Asia Digest: Indonesia’s Bank MNC plans rights issue; Malaysia’s Hubline buys stake in Absolute Privilege

Asia Digest: Indonesia’s Bank MNC plans rights issue; Malaysia’s Hubline buys stake in Absolute Privilege

Photo: Pixabay

Indonesia’s Bank MNC International is planning to conduct a rights issue in December 2019 while Malaysia-listed shipowner and charterer Hubline Bhd is acquiring a 75 per cent stake in property investment company Absolute Privilege Sdn Bhd for 16.37 million Ringgit.

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