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PETALING JAYA: Integrated facility manager and engineering contractor services provider UEM Edgenta Bhd has submitted a proposal to PLUS Malaysia Bhd seeking to maintain all of PLUS’ highways on a long-term basis.
UEM Edgenta Bhd, a company that provides manages fixed assets and infrastructure, would have a healthy cash balance sheet after the proposed sale of one of its key assets.
PETALING JAYA: Trade war fears between the United States and China are crushing sentiment and the markets, but UEM Edgenta Bhd is confident that it will record double-digit growth in profit this year.
PETALING JAYA: UEM Edgenta Bhd, a total asset solutions provider, is buying a Singapore-based facilities management company for S$185.9mil (RM563mil) cash.
PETALING JAYA: UEM Edgenta Bhd’s shares are staging a rebound after falling to a more than two-year low last week, as investors take advantage of their beaten-down valuations.
BASED on the share price, the market seems to be reacting positively on UEM Edgenta Bhd’s proposed acquisition of 80% stake in KFM Holdings Sdn Bhd for RM128mil.
LAST year, Dymon Asia Private Equity (Dape) exited Asia Integrated Facility Solutions Pte Ltd (AIFS) via a deal with UEM Edgenta Bhd.
PETALING JAYA: UEM Edgenta Bhd has declared a single-tier special dividend of 18 sen per share and a single-tier second interim dividend of five sen per share in respect of its financial year ended Dec 31, 2017 (FY17).
PETALING JAYA: UEM Edgenta Bhd is considering a one-off dividend payout after shareholders approved its plan to sell a subsidiary in New Zealand for cash, even as the company seeks to strengthen its balance sheet.
KUALA LUMPUR: UEM Edgenta Bhd has teamed up with Resource Data Management (RDM) UK's unit RDM Asia Sdn Bhd to set up and operate a private limited company in Malaysia with a paid-up capital of RM1mil.