Malaysia Pulse delivers breaking news, politics, business, sports and lifestyle coverage from Malaysia and Southeast Asia — trusted, timely and independent.
Malaysia's MISC has confirmed discussions with Yinson Holdings on a potential privatisation proposal valued at RM2.35 per share. The scheme remains preliminary and requires multiple regulatory and shareholder approvals before proceeding.
Allrich Corp and Richard Holdings Ltd, controlling nearly 75% of fastener maker Tong Herr, have proposed privatisation at RM2.55 per share—a significant premium reflecting the company's minimal trading activity.
FIFA President Gianni Infantino has abandoned a controversial plan to sell more than 20% of a US$20 billion World Cup subsidiary to private investors, citing irreconcilable divisions within the football community.