L’Occitane’s billionaire owner Geiger to take firm private in US$1.8bil deal
Hong Kong-listed L'Occitane International's chairman and controlling shareholder, Reinold Geiger, will take the skin-care firm private, giving it an equity…
Musk lays off Tesla senior executives in fresh job cuts, The Information reports
ELON Musk has dismissed two Tesla senior executives and plans to lay off hundreds more employees, frustrated by falling sales…
Malacca Securities sets Farm Price’s fair value at 85% premium ahead of IPO
PETALING JAYA: Malacca Securities has ascribed a fair value of 44.5 sen per share for Farm Price Holdings Bhd, which…
Hong Kong businesses shut shop as city struggles to revive post pandemic
HONG KONG: When Jacky Yu, 48, opened his Japanese gift shop in Hong Kong more than a decade ago, the…
FBM KLCI steps back 0.42% as YTL Power weighs
KUALA LUMPUR: The FBM KLCI snapped its two straight sessions of gains as investors decided to take some money off…
Duopharma gets RM578mil supply contract
PETALING JAYA: Duopharma Biotech Bhd has accepted 11 letters of offers from Pharmaniaga Logistics Sdn Bhd for the supply of…
Fire outbreak at paint processing plant not a subsidiary of Kossan
PETALING JAYA: Kossan Rubber Industries Bhd has clarified that the fire at a paint factory in Meru Industrial Park, Klang…
Transocean changes name to Arka
KUALA LUMPUR: Transocean Holdings Bhd has changed its name to Arka Bhd, with the name change to take effect from…
Public Mutual declares distributions of RM130mil for four funds
KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to over RM130mil for four funds.