Short Position - Johor Corp restructuring, Top Glove, digitil isation

Corporate moves: Customers waiting in line to order at a KFC outlet in Petaling Jaya. In the past, JCorp had been mulling to re-list QSR Brands, which owns KFC.

Johor Corp restructuring

JOHOR Corp (JCorp) is said to be in the midst of a full-scale restructuring. It would be a timely and potentially necessary move for the state investment arm of Johor.

As StarBizWeek has highlighted this week, large corporations are being nudged to reorganise themselves in light of the economic distress brought about by the Covid-19 pandemic. It is a wake-up call for organisations to future-proof themselves and address environmental, governance and sustainability issues.