The independent directors of Malaysian palm oil giant FGV Holdings urged investors on Friday to reject a takeover bid by top shareholder Felda, saying its offer price was unfair, though an. | February 6, 2021
KUALA LUMPUR, Jan 22 The Federal Land Development Authority (Felda) bought 9.97 million more shares in FGV Holdings Bhd from the open market for RM12.96 million. In a filing with Bursa Malaysia today, FGV said the shares were purchased yesterday at.
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Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
KUALA LUMPUR (Jan 15): Based on corporate announcements and news flow today, stocks that may be in focus on Monday (Jan 18) include: KNM Group Bhd, Kanger International Bhd, SKP Resources Bhd, Batu Kawan Bhd, Chemical Company of Malaysia Bhd (CCM), Daya Materials Bhd, Samaiden Group Bhd, MESB Bhd, Seacera Group Bhd, AT Systemization Bhd, Notion-VTec Bhd, Tenaga Nasional Bhd (TNB), Genting Malaysia Bhd (GenM) and FGV Holdings Bhd.
KNM Group Bhd plans to raise up to RM54.93 million via a private placement to pay off its bank borrowings and to fund some ongoing projects. The process equipment manufacturer aims to issue up to 10% of its share capital or 296.92 million shares, which will be placed out to third-party investors to be identified. It said RM20 million of the proceeds raised will be used to repay bank borrowings, while RM33.63 million will be used to procure raw materials, pay subcontractors and other related expenses for its ongoing contracts in Indonesia, Malaysia and Guyan
Green signal for Ernakulam Junction station renovation
Much to the pleasure of Kochiites, a redevelopment project is now in motion to transform Ernakulam Junction Railway station to match international standards.
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Express News Service
KOCHI: Ernakulam Junction, the focal point of Kochi’s rail connectivity, has been ailing with limited space and amenities for a while now. A long-pending redevelopment project by the Indian Railways is now in motion, with an aim to give the facility a facelift. The multi-crore project will upgrade the station to airport-like standards
Much to the pleasure of Kochiites, a redevelopment project is now in motion to transform Ernakulam Junction Railway station to match international standards. The project is being mooted at an estimated cost of Rs 229 crore and is expected to be completed in three years. Apart from improving the existing facilities, the proposal aims to build highrises that will house commercial