Mega
MMC Port said to be weighing mega Malaysia IPO valued at up to RM27 billion
It runs seven ports along the Strait of Malacca, one of the world’s busiest shipping lanesMMC Port Holdings has been considering an initial public offering (IPO) in Kuala Lumpur...
MMC Port said to be weighing mega Malaysia IPO valued at up to RM7 billion
It runs seven ports along the Strait of Malacca, one of the world’s busiest shipping lanesMMC Port Holdings has been considering an initial public offering (IPO) in Kuala Lumpur...
China to boost capital at mega banks for first time in a decade
CHINA is planning to recapitalise its biggest commercial lenders for the first time in more than a decade, seeking to strengthen the industry battling with record low margins, sinking...
China’s mega banks deliver on dividend pressure as profits fall
CHINA’S biggest lenders heeded calls from regulators to boost dividends and support markets even as earnings are under pressure from falling interest rates.
The world’s largest lender by assets,...
Mars to acquire Cheez-It, Pringles maker Kellanova in mega US$36 billion deal
FAMILY-OWNED candy giant Mars, whose brands include M&M’s and Snickers, said on Wednesday (Aug 14) it would buy Cheez-It and Pringles maker Kellanova in a nearly US$36 billion deal,...
German Allianz to invest in China’s mega pension company with 2% stake
ALLIANZ Global Investors (AGI), one of the investment arms of German insurer Allianz, has become the first foreign company to own a stake in China’s pension insurance giant Guomin...
Singapore architectural firm wins US$28 million deal to light up mega theme park in Saudi Arabia
SINGAPORE-BASED Swan & Maclaren Group (SMG), one of the country’s oldest architectural firms, has clinched a US$28 million tender to provide illumination systems for the Six Flags Qiddiya theme...
China’s mega banks post rare profit drops on margin squeeze
INDUSTRIAL & Commercial Bank of China (ICBC), the nation’s largest lender, reported its first decline in quarterly profit in more than a year as margins continue to contract. Net...
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