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SMR Technologies Bhd's (SMRTech) 25% associate company US-based Smartha Inc plans to 'remain private' only for the next 24 months, said Smartha co-founder and chief executive officer Dr Venkata Majeti. He said shareholders of the newly formed joint-venture company had considered public offering, sale and merger as the main options aimed at unlocking Smartha's fair value.
LONDON (Reuters) - How much is your DNA worth? As millions of people pay for home tests to check on ancestry or health risks, genetic data is becoming an increasingly valuable resource for drugmakers, triggering a race to create a DNA marketplace.
KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) will be selling some of its buildings in KL Sentral once it achieves a reasonable amount of yield in order to have strong operating profits.
AXIATA Group Bhd, the blue-chip regional telecommunications giant, has seen its market capitalisation shrink from RM40bil last year to RM29.34bil currently.
KUALA LUMPUR: Malaysia’s largest plantation company, Felda Global Ventures Holdings Bhd (FGV), is exploring options to unlock the value of its logistics arm by injecting the division into either a listed or unlisted entity.
KUALA LUMPUR: CIMB Equities Research keeps Sime Darby on its Add list with a higher sum-of-parts target price of RM9.80 due to its plans to unlock value and its better earnings prospects in view of higher crude palm oil (CPO) and coal prices in the future quarters.
PETALING JAYA: SapuraKencana Petroleum Bhd’s (SapKen) securement of total contracts worth about RM1.34bil (US$300mil) is a re-rating catalyst that could unlock value and improve its earnings going forward.