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KUALA LUMPUR: MAA Group Bhd’s (MAAG) unit MAA International Assurance Ltd is increasing its equity interest in associate MAA General Assurance Philippines Inc and turning the general insurance firm into a subsidiary.
KUALA LUMPUR: Taliworks Corp Bhd, realigning its strategy to focus on mature operational cash-generating utilities and infrastructure businesses, is selling its entire China investments - including concessions to operate five wastewater treatment plants and a waste transfer facility - for US$54.6mil (RM230.4mil).
KUALA LUMPUR : Petronas Chemicals Bhd (Pchem) is set to record a better financial performance in 2016 as the strong US dollar is set to boost its overall earnings, says Maybank IB Research.