Australia’s Rinehart takes stake in Lynas Rare Earths
Australia’s richest person, Gina Rinehart, has become a substantial shareholder in Lynas Rare Earths, the largest producer of rare earths…
Corporate News
Thames Water to release new business plan this week
Thames Water Utilities Ltd’s board members are set for last-ditch talks to update their business plan this week after shareholders…
Vietnam mounts huge US$24bil rescue for bank engulfed in fraud
Vietnam has mounted an “unprecedented” rescue of Saigon Joint Stock Commercial Bank (SCB), a lender engulfed in the nation’s biggest…
Heitech to raise RM22.98mil via placement
Heitech Padu Bhd is proposing a private placement of 10.12 million new ordinary shares to raise gross proceeds of RM22.98mil…
KTI seals underwriting deal with M&A Securities
KTI Landmark Bhd has signed an underwriting deal with M&A Securities Sdn Bhd for its listing on the ACE Market…
Ministry has no qualms about MMC divestment
The Transport Ministry (MOT) has no objections to MMC Corp Bhd plans to divest its 49% stake in MMC Ports…
HeiTech Padu proposes private placement to raise RM22.98mil for working capital
KUALA LUMPUR: HeiTech Padu Bhd has proposed a private placement of 10.12 million new ordinary shares, raising gross proceeds of RM22.98 million, which will…
CTOS, airasia academy to empower SMEs
With 1,000 courses on its platform, airasia academy is joining hands with CTOS Digital Bhd to empower small and medium…
IGB REIT cautious on retail sales growth
KUALA LUMPUR: The manager of IGB Real Estate Investment Trust (IGB REIT) said it is cautious on retail sales growth,…