The fund will look to trim stakes in companies identified as non-strategic to 15-25% and reduce its physical presence in locations such as London, Mum
IPOs & Markets
The minister said an order to recognize digital currencies and digital tokens as securities will come into force on Jan. 15.
A particular focus is how billions of dollars went missing from state fund 1Malaysian Development Berhad (1MDB), founded by Najib in 2009.
Bankers see opportunities in transactions that could emerge from sovereign wealth fund Khazanah Nasional's portfolio rebalancing, or at other governme
Malayan Banking Bhd has promoted two insiders to top positions in its investment banking arm Maybank Kim Eng Group.
The unit, edotco, recently cancelled a $940-million deal to acquire 13,000 towers from a unit of Pakistan Mobile Communications as regulators failed t
The proposed deal is based on an enterprise value of $1.6 billion, Sapura said.
FWD, owned by tycoon Richard Li, is acquiring the British lender's 49% stake in HSBC Amanah Takaful (Malaysia) Bhd initially.
The group is actively looking to expand in key regions such as the Middle East, Africa, Latin America, Caspian and Mediterranean as well as South East
The shares represent approximately 3 percent of RHB's enlarged share capital.
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