UEM Edgenta’s Canada unit likely to do better in H2

PETALING JAYA: UEM Edgenta Bhd’s 61.2%-owned subsidiary, Opus International Consultants Ltd (OICL) is expecting its Canadian operation to achieve better performance in the second half of this year.

In a filing with Bursa Malaysia yesterday, OICL, which is listed on the New Zealand Stock Exchange, said that the softer market conditions in Canada coupled with the fall in oil and gas prices had negatively impacted the company’s financial performance.