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PNB’s Silk challenge

21 January 2017

After two attempts by Silk to dispose of the highway, PNB is the third party to come into the picture.

Wahid to unlock value in Sime Darby and UMW

21 January 2017

Permodalan Nasional Bhd (PNB) will implement more major changes to its two top holdings – Sime Darby Bhd and UMW Holdings Bhd – as part of it long-term strategy to unlock value and monetise the assets of both conglomerates, sources tell StarBizWeek.

Short Position

21 January 2017

QUITE a bit has happened in the stable of companies under Permodalan Nasional Bhd (PNB) since Tan Sri Abdul Wahid Omar took over on Aug 1 last year, the latest being the series of exercises involving UMW Holdings Bhd and its listed subsidiary UMW Oil and Gas Corp Bhd (UMW-OG), both PNB-related companies, and Ekuiti Nasional Bhd (Ekuinas) and its controlling stake in Icon Offshore Bhd as well as the sale of Orkim Sdn Bhd, which is owned by Ekuinas.

Welcoming good luck and prosperity

21 January 2017

EXCITEMENT filled the penthouse of Wisma Mah Sing when Star Media Group Berhad made a visit to Mah Sing Group to usher in the Year of the Fire Rooster.

What’s in store at WCT?

21 January 2017

THE decision by WCT Holdings Bhd to carry out a private placement exercise so soon after a major shareholding change in the company has raised eyebrows.

Preening for a glorious celebration

21 January 2017

A CRIMSON tide of auspiciousness has Penang in its vibrant embrace, heralding the arrival of Chinese New Year and the reign of a new zodiac animal.

Ann Joo’s baptism of fire

21 January 2017

After a tough three-year period that saw steel mills go belly up, Ann Joo’s Lim reveals why his company emerges stronger

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