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KUALA LUMPUR (Bernama) -- Cahya Mata Sarawak Bhd (CMS) expects to appoint an external consultant by the middle of this month to probe allegations of financial mismanagement in relation to its investments and operations.
Ridding appointments of active politicians is vital to enhance better board governance
ABU DHABI: Abu Dhabi National Oil Co (Adnoc) is close to hiring JPMorgan Chase & Co and First Abu Dhabi Bank PJSC to help arrange the potential listing of its drilling business, according to people familiar with the matter.
KUALA LUMPUR: On Friday, investor attention could be focused on Mah Sing, Top Glove, Vitrox, Eupe Corp, Vizione, United Plantations, Brahim's, Key Asic, Kamdar and YTL Corp, said JF Apex Research in its daily highlights report.
RIO DE JANEIRO: Petrobras board member Marcelo Gasparino has tendered his resignation, the state-run oil firm said on Friday, just four days after his election to the post, creating a potential eleventh-hour hurdle for its nearly complete management transition.
GEORGE TOWN: The Penang government has revised the master agreement (MA) on the Penang South Reclamation (PSR) project, with the RM3.8bil reclamation of Island A fully funded by the project delivery partner (PDP).
KUALA LUMPUR: Property developer Yong Tai Bhd has entered into a deal to undertake a gold mining project on a 100ha site in Lipis, Pahang.
KUALA LU MPUR: Yong Tai Bhd, a property developer, has entered into a deal to undertake a gold mining project on a 100 hectares site in Lipis, Pahang.
PARIS: The board of French food group Danone voted to oust Emmanuel Faber as chairman, Le Figaro newspaper reported, as the group tries to draw a line under a management crisis and growing pressure from shareholders.