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KUB plans to dispose of A&W PJ land

KLANG: KUB Malaysia Bhd’s plan to dispose its fast food chain business, A and W Malaysia Sdn Bhd will be completed by month-end, and the diversified group is also likely to sell the 0.42 hectare plot of land of its iconic A&W outlet in Petaling Jaya.

Shahril appointed as Khazanah MD

KUALA LUMPUR: Khazanah Nasional Bhd has appointed Datuk Shahril Ridza Ridzuan as managing director succeeding Tan Sri Azman Mokhtar.

UEM Sunrise maintains RM1.2bil FY18 sales target

KUALA LUMPUR: UEM Sunrise Bhd is maintaining its RM1.2 billion sales target at RM1.2 billion for the financial year ending Dec 31, 2018, partly supported by the improved buying sentiment following the 14th general election (GE14) on May 9.

Axiata said to be eyeing stake in Indonesia's Link Net

KUALA LUMPUR: Axiata Group Bhd is considering acquiring a stake in PT Link Net, the Indonesian internet provider backed by CVC Capital Partners, according to people with knowledge of the matter.

Pasdec minorities advised to reject takeover offer

KUALA LUMPUR: Pasdec Holdings Bhd's minority shareholders have been advised to reject a takeover offer from its major shareholder Datuk Seri Tew Kim Thin as the offer price of 52.5 sen was “not fair” and “not reasonbable”.

T7 Global forms SPV partnership for subsea engineering services

KUALA LUMPUR: T7 Global Bhd's unit is partnering Hong Kong's DIV Diving Engineering Company Ltd and Singapore's Conerstore Offshore Pte Lrd to carry out underwater subsea engineering services for Malaysia's oil and gas industry.

Bursa warns Versatile Creative of suspension on Aug 8

KUALA LUMPUR: Bursa Malaysia Securities has warned Versatile Creative Bhd that trading in the company's securities will be suspended from Aug 8 after it failed to submit the annual report (AR) for FY March 2018.

MY EG Services cut to Hold after share price rally

KUALA LUMPUR: UOB Kay Hian Malaysia Research has downgraded MY E.G. Services to Hold as the share price rallied 47% in the past month and increase its target price to RM1.27 as it rolls forward its valuation to 2019. Entry price: RM1.14.

Asia stocks restrained, US$ at 2-week high

TOKYO: Asian stocks were steady on Friday, with gains from the tech-led rise on Wall Street capped by the latest exchange of trade threats between Beijing and Washington, while safehaven flows lifted the dollar to a two-week high

Grab raises US$1bil to expand in Indonesia

SINGAPORE: Singapore-based Grab said it has secured US$1bil in fresh funding and will consider raising further cash, as the ride-hailing firm aggressively expands in Indonesia, South-East Asia’s biggest economy.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.