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Japanese consumer credit company Orient Corp. will tie up with more than a dozen regional banks nationwide in October to expand its new loan business aimed at helping people buy empty houses, company officials said.
The collateral pool is comprised of receivables assets based in Japan, and several classes of the transaction will issue dollar-denominated notes.
PETALING JAYA: Freight Management Holdings Bhd has proposed to acquire three freight forwarding services companies in the United States for a total US$2.2mil (RM9mil) as part of its expansion initiatives into selective international markets.
Based on corporate announcements and news flow on Monday, companies in focus on Tuesday (Oct 5) may include Genting Bhd, Mesiniaga Bhd, Heineken Malaysia Bhd, Silver Ridge Holdings Bhd, SC Estate Builder Bhd, Ni Hsin Group Bhd, Freight Management Holdings Bhd, Jade Marvel Group Bhd, Rubberex Corp (M) Bhd, Sinmah Capital Bhd, Media Prima Bhd, Hibiscus Petroleum Bhd and Bertam Alliance Bhd.
Freight Management Holdings Bhd is buying three US-based freight forwarding services companies for a combined US$2.2 million (approximately RM9.2 million), as part of the group's expansion initiatives into selective international markets.