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Permodalan Nasional Bhd (PNB), the country’s largest fund manager, surprised the market this week after announcing that it plans to sell its entire stake in one of its flagship investee companies – Chemical Company of Malaysia Bhd (CCM).
Big jump in car sales recorded in the third quarter
IT is interesting to observe the outcomes when a listed company embarks on a spin-off and list its subsidiary. Typically, a subsidiary is listed to unlock greater valu
KUALA LUMPUR: Top Glove, MESB, MyNews and UMW are among the stocks which could see trading interest on Tuesday following their corporate announcements, JF Apex Research said.
PETALING JAYA: UMW Holdings Bhd, the main distributor of Toyota brands in Malaysia, posted a jump in vehicle sales between July and September this year boosted by the sales tax exemption announced by the government in mid-June.
Fuaad will leave his post as Malakoff head by month-end
KUALA LUMPUR: UMW Holdings Bhd has named Datuk Ahmad Fuaad Mohd Kenali as its new president and group chief executive officer (CEO) effective Nov 1, the automotive company said today.