Bio Osmo set to make a comeback with hotel business


Azrin: Looking at all indications and forward bookings, 2019 looks to be a better year ahead.

BIO Osmo Bhd is currently undergoing a corporate exercise as it sells its loss-making bottled drinking water business and later injecting the Impiana Group’s local hotel assets into the group.

The drinking water bottling business had bled the company for some nine years due to narrow margins.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 31
Cxense type: NA
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Moody’s: Sustainable bonds issuance to top US$850bil
Public Mutual declares gross distributions of RM235m for 13 funds
Central banks go big on gold buying
Earnings bounce, bond-yield drop help keep party going for US stocks
Bitcoin rallies past key $40,000
PBOC: China will maintain prudent, flexible monetary policy
Bank Rakyat launches entrepreneur programme
CPO futures seen trading with upward bias next week
As scrutiny mounts, crypto exchange Binance to wind down derivatives in Europe
Oil price climbs, notches fourth monthly gain on growing demand

Stories You'll Enjoy


Vouchers