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SEREMBAN: The Baerlocher Group of Companies, one of the world’s top producers of additives for the plastics industry, expects its Malaysian operations to register a marginally higher turnover of RM220mil this year despite a slowdown in the global economy and challenges facing the industry.Group chief executive officer Arne Schulle said
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.
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.
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.
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.
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.
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”.