THE UEM-Renong Bhd's group-wide restructuring exercise will be completed by November, two months behind the scheduled September deadline set when the plan was first unveiled in March.
Its chief executive officer Abdul Wahid Omar, nevertheless said the scheme, which involved a major overhaul of the group into four operational units – engineering and construction, healthcare, environmental services, and property – and the listing of a new company, UEM World Bhd, in place of Renong Bhd that will be taken private - was still on track.
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