rubber

Strong domestic support, 10 cornerstones and one strategic investor are expected to get this deal across the line, despite the challenging market environment.

An undisclosed shareholder raises $352 million from the sale of its entire stake in Kumho Petrochemical a day after Kepco is forced to cut the size of its sell-down in Kepco E&C to just $87 million.

The Thai rubber producer overcomes a market sell-off to raise $262 million ahead of a dual listing in Singapore, but causes confusion with an erroneous statement saying the deal had been cancelled.

The success of Malaysia's rubber glove industry is no overnight phenomenon.