By Vinicy Chan
It is in talks with China Galaxy Securities Co for this stake sale
Sidestep app allows users to skip long queues during live events
Malaysian offshore drilling services company UMW Oil & Gas Corp Bhd (UMW-OG) said it would buy Icon Offshore Berhad in a deal that values theoffshore support vessel provider at 588.6 million ringgit ($132 million). UMW-OG will first acquire government-linked private equity firm Ekuiti Nasional Berhad’s (Ekuinas) indirect stake of 42.3… Read more »
The framework will take effect on March 20 this year.
A downturn in the Oil and Gas industry has led to the ideas about consolidation and this year the consolidations could finally take place.
This is the first time Axiata has diluted its stake in edotco.
Felda Investment Corp has also acquired and invested in properties abroad.
Warren Buffett’s Berkshire Hathaway Specialty Insurance Company (BHSI) has secured a a license from Malaysia’s “midshore” financial center Labuan IBFC’s regulator Labuan FSA, to provide non-life reinsurance to the Malaysian market.
Malaysia based events management company E-Plus Ltd that listed at the National Stock Exchange of Australia with a market capitalisation of about $9 million, started trading on the exchange on Monday.
General ticket sizes will be between 500k-3 million RM for this new fund