Beijing: Fast-food giant McDonald’s Corp is increasing its minority stake substantially in its business in China to facilitate faster decision-making and exploit growth opportunities in its fastest-growing market. McDonald’s on Monday agreed to raise its stake from 20% to 48%. It will buy additional shares from global investment firm and its strategic partner Carlyle, which operates and...
IPOH: Investors from Penang are seeking to expand their business to Perak, says Mentri Besar Datuk Seri Saarani Mohamad (pic). He said among the locations targeted by these investors is the state's northern region. “Following the Automotive High Technology Valley (AHTV) project in Tanjung Malim, Silver Valley Technology Park in Ipoh, and the Lumut Maritime Industrial City...
PETALING JAYA: MR DIY Group Bhd is bullish on its long-term sustainable growth prospects, buoyed by steady development across all key metrics of the home improvement retailer. The group said this was evident as its strong value-price proposition was relevant and resonated with the value-conscious Malaysian customer, while continuing to eye opportunities for growth investments through...
