Gurmeet Kaur

Recent and archived articles by Gurmeet Kaur

18 Jun 2019 | 7:00 AM

Can-One’s gearing levels to come down following sale of creamer ops

PETALING JAYA: Can-One Bhd’s gearing level is expected to come down as the company plans to repay RM750mil of its debt following the sale of its creamer segment, F&B Nutrition Sdn Bhd.

The research house also noted that historically, the creamer segment has been more profitable compared to the general packaging business.
15 Jun 2019 | 7:00 AM

Nor Shamsiah takes challenges in stride

IT is a pleasant surprise when Bank Negara governor Datuk Nor Shamsiah Mohd Yunus walks in the room for this exclusive interview with StarBizWeek – her first since taking over the top job at the central bank.

14 Jun 2019 | 7:00 AM

More protection for Malaysian consumers

PETALING JAYA: In order to ensure that consumers are protected and treated fairly, Bank Negara is working with a number of ministries to make the Consumer Credit Act law soon.

Shamsiah (second from right) during the exclusive interview with StarBiz. – FAIHAN GHANI/The Star.
8 Jun 2019 | 7:00 AM

Canning the fat: Can-One hives off food division

Low-profile entrepreneur-owner Yeoh Jin Hoe has a knack for mergers and acquisitions that is almost unparalleled in the market.

1 Jun 2019 | 7:00 AM

Liquidity risk still hovers over Bumi Armada

BUMI Armada Bhd’s tight liquidity situation is seen as a setback for the company in expanding its business and taking on new contracts.

28 May 2019 | 7:00 AM

Bumi Armada posts higher net profit on lower costs

PETALING JAYA: Bumi Armada kicked off financial year 2019 (FY19) with a 28.5% increase in net profit to RM62.21mil for the first quarter ended March 31.

20 May 2019 | 7:00 AM

Direct entry by Petronas Chemicals into silicone business

PETALING JAYA: Petronas Chemicals Group Bhd’s (PetChem) acquisition of Dutch firm Da Vinci Group BV gives it immediate entry into the growing silicone business and will allow it to command higher and more stable profit margins.

13 May 2019 | 7:00 AM

Businessman Wan Khalik says he is not 'fronting' for anyone

PETALING JAYA: Wan Khalik Wan Muhammad, who catapulted into the corporate scene with substantial stakes in DWL Resources Bhd and G3 Global Bhd recently, says he was not fronting for anyone when he bought into the companies.

4 May 2019 | 7:00 AM

YTL cements its position

YTL Corp Bhd’s acquisition of a 51% controlling stake in Lafarge Malaysia Bhd has lit up an otherwise dreary merger and acquisition scene in Malaysia.

4 May 2019 | 7:00 AM

MyCC says merger doesn’t need its clearance

WHILE there have been concerns that YTL Cement Bhd’s acquisition of Lafarge Malaysia Bhd may breach competition laws in the country, the competition watchdog says that it is not in a position to stop such mergers and acquisitions (M&As) from taking place.