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TH GROUP Bhd managing director Lei Lin Thai may not speak the language of technology and life sciences, but he certainly has the foresight to recognise an industry that might be hailed as the next big thing.
News in brief on Southern Bank, Khazanah Nasional, AMMB Holdings and other firms.
BOUSTEAD Holdings Bhd has joined the growing list of parent corporations eager to convert their listed subsidiaries into wholly-owned entities.
TELEKOM Malaysia Bhd intends to maintain the listing status of Celcom (M) Bhd even though a full take-up rate of its mandatory general offer (MGO) for Celcom shares would give Telekom the option to take the cellular company private.
Today is a critical day for Celcom (M) Bhd, which is holding an EGM to seek shareholders' approval to buy TM Cellular Sdn Bhd, the mobile subsidiary of Telekom Malaysia Bhd.
HOVERING between the support and resistance of 36 sen and 57.5 sen respectively since early October last year, this speculative stock rebounded strongly from its downside support over the past several days.
THE United Engineers (M) Bhd (UEM)/Renong Bhd group unveils today its long-awaited restructuring plan aimed at putting the group on a stronger growth path.
The UEM-Renong Bhd group announced yesterday its long-awaited final restructuring plan, which will see Renong being taken private and the streamlining of core business units under a new company to help the group trim debts.
FOLLOWING intense speculation on what possible form the debt restructuring of the United Engineers (M) Bhd-Renong Bhd group would take; it appears as though all that pent-up excitement has, in a flash, been snuffed out.
THE UEM group has announced the transfer of Time dotCom Bhd executive director and chief executive officer B>Ahmad Pardas Senin/Bto United Engineers (M) Bhd and seconded him to Silterra Malaysia Sdn Bhd, a subsidiary of Khazanah Nasional Bhd, effective Tuesday, for an initial duration of two years.