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Business

UEM’s RM128mil acquisition plan of KFM ‘fairly valued’

KUALA LUMPUR : The proposed RM128mil acquisition of KFM Holdings Sdn Bhd by UEM Edgenta Bhd appears fairly valued, as a substantial portion of the payments are conditional upon KFM achieving key targets over the next few years, said Hong Leong IB Research (HLIB Research).

Business

Breakfast Briefing: Wednesday, November 25

Breakfast briefing: Wednesday, November 25

Business

Can UEM Edgenta extract more value from KFM?

BASED on the share price, the market seems to be reacting positively on UEM Edgenta Bhd’s proposed acquisition of 80% stake in KFM Holdings Sdn Bhd for RM128mil.

Business

UEM Edgenta enters into agreement with KFM Holdings' shareholders

KUALA LUMPUR: UEM Edgenta Bhd, which has proposed to acquire an 80% equity stake in KFM Holdings Sdn Bhd for RM128mil cash, has entered into a shares sale agreement with KFM's controlling shareholders for the deal.

Business

Top foreign and local stories at 3.45pm

Top foreign and local stories at 3.45pm

Corporate News

Bursa highlights for Tues, Dec 15

Companies that made notable announcements on Tuesday included AmFirst REIT, Datasonic, Felda Global Ventures, Malakoff, Top Glove, UEM Edgenta, United Malacca and WCT.

Business

UEM Edgenta buys 80% stake in KFM for RM128mil

PETALING JAYA: UEM Edgenta Bhd is acquiring an 80% stake in integrated facilities management services company KFM Holdings Bhd for RM128mil, a deal that will expand its presence in Malaysia as well as reach into the United Arab Emirates (UAE).

Business

Trading ideas: Datasonic, WCT, and UEM Edgenta

KUALA LUMPUR: JF Apex Research expects Datasonic, WCT and UEM Edgenta are among stocks that could see trading interest on Wednesday following fresh corporate news from the day before.

Business

Breakfast briefing: Wednesday, December 16

Breakfast briefing: Wednesday, December 16

Business

UEM Edgenta wins RM109mil S'gor road maintenance contract

KUALA LUMPUR: UEM Edgenta Bhd has been awarded a five-year road maintenance contract by the Selangor Public Works Department worth RM109.06mil.