KUALA LUMPUR, Jan 29 (Bernama) -- Multi-Color Corporation (MCC) has commenced its prepackaged Chapter 11 process in the United States Bankruptcy Court for the District of New Jersey to implement a previously announced restructuring support agreement (RSA) aimed at resetting its balance sheet and positioning the company for long-term growth and investment.
KUALA LUMPUR, Jan 28 (Bernama) -- Multi-Color Corporation (MCC), a global leader in prime label solutions, has entered into a restructuring support agreement (RSA) with holders of approximately 70 per cent of its secured first-lien debt and its equity sponsor, Clayton, Dubilier & Rice (CD&R), as part of a comprehensive financial restructuring.
KUALA LUMPUR, Dec 4 (Bernama) -- Paragon Globe Bhd‘s wholly owned unit PGB Landmark Sdn Bhd planned to sell a parcel of freehold land in Tanjung Kupang, Johor for RM64.47 million to GSP Automotive Malaysia Sdn Bhd.
KUALA LUMPUR, Aug 20 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly-owned subsidiary Kangsar Corporation Pte Ltd has entered into a memorandum of agreement to acquire a vessel MV Moana BAQ for a cash consideration of US$13.25 million (RM55.95 million).
KUALA LUMPUR, July 13 (Bernama) -- The ASEAN Plus Three (APT) countries have reaffirmed their strong commitment to deepening regional economic integration and maintaining a rules-based multilateral trading system, amid escalating global economic and trade uncertainties.
KUALA LUMPUR, June 17 (Bernama) -- Mavenir, a cloud-native network infrastructure provider, and its existing investor Siris have signed a comprehensive recapitalisation agreement with Mavenir’s lenders to significantly enhance the company’s financial foundation.
KUALA LUMPUR, May 5 (Bernama) -- Malaysia-based technology company Nuren Group Ltd (Nuren) plans to list on the Nasdaq Stock Exchange in the United States (US).
KUALA LUMPUR, May 2 (Bernama) -- Capital A Bhd is actively exploring a potential listing on the Hong Kong Stock Exchange (HKEX) as part of its strategy to broaden access to global capital markets and position its ecosystem of digital and aviation services businesses for the next phase of growth.
KUALA LUMPUR, April 17 (Bernama) -- Widad Group Bhd’s wholly-owned subsidiary, Widad Development (Nilai) Sdn Bhd, has signed a conditional sale and purchase agreement with Guper Bonded Warehouse Sdn Bhd to acquire four adjacent parcels of freehold industrial land valued at RM31.30 million.
KUALA LUMPUR, April 10 (Bernama) – West River Bhd, a provider of mechanical and electrical (M&E) engineering services, has launched its prospectus in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd scheduled on May 5, 2025.
KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.
KUALA LUMPUR, March 27 (Bernama) -- European credit specialist AlbaCore Capital Group (AlbaCore) has launched its new Senior Direct Lending Strategy (the Strategy), having secured anchor investments from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank).
