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PETALING JAYA: In what is seen as the first high-profile removal of the head of a government-linked company, Sime Darby Bhd's board of directors has asked its president and group chief executive Datuk Ahmad Zubir Murshid to take a leave of absence prior to the expiry of his contract on Nov 26, 2010.
KUALA LUMPUR: Asas Serba Sdn Bhd's plan to acquire all the toll highways in Malaysia is drawing scepticism from corporate analysts, who feel the price tag of RM50 billion is too costly, the deal too complex and raising funds may be a problem.
PETALING JAYA: Contractors with the relevant track record in the light rail transit (LRT) are expected to have a better chance to be the winners in the RM7bil LRT extension project in the Klang Valley.