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KUALA LUMPUR: Berjaya Corp Bhd (BCorp) has offered its shareholders stakes in Hong Kong-listed Cosway Corp Ltd at no extra cost under a plan to implement a restricted offer for sale (ROS) and cash dividend payout.
WE'VE read books on the management of staff and subordinates, but managing our bosses? Ros Jay has just the answers for achieving this in her book How to Manage Your Boss - developing the perfect working relationship (Pearson).
PUTRAJAYA: The proposed listing and demerger of IOI Properties Bhd from IOI Corp Bhd will create one of the country's largest property companies with a net asset size of RM14.67bil, delivering average operating profits of RM1bil per year over the next three years, driven by its Singapore and China developments.
KUALA LUMPUR: The managers of 11 Malaysian real estate investment trusts (REITs) on Monday endorsed the formation of the Malaysian REIT Managers Association (M-REITMA) which will be completed once given the go-ahead by the Registrar of Societies (ROS).
Utama Banking Group Bhd (UBG) accepted the multi-billion ringgit bid from Kuwait Finance House (M) Bhd (KFH) yesterday but is now faced with a fresh RM8.75bil offer for the Rashid Hussain Bhd (RHB) group from EON Capital Bhd.
UEM Land Sdn Bhd, the property development subsidiary of UEM Group Bhd, will be listed in September in a restructuring exercise worth between RM2bil and RM3bil, while UEM World Bhd, the listed investment holding company of the group, will eventually be delisted.