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The buyer is a consortium of Hong Kong investors and Chinese buyers led by Beijing-based China Energy Reserve & Chemicals Group, sources said. (5-1)
The company, which owns the Mecca bingo chain, was once one of Britain's biggest firms but has had to adapt to market changes.
· Challenging UK retail environment led to a 1% fall in like-for-like venues revenue, but with improved underlying key performance indicators in the second half
· Adjusted earnings per share of 7.4p for the year ended 31 March 2017 (7.0p: 31 March 2016)*
Trend started with Principal Financial Group’s acquisition of Dao Heng Fund Management from the Guoco Group in 2004
Sound of success: Eco World International Bhd executive vice chairman Tan Sri Liew Kee Sin (third from left) hitting the gong at the listing ceremony of the company. Joining him is chairman Tan Sri Azlan Mohd Zainol (second from right). Looking on are Bursa Malaysia CEO Datuk Tajuddin Atan (left) and Teow (right).
KUALA LUMPUR (April 3): Based on corporate announcements and news flow today, stocks that may be in focus on Tuesday (April 4) may include: Eco World International Bhd, Tenaga Nasional Bhd, Felda Global Ventures Holdings Bhd, Yinson Holdings Bhd, GHL Systems Bhd, CCM Duopharma Biotech Bhd, Kelington Group Bhd, MMC Corporation Bhd and Alam Maritim Resources Bhd
6 TAN SRI LAU CHO KUN @ LAU YU CHAK Flagship: Hap Seng Consolidated Bhd Net worth: RM16bil
"The first half of the Group's financial year has seen challenging trading conditions for both our retail casino and bingo businesses, with strong comparable figures in the previous year. That being said, both businesses showed a year-on-year improvement from quarter to quarter. Our digital business continues to grow strongly and there remains significant potential for this channel as we deliver improvements in H2.
Sales of top quality commercial buildings costing multi-billions of Hong Kong dollars are expected to fall this year as Beijing’s tightened capital controls could stall mainland corporates acquiring overseas assets.
MarketWrap: Major US stock indexes climbed again on Thursday and set fresh record highs as a month-long rally following the presidential election of Donald Trump rolled on. Investors have driven up equities since Trump's Nov 8 election over optimism about domestic economic stimulus and reduced corporate taxes and regulations. - Reuters The DJIA rose 65.19 points, or 0.33%, to 19,614.81, the S&P 500 gained 4.
[NEW YORK] Elliott Management Corp's attempts to weaken the Li family's hold over Bank of East Asia Ltd face their first public test at the lender's annual shareholder meeting on Friday. Analysts say it's a battle the hedge-fund firm can't win.