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Agriculture EXCLUDING the cash crop of oil palm, Malaysia’s agriculture sector has not excited investors and large corporations. For the longest time, the sector has been dominated by smallholders and hardly has there been any listed company involved in say large scale vegetable farming. But some changes are happening. For one, the topic of food security has hogged the limelight, egged on by the Covid-19 pandemic. Consumers have felt rising prices of staples such as vegetables and meat. The supply chain disruption has impacted the import and export of food products. This in turn, has thrown up opportunities for some. ....
Paramount investing into P2P financing platform 15 Apr 2021 / 21:36 H. PETALING JAYA: Paramount Corp Bhd’s wholly owned subsidiary Magna Intelligent Sdn Bhd is venturing into the fintech sector with a RM13.7 million investment into peer-to-peer (P2P) financing platform Omegaxis for a 30% stake. The group has entered into a conditional share subscription agreement with P2P Venture Sdn Bhd and Omegaxis Sdn Bhd for the exercise. Omegaxis is a special purpose vehicle set up to facilitate Paramount’s proposed investment in P2P financing platforms in collaboration with P2P Venture with a 30:70 ownership structure. The move is in line with its five-year strategic plan (2020-2024) to identify new sources of earnings, particularly those in the digital space, after the divestment of its education business. ....
Paramount invests into P2P financing platform msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
MMC sells more land to Shengda thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
is selling another 11.07 cares of land in Senai Airport City (SAC) to Shengda New Energy Sdn Bhd, as the Chinese-based company seeks to expand its solar system manufacturing facility in Johor. MMC told Bursa Malaysia today that a unit of wholly owned Senai Airport Terminal Services Sdn Bhd has entered into a deal with Shengda to dispose the vacant industrial land for RM24mil. Shengda investment into SAC is for the purpose of its long term expansion plan for manufacturing of solar tracker slew gear (tracking driver), solar cleaning robots and power station demonstration project as well as research and development testing lines for battery energy storage, MMC said. ....