SHAH ALAM: Conglomerate UMW Holdings Bhd will list its oil and gas (O&G) division only when the division's earnings are stable enough to make it attractive to investors, said president and group chief executive officer Datuk Syed Hisham Syed Wazir.
He said the O&G unit, which had already obtained approval to be listed from the Securities Commission (SC), would return to the black this financial year ending December 31, 2011.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!