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PETALING JAYA: The emergence of Singapore billionaire Peter Lim Eng Hock as the second biggest shareholder in TMC Life Sciences Bhd is unlikely to spur any change in fortunes any time soon in the loss-making fertility firm, according to analyst reports.
KUALA LUMPUR: Bank Negara has approved Pacific Orient Bhd (PO) starting preliminary negotiations with Prudential Holdings Ltd on the proposed divestment of an equity interest in its wholly-owned subsidiary, Pacific Orient Insurance Bhd (PO Insurance) to the latter.
PETALING JAYA: The potential merger between Pacific amp; Orient Insurance Co Bhd (Pamp;O Insurance) and Prudential Holdings Ltd is likely to result in mutual synergies, analysts said.
PETALING JAYA: PLUS Expressways Bhd's proposed disposal of its entire equity interest in PT Cimanggis Cibitung Tollways (CCTW) for 57.82bil rupiah (RM20.2mil) has failed to excite or impress analysts, who note that the move would have minimal impact on the toll operator's earnings.