The wealth fund is on track to achieve this year’s target of cutting debt to 47 billion to 48 billion ringgit, from 50 billion ringgit.
Policy & Regulations
MyCC will announce its decision on Thursday after investigating whether the ride-hailing firm is anti-competitive.
Discussions with Telenor are likely to take three to six months, with a target to conclude talks by November.
The deal increases the Japanese firm’s presence in Southeast Asia.
The loans are earmarked for Proton's growth and expansion plans in the region.
IPOs & Markets
The company cut the offer size to up to 1.2 billion ringgit ($290.84 million), including an overallotment option, from an earlier target of $600 milli
Lynas last week rejected a $1.1 billion takeover offer from Australian conglomerate Wesfarmers Ltd.
The IPOs, which were postponed last year due to weak markets, could together raise as much as $900 million.
The government is seeking to tap new revenue sources to boost its fiscal position.
Malaysia's Axiata Group, the largest shareholder in M1 Ltd, has accepted a bid from Singapore investors that valued M1 at $1.4 billion.
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