KFM buy likely to help UEM Edgenta’s 2015 bottom line


PETALING JAYA: UEM Edgenta Bhd would be able to soften the blow to its earnings in 2015 from the lower contribution of its Sabah and Sarawak business with the recent acquisition of privately held facility management outfit KFM Holdings Sdn Bhd, according to MIDF Research.

It said that from this year onwards, Edgenta’s facility management business in Sabah and Sarawak would be reduced by RM300mil.

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Business , Edgenta , KFM , MIDF

   

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