UPDATE 3-Rayonier Advanced Materials to buy Tembec in forest products push
* Tembec's shares surge nearly 38 pct, Rayonier up 10 pct (Adds CEO and analyst comments; updates shares)
Dec 22 Multi Usage Holdings Bhd
* Says retirement of Miss Ang Ai Way as executive director Source (bit.ly/2hWbymt) Further company coverage:
LONDON, May 25 Intesa Sanpaolo has launched the process to syndicate a loan it provided to Glencore and a Qatari sovereign wealth fund for their purchase of a 19.5 percent stake in Russia's Rosneft, banking sources said on Thursday.