News about capital

KUALA LUMPUR (Dec 5): Hypermarket operator TF Value-Mart (TF) may have recently changed owners, but they are keeping to its successful and simple formula of focusing on second-tier cities and remaining asset-light, The Edge Malaysia reports.

KUALA LUMPUR (Nov 23): TA Enterprise Bhd’s (TAE) substantial shareholder and co-founder Datuk Tony Tiah’s takeover offer to acquire a 39.

KUALA LUMPUR (Oct 29): CapitaLand Malaysia Mall Trust's (CMMT) net property income (NPI) fell 17.

KUALA LUMPUR (Oct 23): RHB Bank Bhd saw one of its employees working on Level 13 of Menara Capital Square test positive for Covid-19 today.

Penang-based property developer Aspen (Group) Holdings Limited (Aspen Group) has announced the company’s latest venture into the rubber glove manufacturing business in August this year, as a move to diversify from its property development business.

KUALA LUMPUR (Oct 1): Top Builders Capital Bhd (formerly known as Ikhmas Jaya Group Bhd) has announced a cocktail of proposals, including debt-to-equity settlement and a rights issue, to lift itself out of the financial woes.

KUALA LUMPUR (Sept 24): Mah Sing Group Bhd intends to issue up to RM100 million unrated seven-year redeemable convertible sukuk murabahah to fund future investments and working capital requirements.

KUALA LUMPUR (Sept 24): Encorp Bhd plans to raise RM5.

KUALA LUMPUR (Sept 23): Malaysia-based coworking space operator WORQ has secured RM10 million in funding from seven follow-on investors that include the Singapore independent fund management company Phillip Capital Management.

KUALA LUMPUR (Aug 26): MB World Group Bhd's share trade will be suspended from 9am next Wednesday (Sept 2) as the joint offerors under the takeover offer for the property developer have collectively held more than 90% its shares and they do not intend to maintain the listing status of MB World on Bursa Malaysia's Main Market.