This week in business, KHPT Holdings saw its IPO oversubscribed by 124 times, showcasing strong investor interest, while Shell Malaysia signed a long-term deal with a local company to charter shipping vessels.
In another major development, Malaysian plastic firm WF Holdings filed for a Nasdaq IPO, marking its global ambitions. The Ringgit also broke RM4.14 against the US dollar for the first time since 2021.
Additionally, the rebranding of Minetech Resources to Aizo Group Berhad signified a strategic shift. Meanwhile, Hong Kong's Hang Seng Index soared past 3%, setting a new record. These highlights, along with other key updates, defined the week's business landscape.
Read more below:
KHPT Holdings IPO Shares Oversubscribed By 124 Times
Shell Malaysia Signs Long-Term Deal With Local Company To Charter Shipping Vessels
Malaysia-Based Plastic Firm, WF Holdings Files For Nasdaq IPO
Special Financial Zone, Looks Promising: OCBC
Minetech Resources Rebrands As Aizo Group Berhad
Ringgit Breaks RM4.14 Mark Against US Dollar For First Time Since 2021
Tun Musa Appointed Chancellor For Distinguished National Honour
Did GISB Scam The Government For Funds?
RON97, Diesel Prices Remain Unchanged
Hong Kong's Hang Seng Soars Above 3% To New Record
Northeast Targets RM84 Million From Ace Market IPO
New Era For EV Care At Etiqa
Iskandar Set to Shine At Invest Malaysia 2024