CIMB Group Holdings Bhd’s investment bank, CIMB Investment Bank Bhd, inked a deal earlier on Friday (April 7) to acquire KAF Equities Sdn Bhd from KAF Investment Bank Bhd (KAF IB), sources said.

CIMB Investment Bank inks deal to buy KAF Equities, sources say

Datuk Nik Airina Nik Jaffar, director of special projects and corporate finance at UEM Group Bhd, is said to have been appointed as new managing director and chief executive officer of PLUS Malaysia Bhd, according to sources.

Nik Airina Nik Jaffar is said to be PLUS Malaysia’s new MD and CEO

KUALA LUMPUR (Feb 25): Digital health platform and e-prescriptions issuer DOC2US is set to be physically operating in Saudi Arabia, bringing in and setting up its ecosystem and infrastructure in the country to provide digital healthcare services for international pilgrims and travelers.

DOC2US plans to invest US$1 mil to set up physical ops in Saudi Arabia, say sources

Former Civil Aviation Authority of Malaysia (CAAM) chief executive officer Datuk Captain Chester Voo Chee Soon is set to join AirAsia Aviation Group Ltd (AAAGL), the aviation arm of Capital A Bhd, as the group chief operating officer, The Edge has learned.

Ex-CAAM CEO Chester Voo to join Capital A's aviation arm, sources say

CIMB Group Holdings Bhd is looking to split the chief executive officer (CEO) job at its group wholesale banking segment into two, resulting in co-CEO positions to separately oversee the treasury and markets segment as well as the corporate and investment banking segment, said multiple sources familiar with the matter.

CIMB looks to split CEO job at wholesale banking; ex-JPMorgan banker to join as co-CEO — sources

Local e-prescription service provider DOC2US is set to ink a strategic regional partnership with Watsons Malaysia.

DOC2US set to ink strategic regional partnership with Watsons Malaysia

The Securities Commission Malaysia’s (SC) managing director Foo Lee Mei, general counsel Chee Fei Meng plus executive director of digital strategy and innovation Chin Wei Min are understood to have quit.

Three more top officials leave SC

Several sources say Berjaya Corp Bhd’s (BCorp) chief executive officer Abdul Jalil Abdul Rasheed will be stepping down from his post to pursue his personal interests.

Abdul Jalil to step down as Berjaya Corp CEO to pursue personal interests

The price tag is believed to be in the range of RM2.3 billion to RM2.6 billion cash, according to sources.

Affin Bank sells asset management arm to CVC Capital Partners for over RM2b, say sources

Serba Dinamik Holdings Bhd, which is currently in a legal stand-off with Bursa Malaysia, KPMG and EY Consulting, has missed the coupon payment due on its US$300 million sukuk two days ago (Nov 9).

Serba Dinamik misses coupon payment for US$300m sukuk

KUALA LUMPUR (Oct 18): In a crucial step to determine its future, AirAsia X Bhd (AAX), the low-cost long-haul affiliate of AirAsia Group Bhd, will hold a meeting with scheme creditors on Nov 12 to vote on its proposed plan to restructure RM63.5 billion of debt.

AirAsia X to hold crucial creditors meeting to vote on debt restructuring plan on Nov 12

CONGLOMERATE Sunway Bhd may sell a strategic stake in its healthcare asset to Government of Singapore Investment Corp (GIC), sources familiar with the matter tell The Edge.

While details are scarce, it is understood that Sunway may be making an announcement about the sale of between 20%...

Sunway may sell stake in healthcare arm to Singapore’s GIC

The Edge has learnt that Loob Holding Sdn Bhd — the holding company of bubble tea brand Tealive — has sold a strategic stake of 30% to private equity (PE) firm Creador. According to sources, the price was in the RM260 million range.

Tealive’s parent sells 30% stake to PE firm Creador

IJM Plantations Bhd and Kuala Lumpur Kepong Bhd (KLK) have requested for suspension of trading of their shares effective 2.30pm today, pending an announcement.

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