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PETALING JAYA: Genting Malaysia Bhd is injecting US$40mil (RM174mil) into US-based casino operator Empire Resorts. Inc by subscribing the latter’s preferred stock.
DUBAI: Qatar Airways increased its holding in British Airways parent IAG SA to more than a quarter of the stock, tightening its grip on the European group after expansion in the Gulf was thwarted by a Saudi-led embargo.
SHANGHAI: Investors betting on Alibaba Group Holding Ltd’s inclusion in a programme allowing mainland Chinese investors to buy its shares in Hong Kong could be in for a disappointment.
PETALING JAYA: Shareholders will now have a checklist that can guide them in raising issues for discussion at corporate AGMs.
KUALA LUMPUR: The Securities Commission (SC) has released the annual general meeting corporate governance checklist for shareholders (AGM CG Checklist) to promote meaningful dialogue between shareholders and board of directors at annual general meetings (AGM).
Niggling question on PNB’s voting rightsTHE role of Permodalan Nasional Bhd (PNB) in the takeover of the four highways by the Finance Ministry (MoF) has come into question
TOKYO: Japanese hotel chain Unizo Holdings said on Sunday it had received a friendly buyout offer from U.S. investment fund Lone Star, a deal that could end a five-month takeover battle involving Blackstone Group, Fortress Investment Group and activist investor Elliott Management.
BEIJING: Most mainland investors can still only watch gains in Alibaba Group Holding Ltd., as China’s most valuable listed company extends increases after its Hong Kong stock exchange debut.
HONG KONG: Alibaba Group Holding Ltd. won’t feature in Hong Kong’s most widely followed stock benchmark unless the index provider significantly overhauls its rules.