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Tag: Malaysia

Posted on April 15, 2021

Malaysia’s Khazanah raises $75.7 mln from Telekom Malaysia share placement

Malaysian sovereign wealth fund Khazanah Nasional Bhd KHAZA.UL said on Thursday it had raised 312 million ringgit ($75.71 million) through a sale of shares in national telecommunications company …

( read original story …)



Posted on April 15, 2021

Fast decision on cabotage exemption needed to preserve Malaysia’s digital future, PM told

Prime Minister Tan Sri Muhyiddin Yassin must expedite the decision on Malaysia’s cabotage policy to prevent more global technology firms from shunning the country, former finance minister Lim Guan Eng …

( read original story …)



Posted on April 15, 2021

Grab – A missed opportunity for Malaysia

The news about South-East Asia’s first decacorn, Grab Holdings Inc, to be listed in the United States in a massive near-US$40bil (RM165.16bil) deal is a big loss for Malaysia.

( read original story …)



Posted on April 14, 2021

SCIB buys loss-making Selangor construction firm to expand biz in Peninsular Malaysia

KUALA LUMPUR (April 14): Sarawak-based Sarawak Consolidated Industries Bhd (SCIB) is acquiring a loss-making construction firm in Seri Kembangan, Selangor for RM4.98 million, to explore business …

( read original story …)



Posted on April 14, 2021

SCIB buys loss-making Selangor construction firm to expand biz in Peninsular Malaysia

KUALA LUMPUR (April 14): Sarawak-based Sarawak Consolidated Industries Bhd (SCIB) is acquiring a loss-making construction firm in Seri Kembangan, Selangor for RM4.98 million, to explore business …

( read original story …)



Posted on April 14, 2021

Grab’s cofounders took a $10,000 business school prize and turned it into a ‘super app’ worth $40 billion as part of the largest SPAC deal ever

Grab’s new merger is expected to be valued at nearly $40 billion, making it the largest SPAC deal ever. It launched as a ride-hailing app in Malaysia.

( read original story …)



Posted on April 14, 2021

Malaysia Builder Rally Hots Up as Pump-Priming Signs Appear

Kerjaya Prospek Group Bhd., one of Malaysia’s biggest contractors, said Friday it won its first job of 2021, sending its shares to a 31-month high this week. TCS Group Holdings Bhd. said that same day …

( read original story …)



Posted on April 14, 2021

Tourism ministry resumes RM5mil Gamelan fund for tourism recovery in Malaysia

Tourism operators in Malaysia can now tap into the Malaysian Tourism Incentive Fund (Gamelan) to revitalise the domestic tourism sector amid Covid-19, says the Tourism, Arts and Culture Ministry.

( read original story …)



Posted on April 14, 2021

Tourism ministry resumes RM5mil Gamelan fund for tourism recovery in Malaysia

Tourism operators in Malaysia can now tap into the Malaysian Tourism Incentive Fund (Gamelan) to revitalise the domestic tourism sector amid Covid-19, says the Tourism, Arts and Culture Ministry.

( read original story …)



Posted on April 14, 2021

Malaysia Bond Laggards Show Signs of Recovery: SEAsia Credit

That makes returns on the notes, which are some of the highest rated in Southeast Asia, more vulnerable to rising ratesFor Southeast Asian bond pipeline, click here Islamic Finance – Malaysia’s Sukuk …

( read original story …)



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