KUALA LUMPUR: TDM Bhd has accepted an offer from Ikhasas CPO Sdn Bhd to acquire equity interests in PT Rafi Kamajaya Abadi( RKA) and PT Sawit Rezeki Abadi( SRA).... The group also said the proposed disposal provides an opportunity for TDM and its subsidiaries to exit its Indonesian operations and focus its resources on its Malaysian operation.... It added that the offer shall be conditional on TDM and disposal companies fulfilling certain agreed specific conditions within six months from the d

PETALING JAYA: The banking sector could see a minor blip in earnings in the fourth quarter before

PETALING JAYA: Analysts are recommending that stakeholders accept the unconditional takeover offer for Hock Seng Lee Bhd( HSL) at RM1.35 a share. Hock Seng Lee said in a recent filing with Bursa Malaysia that its joint ultimate offerors comprising Datuk Yu Chee Hoe, Tan Sing Ngiik, Vincent Yu Yuong Yih and Tony Yu Yuong Wee had made a voluntary offer of RM1.35 a share to acquire all the remaining 86.9 million shares or 15.8% stake not held by them. The offer is unconditional on the minimum level

Datuk Justin Lim Hwa Tat have ceased to be substantial shareholders of the company.In a filing with

KUALA LUMPUR: Duopharma Biotech Bhd shareholders had on Friday voted to approve the company’s

The deal did not require the support of shareholders of ATT, which currently owns WarnerMedia

KUALA LUMPUR: KNM Group Bhd shareholders have rejected the proposed private placement of up to

shareholder also addressed the Ghosn scandal, saying the problem should have been solved internally

Lim Hock San said: “ We are delighted to have received the support of our shareholders and achieved a

At end-March, mining accounted for about 0.75% of the bank’s total loans and lending to oil and gas extraction represented 0.22%, the bank said.A May report by the International Energy Agency said there should be no more new fossil fuel projects after this year for the world to reach its target of net zero emissions by 2050. Australia, the world’s biggest coal exporter and one of the world’s largest carbon emitters per capita, has not signed up for that target, and this week approved its third c