Investment & Market Trends

Zetrix AI To Acquire 50% Stake In MYEG Ventures Philippines For RM130m
Zetrix AI Bhd is acquiring a 50% stake in Philippines-based information technology services provider MYEG Ventures Inc for RM130 million through a cash-and-share deal. In a bourse filing, the digital

RedPlanet Signs Underwriting Deal For ACE Market Listing Transfer
RedPlanet Bhd has signed an underwriting agreement with UOB Kay Hian (M) Sdn Bhd (UOBKH) for its proposed initial public offering (IPO) and transfer of listing from the LEAP Market

VSTECS To Sell Stake In Isatec For RM49mil
Vstecs Bhd is proposing to dispose of its entire 40% stake in Isatec Sdn Bhd for RM48.75 million in cash, as the group seeks to monetise the investment and redeploy

Oriental Kopi Expands Into Indonesia, Mauritius In Overseas Push
Oriental Kopi Holdings Bhd, whose share price has slid nearly 30% year-to-date, has announced its overseas expansion plans into Indonesia and Mauritius. The ACE Market-listed food and beverage chain operator

Keyfield Buys Mega Dredger For US$25m, Enters Dredging Business
Keyfield International Bhd is venturing into the dredging industry through the acquisition of a mega trailing suction hopper dredger (TSHD) at a price 61% below its independently assessed fair-market value.

Li Ka-shing Sticks To US$23 Billion Ports Asking Price Despite Panama Loss
Li Ka-shing’s CK Hutchison Holdings Ltd expects to sell what remains of its global ports portfolio for its original US$22.8 billion (RM91.82 billion) valuation, even after losing two Panama terminals




