AFTER decades of relying on the domestic market, the US-China trade war presented Southern Cable Group Bhd (SCGB) a unique opportunity to diversify outside the country.

As a result, the manufacturer of copper and aluminium cables and wires, plastic compounds and wooden cable drums has s...

Southern Cable gains export diversification advantage from US-China trade war

THE EY Entrepreneur Of The Year (EOY) Malaysia programme is back for its 22nd year and is inviting members of the public and business community to nominate distinguished entrepreneurs for a chance at winning the coveted title.

Nominations for this year’s awards are open from now until J...

EY Entrepreneur Of The Year 2023 open for nominations

MINI-market operator KK Supermart & Superstore Sdn Bhd, which generates about RM1 billion in annual revenue, is weighing the option of floating its shares on Bursa Malaysia, possibly within the next one to three years.

Ahead of the potential listing, the retailer is on an expansion ...

KK Supermart mulls listing, speeds up expansion

IN the past three years (as at Dec 31, 2022), Bursa Malaysia-listed companies fetched a total of RM44.9 billion via secondary issuances, about half of which (RM22.6 billion) was raised in 2022 alone, the Securities Commission Malaysia’s (SC) annual reports show.

Based on data compiled b...

Upsized share issuances not quite the remedy to put firms on stronger footing

Notable filings

From May 8 to 12, notable changes in the shareholding of companies publicly traded on Bursa Malaysia included that at Destini Bhd. 

The company, which is involved in oil and gas, specifically tubular handling equipment, conductor install...

Insider Moves: Destini Bhd, Scomi Energy Services Bhd, Yong Tai Bhd, Bintai Kinden Corp Bhd, Sunway Bhd, YTL Power International Bhd 

FINANCIALLY distressed Pharmaniaga Bhd is understood to have received proposals from interested parties looking to take a stake and participate in the pharmaceutical company’s restructuring, sources say.

The interested parties are said to include institutional funds, private equity firm...

A ‘cheap’ Pharmaniaga is attracting potential investors

At the upcoming parliamentary sitting in June, Prime Minister Datuk Seri Anwar Ibrahim is scheduled to table the Health White Paper (HWP), which will set out the guiding principles and strategies to reform and strengthen the country’s healthcare system. As co-chairs and members of the 13-person H...

State Of Health: Now is the time for health reforms

Any visit by a Malaysian prime minister to China is a test of gumption, enterprise and judgment. When the leader of a country that is as strategically pivotal as Malaysia deals with a major power, every word and gesture is watched by audiences — both foreign and domestic — with abundant detail an...

My Say: Anwar’s China visit combines economic diplomacy with geopolitical hedging

TWO children of the late Lim Siew Kim — youngest daughter and third child of the late gaming mogul and founder of the Genting group of companies, Tan Sri Lim Goh Tong — are disputing her will, which was purportedly executed on April 28 last year, and are claiming that she died intestate.

<...

Lim Goh Tong’s daughter Siew Kim’s will in dispute

As a parent of young children, I find myself occasionally (ahem, okay, quite often) blurting out “threats” when my children refuse to listen. A common refrain is this: “Don’t lie to me. Mummy knows, Mummy always knows.”

At this point in their little lives, as creative as they can get wi...

Coffee Break: The taxman always knows

Pending a resolution, the US debt ceiling crisis can be expected to dominate headlines this week. Fear of a potential breach of the debt ceiling nudged the US stock market, as well as Japan’s Nikkei and Hong Kong’s Hang Seng down last week.

US Treasury Secretary Janet Yellen has repeate...

The Week Ahead: US debt limit default takes centre stage as June 1 deadline looms

IT is now that time of the year when many employees start looking for fresh opportunities as the bonus and increment cycles of most organisations would have ended.

Based on job advertisements and conversations with recruiters, the flurry of movement in talent that is taking place implie...

The State of the Nation: Malaysia’s job market seen improving, but slower wage growth

YNH Property Bhd’s announcement on the sale of a piece of land in Kuala Lumpur on May 16 has raised more than a few eyebrows and even prompted two rounds of very targeted questioning by the stock exchange regulator Bursa Malaysia.

In the second batch of queries that was announced last T...

Frankly Speaking: A lesson learnt for YNH

SIME Darby Bhd’s wholly-owned automotive arm, Sime Darby Motors Sdn Bhd, is looking to venture into India, sources say.

Details of the planned move are scarce. For instance, it is still unclear whether Sime Darby has sought a partner for the venture.

In an emailed response to ...

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