KUALA LUMPUR (July 12): Based on corporate announcements and news flow today, companies that may be in focus on Wednesday (July 13) could include: Vivocom, AirAsia, Berjaya Assets, MAHB, Harn Len and Ireka. The cash consideration for the proposed acquisition will be funded from borrowings of BAssets. Megaquest is involved in investment holding and operation of number forecast lotteries in Sarawak under the licence of Sarawak Turf Club via Natural Avenue Sdn Bhd. Berjaya Assets Bhd (BAssets) will acquire the remaining 50% in Megaquest Sdn Bhd for RM108 million, to fully control the company involved in lottery games in Sarawak. The construction outfit first announced the land acquisition deal, worth RM21.8 million in December 2014.

Source: The Edge Markets July 12, 2016 14:48 UTC