Adelson heir steers Mavericks, plays the long game on casino
NEW YORK: As Game 3 of the NBA Finals tipped off at the American Airlines Centre last Wednesday, Patrick Dumont,…
Corporate News
Sarawak in logging road restoration plan
KUCHING: Sarawak will rehabilitate 14 abandoned logging roads under a RM543mil funding plan to provide convenience and safer travel into…
Adidas probes bribery allegations in China
LONDON: Adidas has launched an investigation into allegations of large-scale bribery in China after the company received a whistleblower complaint…
L’Occitane chairman Geiger offers scrip alternative to take firm private
Hong Kong-listed L'Occitane International said on Monday its chairman Reinold Geiger has offered minority shareholders an alternative takeover proposal, as…
Temasek to invest up to US$198 mln in Australian ETF manager Betashares
Singapore-based investment firm Temasek Holdings will invest up to A$300 million ($198.4 million) in Australian exchange-traded fund manager Betashares, the…
Ocean Fresh aims to raise RM14mil from ACE Market listing
Frozen seafood processor and trader Ocean Fresh Bhd aims to raise RM14.01mil through its initial public offering (IPO) as the…
Shein capitalises on emerging cross-border eCommerce platforms
Zhang Min has taken over his parents’ eyeglasses factory, which was founded more than a decade ago in Taizhou, Zhejiang…
S P Setia land disposal is at fair price, helps to lower group’s net debt
Analysts are generally positive about S P Setia Bhd’s disposal of 959.7-acre in Tebrau, Johor for RM564mil cash.
ACE Market-bound Go Hub Capital targets RM37.5mil from IPO
Transportation information technology (IT) solutions provider Go Hub Capital Bhd has scheduled a listing on the ACE Market of Bursa…