KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Public Bank Bhd
’s conditional mandatory takeover offer for the remaining shares of insurer LPI Capital Bhd that it does not own has lapsed, after it failed to secure sufficient acceptances by the close of the offer on Thursday.
Gamuda Land, the property arm of Gamuda Bhd, plans to invest RM7.1bn over the next five years in Vietnam, with a targeted gross development value of RM14.3bn.
Dialog Group Bhd has secured the final investment decision for the field development and abandonment plan under the Baram Junior Cluster Small Field Asset Production Sharing Contract, amounting to US$235mn.
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