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A potential sale of its Indonesian plantations will help Sime Darby Plantation Bhd (SDP) tremendously in shoring up its balance sheet, which stands at a gearing level of 55% at present.
KUALA LUMPUR: Sime Darby Bhd is expected to receive RM63mil to RM76mil in special dividend as CP Group buys Tesco Malaysia
PETALING JAYA: Index-linked stocks tumbled to their near 52-week low, after oil prices crashed by more than 30%.
PETALING JAYA: Britain’s largest retailer Tesco Plc has given the green light to sell its business in Thailand and Malaysia to a combination of Thailand’s CP Group entities for an enterprise value (EV) of US$10.6bil (RM44.63bil or equivalent to £8.2bil).
KUALA LUMPUR: Tesco, Britain's biggest retailer, is selling its businesses in Thailand and Malaysia to Thailand's CP Group entities for an enterprise value of US$10.6bil.LONDON: Tesco, Britain's biggest retailer, said on Monday it had agreed to sell its businesses in Thailand and Malaysia to a combination of CP Group entities for an enterprise value of US$10.6bil.
PETALING JAYA: Sime Darby Bhd is cautious about its prospects for the second half of its financial year amid the worsening coronavirus disease (Covid-19) outbreak.
KUALA LUMPUR: Coming off improved core earnings in the first half of its 2020 financial year, Sime Darby Bhd remains cautious over its prospects amid the backdrop of the Covid-19 outbreak.
HOSPITAL accreditation has become increasingly significant in the healthcare industry to guarantee quality of medical care and patient safety.
IF anybody thought that the level of corruption in the public sector is bad – they are wrong. It’s worse in the private sector.
Tesco said that it was carrying out a strategic review of its Thai and Malaysian businesses after receiving interest. A sale of the Asian operations would allow the supermarket chain to get an infusion of cash to continue a restructuring of its core UK business that has cut thousands of jobs.