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MALAYSIA#039;S biggest car distributor EON, fresh from securing a new deal to sell Proton cars, said it expects tough times ahead as competition increases and consumers delay purchases.
The delisting of DMIB Bhd and the transfer of its listing status to Sime Engineering Services Bhd (SES) will be completed by end August, according to DMIB's independent non-executive director Tan Sri Mohd Ramli Kushairi.
LONG-TIME Malayan Cement Bhd chairman Tunku Tan Sri Abdullah Tuanku Abdul Rahman, who would in just over a month#039;s time retire as chairman of the company, will slowly relinquish positions held in the boards of directors in several other public-listed companies.
MALAYSIAN palm oil refineries will be able to compete on a #147;better playing field#148; with other oil seeds in India following the Indian government#039;s decision to reduce the tariff on refined, bleached and deodorised (RBD) palm oil and palm olein, said Malaysian Palm Oil Association (MPOA) chief executive M.R. Chandran.