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IT'S not just finger-licking fried chicken that KFC Holdings (M) Bhd serves up in Malaysia. You can always count on it for a good corporate story. Every now and then, some parties will start fighting for control over it, or more accurately, for the free cash flows the retailer churns out.
FOUR months before his official retirement as the president and chief executive officer of Johor Corp (JCorp), Tan Sri Muhammad Ali Hashim, 63, sprang a surprise by announcing his immediate resignation - at the company's board meeting, which he reportedly walked out, in July 2010.
PETALING JAYA: The rumoured privatisation of Kulim (M) Bhd by parent company Johor Corp (JCorp) may be a tough feat to pull off considering JCorp's large debt, said analysts. Parties familiar with the situation also said that it is unlikely that JCorp would privatise Kulim.
PETALING JAYA: Johor Corp (JCorp) has finally appointed its new chief executive officer but its decision to pick acting CEO Kamaruzzaman Abu Kassim for the post has surprised those familiar with the situation.