Shareholders will be able to vote for or against the Broadcom nominees at an annual meeting on March 6. The deal would be worth as much as 3.5 billion rand (US$256mil), or about 20% of Engen’s equity value, they said. “This is to rebalance the company’s investment portfolios, as it had invested substantially in downstream businesses over the past few years,” he said. AmanahRaya said the proposed acquisitions are conditional on a leaseback agreement with QSR Stores Sdn Bhd and Pizza Hut Restaurants Sdn Bhd. - StarBizSarawak to set up digital village in Samajaya: The Sarawak government will set up a digital village in Samajaya Free Industrial Zone, which will cater to high-tech industries.

Source: The Star December 05, 2017 00:56 UTC