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MUCH has been said of the recently-introduced Key Performance Index (KPI), but little is known of the potential impact of its implementation on the 40-odd Government-linked companies (GLCs) involved. Starting from today, I>StarBiz/Iwill examine some of these GLCs and look at what lies beyond the KPI-led exercise.
EVA Airways Corp., Taiwan's second largest airline, said Thursday it plans to raise between 4 billion New Taiwan dollars (US$121 million) and NT$5 billion (US$151 million) by the end of the third quarter to help cover its down payment on 15 Boeing Co. aircraft.
SUNWAY City Bhd (SunCity) will be reaping stronger earnings now that the group has refocused itself in its forte, property development, after the completion of its corporate restructuring and re-capitalisation exercise.
PROMINENT Mirage (M) Sdn Bhd, a wholly-owned subsidiary of Inch Kenneth Kajang Rubber Public Ltd Co (IKK), has entered into a conditional sale and purchase agreement (SPA) and a conditional leaseback arrangement for the lease of 11.344 acres of industrial land with office building in Mukim Serendah, Ulu Selangor from Concrete Engineering Products Bhd (Cepco) for RM14.875mil.
KNIGHT Frank Malaysia, which has established a strong presence in the local market, will be responsible for the marketing of Kuala Lumpur Golf Country Club#8217;s (KLGCC) upcoming residential property project comprising 128 upmarket resort villas.