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April, 30, 2016

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Business > Asia > Malaysia
KBB Resources BHD, one of the big players in Malaysia's vermicelli market, has inked a proposal to acquire 10 percent of China-based World Granary Holding Ltd. (Tianxia) for 21 million ringgit (US$6.83 million) via a share swap.
 
The Malaysian equity market is expected to outperform the emerging Asian markets as price-to-book valuations are relatively low despite the sterling economic growth the country has seen last year, says an economist.
 
Malaysia's nuclear power plans will be delayed by the pall over the industry from Japan's atomic disaster, along with domestic anger at a controversial rare earths plant, an official said Tuesday.
 
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