021, supporting a further boost in imports.
Local electronics and mechanical manufacturing solutions provider supports US companies
HANGZHOU, China: China's Alibaba said orders on its e-commerce platforms during the Singles' Day shopping extravaganza had exceeded $56 billion by Wednesday morning, as lockdown-weary consumers splashed out on as many as 16 million discounted goods.
KUALA LUMPUR: The rally on Bursa Malaysia on Thursday, driven by foreign buying, came to a halt in early Friday ahead of the Budget 2021 proposals to be unveiled at 4pm.