KUALA LUMPUR (May 2): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday:
CIMB Group Holdings Bhd‘s (KL:CIMB) wholly owned CIMB Bank Bhd will buy 16 properties that it is currently leasing from the Employees Provident Fund Board (EPF) for RM209.81 million, cash. The properties are part of 24 properties that CIMB Bank has been leasing from the EPF under a sale and leaseback agreement dated Dec 30, 2009, which is set to expire on June 30…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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