PGF major shareholder sells shares for RM18mil

[ PETALING JAYA: PGF Capital Bhd’s chairman and single-largest shareholder Fong Wah Kai has disposed of a block of his shares in an off-market deal worth RM18.39mil. PGF, whose share price has surged by over 37% year-to-date, announced yesterday that a total of 10.82 million shares – held via Fong’s vehicle Equaplus Sdn Bhd – … Read more

Nestle Malaysia names Wan Zulkiflee Wan Ariffin as new chairman

[ KUALA LUMPUR: Nestle (Malaysia) Bhd has announced the impending appointment of former Petroliam Nasional Bhd (Petronas) president Tan Sri Wan Zulkiflee Wan Ariffin as its new chairman effective May 1, 2024. In a filing with Bursa Malaysia today, the food and beverage company said this will follow the retirement of Tan Sri Syed Anwar … Read more

KLK redesignates Lee Oi Hian as executive chairman

[ KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has redesignated its chief executive officer (CEO) Tan Sri Lee Oi Hian as executive chairman, effective Feb 22, 2024, following the retirement of Tun Raja Muhammad Alias Raja Muhammad Ali as the group chairman tomorrow. In a statement today, KLK said Lee joined KLK in 1974 as … Read more

Bhushan Kumar Appoints Neeraj Kalyan & Shiv Chanana as Directors on T-Series Board

[ Mumbai, Maharashtra, India T-Series today announced that it has appointed two close associates of Bhushan Kumar as Directors on the Board of Super Cassettes Industries Pvt. Ltd. a.k.a T-Series.   L to R: Shiv Chanana, Bhushan Kumar, Neeraj Kalyan Neeraj … Read more

The National Centre for the Performing Arts (NCPA) to Host One of the World’s Most Prestigious Opera Competitions – Operalia

[ The NCPA is pleased to announce that it will be the official host for the 2024 edition of one of the world’s most celebrated opera contests – Operalia. Founded by the world – renowned tenor Pla´cido Domingo, Operalia, for the last three decades, has been instrumental in discovering and establishing the careers of promising … Read more

ANAROCK Raises About INR 200 Cr (USD 25 Mn) Funding from 360 ONE Asset

[ Funds to be deployed into Firm’s overall business growth and industry-leading Proptech platforms Collaboration to create further value for ANAROCK customers in fast-growing Indian real estate sector New tech development to leverage Indian real estate potential to surpass USD 1 Tn by 2030 … Read more

Lyrus Receives US FDA Approval for Critical UTI Treatment in the US

[ The U.S. Food and Drug Administration (FDA) has approved Lyrus Life Sciences’s Abbreviated New Drug Application (ANDA) for ‘Methenamine Hippurate Tablets USP, 1 gram’, an AB-rated, substitutable generic version of Hiprex® from Validus Pharmaceuticals LLC which is indicated for prophylactic or suppressive treatment of frequently recurring urinary tract infections when long-term therapy is … Read more