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Business 29 Jun 2019 | 12:00 AM

PLUS appoints new chairman

PETALING JAYA: PLUS Malaysia Bhd has appointed Datuk Mohamad Nasir Ab Latif its chairman effective June 27.

Business 29 Jun 2019 | 12:00 AM Premium

Affin to unlock value via AHAM listing

Affin Bank Bhd is looking to list its 70%-owned subsidiary, Affin Hwang Asset Management (AHAM), as a way to unlock value in one of its most profitable subsidiaries.

Business 29 Jun 2019 | 12:00 AM Premium

UWC ramps up capacity to meet demand from healthcare sector

Integrated engineering support services provider UWC Bhd is riding on the wave of Internet of Things (IoT), 5G wireless broadband technology as well as the Internet of Medical Things (IoMT) as the group sees growth opportunities from these areas.

Business 29 Jun 2019 | 12:00 AM Premium

Focus on directors’ fees

Corporates on Bursa Malaysia have seen a cut in director’s remuneration but the decision by shareholders of FGV Holdings Bhd to reject resolutions approving the payment of fees to the company’s directors is seen as unprecedented.

Business 29 Jun 2019 | 12:00 AM Premium

Institutional shareholders flex their muscles

Shareholders, especially institutional ones, are beginning to flex their muscles on the remuneration of boards of directors – something quite rare in corporate Malaysia previously.

Business 29 Jun 2019 | 12:00 AM

Short Position

TAN Sri Megat Zaharuddin Megat Mohd Nor lasted only 11 months as chairman of the Federal Land Development Authority (Felda). He was roped in to improve the governance in Felda and resolve its cash-flow problems.

Business 29 Jun 2019 | 12:00 AM

What will happen to PLUS?

IN the developing highway saga, the billion-dollar question is what will happen to PLUS – also known as the North-South Expressway (NSE) – in light of the government’s attempt to abolish toll roads?

Business 29 Jun 2019 | 12:00 AM

Consultants appointed for HSR project

PETALING JAYA: MyHSR Corp Sdn Bhd has appointed Minconsult Sdn Bhd and Ernst & Young as the technical advisory consultant (TAC) and commercial advisory consultant (CAC) respectively for the Kuala Lumpur-Singapore high speed rail (HSR) project.

Business 29 Jun 2019 | 12:00 AM

Unmasking the FGV remuneration saga

Comment by Lya Rahman THE recent freeze on the remuneration payout of FGV Holdings Bhd (FGV) directors by its three major and substantial shareholders especially Felda – while is understandable from the perspective of financial performance – also has that tinge of irony resembling “a father/mother disciplining his/her child in public”.