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UEM-Renong finalises revamp
The UEM-Renong Bhd group announced yesterday its long-awaited final restructuring plan, which will see Renong being taken private and the streamlining of core business units under a new company to help the group trim debts.
Sime Darby to sell hospital in bidding process
SIME Darby Bhd#039;s wholly-owned subsidiary, SD Holdings Bhd, has proposed to dispose of its hospital #150; Subang Jaya Medical Centre (SJMC) #150; and its one share in Medical Staff Services Sdn Bhd (MSS) for cash, in a bidding process.
UEM-Renong revamp draws mixed reaction from investors
The UEM-Renong group#039;s announcement of its final restructuring plan drew mixed reaction from investors yesterday. In its heyday, an announcement by the group would have boosted sentiment on the KLSE, but Thursday#039;s news failed to even lift the share prices of most companies within the new UEM Group.
Renong revamp : The good and bad
FOLLOWING intense speculation on what possible form the debt restructuring of the United Engineers (M) Bhd-Renong Bhd group would take; it appears as though all that pent-up excitement has, in a flash, been snuffed out.
Siemens sees lower volume
SIEMENS AG is anticipating a decline in business volume this year but will continue to strive to increase profitability and achieve the company#039;s targeted margins, said its executive vice-president Prof Klaus Wucherer.
Probiotics to the fore
The health benefits of probiotics were known thousands of years ago in countries of the Middle East where fermented milk was consumed for digestive upsets. Eli Metchnikoff, the 1908 Nobel Prize winner for his work on the immune system, suggested that people should consume sour milk to slow down the process of ageing.
Full alert against the deadly bug
Violation of quarantine carries a heavy fine and possible jail in Singapore. It is aimed at combating a mystery deadly bug that has killed two and afflicted 74 Singaporeans, 10 of them seriously. SEAH CHIANG NEE has the details.
Event to highlight the plight of Iraqi child victims
The Malaysian Humanitarian Relief for the People of Iraq (Help-Iraq) will organise a gathering of children here next month to show support for Iraqi child victims.
Rise in sales of herbal medicine
B>SINGAPORE:/BFear and confusion over the killer virus which has left more than 60 people dead and 1,700 infected worldwide are boosting sales of traditional medicine and vitamins in East Asia.
Noble suggests setting up of IMT-GT consulting group
SELANGOR-BASED consultant Noble Nexus Sdn Bhd has proposed the setting up of Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) consulting group to ensure that all projects are successfully implemented and at-tain the desired investment returns.
