Velesto Energy’s NAGA (dragon) 7 jack-up drilling rig that sunk offshore Malaysia last month while under contract to ConocoPhillips will be abandoned. The
PPB Group, controlled by Malaysia’s richest tycoon Robert Kuok, reported that its profit doubled in the first quarter as the Kuala Lumpur-listed conglomerate benefited from robust demand for palm oil and sugar across the region.
Malaysian Billionaire Lim Kok Thay s Genting HK Eyes Asset Sales Amid Losses forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
May 6, 2021
Ahead of the opening of its impressive Resorts World Las Vegas property and prominent casino operator Genting Malaysia Berhad has announced that the venue is to ‘explore future opportunities’ in the world of cryptocurrency via a new partnership with Gemini Trust Company LLC.
The Kuala Lumpur-listed firm used an official press release to declare that the first-of-its-kind alliance with the American digital currency exchange innovator could soon allow guests at the 3,500-room Nevada development to use their ‘crypto wallet to enhance the integrated resort experience’. The company moreover proclaimed that the new union aims to transform the 87-acre facility, which is scheduled to open from June 24, into ‘one of the most crypto-friendly resorts on the Las Vegas Strip’ by giving its guests the ability to enjoy ‘convenience and security’ only provided by Gemini Trust Company LLC.
By Jonathan Breen
07.15 AM
Top Glove Corp, the world’s largest manufacturer of rubber gloves, has revised its planned Hong Kong listing down to a size of HK$6.9bn ($889m).
The Kuala Lumpur-listed issuer was initially aiming to raise HK$14.95bn from a secondary listing of 1.3bn new shares on the HKEX.But the company announced on Thursday that it has cut the offer size to 690m primary shares, equal to 7.94% of its enlarged equity capital. It has
. Already a subscriber? Login