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Business 16 Feb 2008 | 12:00 AM

UEM Land listing in September

UEM Land Sdn Bhd, the property development subsidiary of UEM Group Bhd, will be listed in September in a restructuring exercise worth between RM2bil and RM3bil, while UEM World Bhd, the listed investment holding company of the group, will eventually be delisted.

Business 29 Apr 2008 | 12:00 AM

Lukewarm TMI debut

TM International Bhd (TMI) got off to a less than auspicious start on its listing on Bursa Malaysia yesterday but that did not take away from the optimism its directors have in the future of the company.

Business 08 Sep 2008 | 12:00 AM

Kulim plans REITs, unit IPO

KULIM (M) Bhd will be looking at plantation REITs (real estate investment trusts) and a separate listing for its plantation unit as part of its effort to unlock the value of the group's diversified portfolio.

Business 30 Dec 2008 | 12:00 AM

TM International sees silver lining amid crisis

TM International Bhd president and group chief executive officer Datuk Seri Jamaludin Ibrahim expects growth to be slightly lower than originally forecast. He, however, remains cautiously optimistic and sees interesting opportunities ahead

Business 22 Dec 2009 | 12:00 AM

Hong Leong Bank-EON Cap merger will create Malaysia’s 4th largest bank

PETALING JAYA: Two major shareholders of EON Capital Bhd (EON Cap) - Singaporean Rin Kei Mei through Kualapura Sdn Bhd and Lintang Emas Sdn Bhd, and the Tiong group through RH Development Sdn Bhd - have received the green light from Bank Negara to negotiate the sale of their stakes in the banking group.

Business 09 Apr 2010 | 12:00 AM

Petronas reveals units to be listed

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) named its petrochemical business and Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) as the two companies it will list on Bursa Malaysia by year-end.

Nation 24 May 2010 | 12:00 AM

Govt wants to unlock value of federal assets

PETALING JAYA: Malaysia's move to create strategic real estate development will enable the country to attract more foreign business and investment opportunities, said Datuk Seri Najib Tun Razak.

Business 30 Jul 2010 | 12:00 AM

Tycoon Ananda may announce buyout of power and gaming company today

PETALING JAYA: Will he or won't he? The market is abuzz that Tanjong plc's major announcement today will involve substantial shareholder T. Ananda Krishnan proposing totake the power and gaming company private, just two days after the tycoon announced a similar exercise for Measat Global Bhd.

Business 09 Aug 2010 | 12:00 AM

Asset-backed securities expected back in bond market

PETALING JAYA: Asset-backed securities (ABS) are expected to make a comeback in the local bond market as the economy recovers and investor sentiment improves, industry players said.

Business 03 Sep 2010 | 12:00 AM

UMW to beef up O&G division

SHAH ALAM: UMW Holdings Bhd is looking at consolidating its oil and gas (OG) division and may consider mergers and acquisitions again only after a year or so, according to president and group chief executive officer Datuk Abdul Halim Harun.