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KLSE News: 12 Jan 2015 – Tenaga Nasional Bhd (TNB) is proposing to acquire the remaining 77.88%…

Tenaga Nasional Bhd (TNB) is proposing to acquire the remaining 77.88% in Integrax for about RM645m or RM2.75/share. TNB currently holds about 22.12% shares in Integrax. CIMB is acting on behalf of the utility company as the advisor for the acquisition. On Friday, Integrax closed five sen higher at RM2.31. (Bernama) The primary objective of […]

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KLSE News: 9 Jan 2015 – Top Glove Corp Bhd, which continues to be on the lookout for merger and acquisition (M&A) opportunities…

Top Glove Corp Bhd, which continues to be on the lookout for merger and acquisition (M&A) opportunities, is targeting to achieve 10% growth in profits and sales volume for the financial year ending August 31, 2015. Kuala Lumpur Kepong Bhd is selling a 20% stake in KLK Pemier Capital Ltd (KLKPCL) to long-term business partner […]

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