KUALA LUMPUR: China Stationery Ltd (CSL), the eighth Chinese company to be listed on Bursa Malaysia, has plans to build its first overseas manufacturing plant in Malaysia.
KUALA LUMPUR: En route to a listing, Pavilion Real Estate Investment Trust (REIT) plans to buy three shopping malls, namely the Fahrenheit88, the extension to Pavilion Kuala Lumpur Mall (Pavilion Mall) and a soon-to-be-developed mall in USJ Subang Jaya, within the next two years.
KUALA LUMPUR: Hibiscus Petroleum Bhd, which has raised RM235 million from its initial public offering (IPO), remained optimistic even after seeing its stocks open at a 13.6 per cent discount on its debut on Bursa Malaysia Bhd.
KUALA LUMPUR: Tycoon Ananda Krishnan's Bumi Armada is raising as much as US$906 million (RM2.77 billion) through an IPO next month, according to a term sheet, in what will be Southeast Asia's second largest stock offering after Hutchinson Port's Singapore listing.