Investment & Market Trends

Investment & Market Trends

AllianzGI In Exclusive Talks To Acquire UOB Asset Management

Allianz Global Investors (AllianzGI) is reportedly in exclusive negotiations to acquire the asset management business of Singapore-based United Overseas Bank Ltd (UOB), according to sources familiar with the matter. The

Investment & Market Trends

Sapura Industrial Sells Land For RM10 Million

Sapura Industrial Bhd is disposing of a 2.163-hectare parcel of vacant leasehold land in Ayer Keroh, Melaka, to Loongsen Plastics (M) Sdn Bhd for RM10.48 million as part of its

Investment & Market Trends

Yamada, Edion Plan Merger To Form Electronics Giant

Japan’s Yamada Holdings and Edion said they are planning a merger that could create a major consumer electronics retailer with combined sales of around US$16 billion. Both companies said their

Investment & Market Trends

Adviser Says Maxim Global Takeover Offer Is Unfair

A takeover offer for Maxim Global Bhd from its managing director Tan Sri Gan Seong Liam is not fair and not reasonable, said the deal’s independent adviser. Maxim Global is

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