KUALA LUMPUR: Naim Holdings Bhd (Naim) on June 28 signed a memorandum of understanding (MoU) with several parties in China and Sarawak to develop Panyu-Miri Smart Cities (PMSC), it announced to Bursa Malaysia on Tuesday, June 29.

KUALA LUMPUR: Mulpha International Bhd (MIB) on June 28 received the approval in principle to list its wholly owned subsidiary Manta Holdings Company Limited (MHCL) Group of Companies on The Stock Exchange of Hong Kong, it announced on Bursa Malaysia on Tuesday, June 29.

SHANGHAI: Chinese banks would see their bad loan ratios creep up in the next few years but it was unlikely that they would face a systemic crisis similar to that suffered by their Wall Street counterparts two years ago.

THE BUZZ

Kim Lun Corporation

Smallish Southern Play

Got Milk?

Another local contract

GEORGE TOWN: IJM Land Bhd’s Pearl Regency project, created mainly to attract Malaysia My Second Home (MM2H) investors, has seen an impressive take-up of over 40% by foreign buyers, mostly Koreans.