2014.2
Can’t see concentrate export permits until March: Indonesia
Indonesia does not expect to approve any export permits for mineral concentrates until next month at the earliest, a senior government official said on Monday, keeping one of the world’s biggest mining industries at a standstill.
Al-Hadharah delists ahead of plantation IPO
Al-Hadharah Boustead REIT, one of four Islamic real estate investment trusts on Malaysia’s stock exchange, will be delisted on Wednesday ahead of a bigger initial public offer of shares planned by its main shareholder.
Petronas eyes investment in YPF’s Argentina shale field
Argentine state-run oil company YPF said Tuesday that it had signed a memorandum of understanding for Malaysian energy company Petronas to invest in its massive Vaca Muerte shale formation.
1MDB to sell $729 mln sukuk for Bandar Malaysia relocation
Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB) plans to sell 2.4 billion ringgit ($728.49 million) worth of Islamic bonds to finance the relocation of defence units from land marked for government development project Bandar Malaysia.
Seek to buy Jobstreet’s online ops for $524 mln
Seek Ltd, which runs Australia’s biggest online job ads site by number of clicks, on Wednesday said it will buy the online employment businesses of Malaysian associate Jobstreet Corp Bhd for 1.73 billion ringgit ($523.69 million).
Navigat creates blueprint for future Myanmar power deals
A subsidiary of Singapore-based Navigat Group said on Monday it had begun supplying power under a purchasing agreement that will be the template for future deals by Myanmar, which has one of the lowest electrification rates in Asia.
NDRC confirms probe of Qualcomm, InterDigital
China’s National Development and Reform Commission (NDRC) confirmed on Wednesday it had launched anti-monopoly investigations into US technology firms Qualcomm and InterDigital.
China relaxes capital requirements for some firms to cut red tape
China has relaxed capital requirements for companies in some sectors as part of broader efforts to cut red tape and lower the cost of starting businesses, according to a document issued by the State Council late on Tuesday.
General Mills shopping for food deals in emerging markets
U.S. packaged foods group General Mills is looking to expand its business in faster-growing emerging markets, it said on Tuesday, as growth in its home market remains weak.
Court clears Fisker’s sale to Wanxiang
A unit of China’s Wanxiang Group received U.S. bankruptcy court approval on Tuesday to buy the assets of Fisker Automotive, a defunct manufacturer of plug-in hybrid sports cars that was funded in part with a U.S. government loan.