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PETALING JAYA: Impiana Hotels Bhd, formerly known as Bio Osmo Bhd, has appointed Datuk Seri Ismail@Farouk Abdullah its executive chairman effective yesterday..
KUALA LUMPUR: Bio Osmo Bhd will soon be known as Impiana Hotels Bhd upon the completion of its proposed acquisitions and injection of the Impiana Group hotel assets into the company.
BIO Osmo Bhd is undertaking a corporate exercise as it sells its loss-making bottled drinking water business and later injecting the Impiana Group’s local hotel assets into the group.
PETALING JAYA: Bio Osmo Bhd will exit its loss-making bottled drinking water business following the disposal of its wholly owned subsidiary Amshore Holdings Sdn Bhd for RM2.5mil.
KUALA LUMPUR: Bio Osmo Bhd, Kerjaya Prospek Group Bhd, Dolphin International Bhd, Malakoff Corp Bhd, MMS Venture Bhd and Rex Industry Bhd are among the stocks to watch, according to JF Apex Research.
KUALA LUMPUR: Datuk Seri Farouk Abdullah, who emerged as a substantial shareholder in Bio Osmo Bhd in April last year, is injecting his Impiana hotel business in Malaysia into the loss making company in a bid to turn it around.