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INTAN Utilities Bhd has proposed a divestment of 30% equity interest in Metropolitan Utilities Corp Sdn Bhd to Compagnie Generale des Eaux SA for a cash consideration of RM36mil. Compagnie Generale is a wholly owned subsidiary of Vivendi Water SA which is a leading European provider of water and wastewater services.
WE'VE read books on the management of staff and subordinates, but managing our bosses? Ros Jay has just the answers for achieving this in her book How to Manage Your Boss - developing the perfect working relationship (Pearson).
Utama Banking Group Bhd (UBG) accepted the multi-billion ringgit bid from Kuwait Finance House (M) Bhd (KFH) yesterday but is now faced with a fresh RM8.75bil offer for the Rashid Hussain Bhd (RHB) group from EON Capital Bhd.
THE fall of many small and big cap stocks on Bursa Malaysia in late February - triggered mainly by the 'China factor' - had investors in jitters. Thankfully some blue chip stocks like YTL Corp Bhd, which were also affected, are beginning to buck the trend. Thankfully some blue chip stocks like YTL Corp Bhd, which were also affected, are beginning to buck the trend.
UEM World Bhd's proposed restructuring to better position the group for further growth has received positive response from analysts.
UEM Land Sdn Bhd, the property development subsidiary of UEM Group Bhd, will be listed in September in a restructuring exercise worth between RM2bil and RM3bil, while UEM World Bhd, the listed investment holding company of the group, will eventually be delisted.