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Between the two listed stocks, Batu Kawan Bhd and its 47%-owned Kuala Lumpur Kepong Bhd (KLK), it is the latter that generates investor interest for being a key player in the palm oil industry here and in Indonesia.
NEW YORK: NextEra Energy Inc, the world's largest producer of wind and solar energy, has made a roughly US$15 billion all-stock acquisition offer for U.S. power utility Evergy Inc, people familiar with the matter said on Monday.
KUALA LUMPUR: Mecurity Securities Sdn Bhd has advised the minority shareholders of plantation company Kwantas Corporation Bhd to accept the takeover offer of RM1.65 from the major shareholder.
Coca-Cola Amatil Ltd said on Monday that Coca-Cola European Partners offered to buy the Australian bottler for A$9.23 billion ($6.58 billion), in what would be the country's biggest deal this year.
KUALA LUMPUR: Worries about the rising Covid-19 infections and the impact on the economy continued to weigh on the equities market.
KUALA LUMPUR: Stocks which could attract trading interest include Samaiden Group Bhd, which will make its debut on the ACE Market on Thursday. Its offer price is 48 sen.
KUALA LUMPUR: Bursa Malaysia pared its earlier losses on Tuesday to close higher with the FBM KLCI's advance underpinned by gains in Petronas Chemicals and Top Glove.
KUALA LUMPUR: MESB shares and it warrants surged to multi-month highs early Tuesday after the company received a mandatory takeover offer for its shares, reflecting the irrational exuberance of investors.