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KUALA LUMPUR : DRB-Hicom Bhd’s disposal of its 90% equity interest in Corwin Holding Pte Ltd for SGD285.3mil (RM870mil) will help to unlock the value of non-core assets within the group, according to PublicInvest Research.
PETALING JAYA: WCT Bhd, which has proposed an internal reorganisation to separate its construction and property divisions, is aiming to grow its property business to be as signficant as its mainstay construction arm within five years.
KUALA LUMPUR: MMC Corp Bhd plans to further unlock the value of the company’s massive landbank, in excess of 4,500 acres located in Iskandar Malaysia, by strategically developing the land for industrial customers.
PETALING JAYA: Sime Darby Bhd may opt to demerge its plantation business while merging its property division under Permodalan Nasional Bhd’s (PNB) asset portfolio in a bid to create better value for existing shareholders, says UOBKayHian Research.
KUALA LUMPUR: Shares of Goh Ban Huat Bhd (GBH) advanced to a high of RM1.47 on Wednesday on rotational play of counters linked to the low-key Tan Sri Robert Tan Hua Choon as he seeks to unlock the values of some his listed companies.
JAKARTA: PT Telekomunikasi Indonesia Tbk (Telkom), Indonesia's biggest telecommunication operator, said it was reviewing options to “unlock value” in its tower business.