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MONTREAL, Sept. 16 (Xinhua) -- Montreal-based Bombardier announced Wednesday that it has signed a definitive agreement for the sale of its rail unit to French train giant Alstom at a lowered price from a memorandum of understanding between the two companies earlier this year.
Port Klang Free Zone (PKFZ), once accursed as a ‘ghost town’ shunned by investors, is now thriving with industrial and commercial activities.
KUALA LUMPUR: Malakoff Corp Bhd’s (Malakoff) net profit jumped 101% to RM104.95mil in the second quarter ended June 30 from RM52.25mil a year ago mainly driven by higher contribution from its newly acquired subsidiary, Alam Flora Sdn Bhd as well as Tanjung Bin Energy Sdn Bhd (TBE)
The project entails an investment of US$4bil
LONDON: French train maker Alstom SA confirmed it’s in discussions to acquire the rail business of Bombardier Inc in a fresh attempt to bulk up against Chinese competition.
Many businesses still unprepared for Section 17A to come into force on June 1
IT is no secret that corruption and bribery is rampant in the corporate world. Across the globe, many corporations have offered – and continue to offer – some form of payment in return for contracts or favours from government or other companies.
IF anybody thought that the level of corruption in the public sector is bad – they are wrong. It’s worse in the private sector.