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Top News In Seng Yip Furniture Sdn Bhd Today - Breaking & Trending Today

M&A in SYF Resources reverse takeover

M&A Securities Sdn Bhd is set to list on Bursa Malaysia via a reverse takeover of SYF Resources Bhd. ....

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Mieco to undertake private placement exercise

KUALA LUMPUR: Mieco Chipboard Bhd intends to undertake a fundraising exercise via a private placement, involving the issuance of new shares of up to 20 per cent of the total issued shares of the company to third-party investors to be identified later, at an issue price to be determined later. ....

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Insas to list M&A Securities via RTO of SYF Resources, valuing the stockbroker at 1.2 times book value

Insas Bhd is listing its stockbroking arm M & A Securities Sdn Bhd (M&A) via a reverse takeover of furniture maker SYF Resources Bhd. The securities firm is valued at RM222 million, representing a price-to-book valuation of 1.2 times which is generally higher than most banks listed on Bursa Malaysia and a price-to-earnings ratio of 11.8 times. ....

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