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KUALA LUMPUR: CIMB Equities Research is retaining its Add call for facilities management company AWC with a higher sum-of-parts based target price of RM1.19, after including its upgraded earnings forecasts.
KUALA LUMPUR: AWC Bhd, an integrated facilities management service provider, has been awarded an RM130mil contract from the Government for the maintenance of Terminal Bersepadu Selatan (TBS) in Bandar Tasik Selatan.
NEW YORK: If Twenty-First Century Fox succeeds in buying Time Warner Inc, it's likely to sell CNN and pay billions of dollars in taxes rather than go through the headaches of spinning the cable news channel off to shareholders of the merged company, according to people familiar with the matter.
THE focus of concern of my last column (Oct 5) was how to identify and best manage risk emanating from the great growth deceleration in emerging Asia in the face of “Abenomic” expansionary thrusts and threat of QE (quantitative easing) tapering by US Fed which resulted in a massive withdrawal of funds from Asian markets.
NEW YORK: In giving up on its magazine business, Time Warner Inc is set to hand its shareholders an operation that has shrinking sales and profits - and will be looking for a new chief executive.