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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
The Harvard grad will have his hands full in meeting demands of unit holders
The underperformance of Sapura Energy Bhd and Velesto Energy Bhd has put Permodalan Nasional Bhd (PNB) in the spotlight. Both companies have had PNB as their major owners.
PETALING JAYA: UMW Holdings Bhd has announced the sudden passing of president and group CEO Badrul Feisal Abdul Rahim on May 31.
KUALA LUMPUR: UMW Holdings Bhd has announced the sudden passing of its president and group CEO Badrul Feisal Abdul Rahim on May 31.
KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) is exploring options for its stake in Malaysian oil tanker operator Orkim Sdn Bhd, including a potential sale, according to sources.
KUALA LUMPUR: Velesto Energy Bhd’s subsidiary, Velesto Drilling Sdn Bhd, has been awarded four contracts worth a total of RM432.33mil from Petronas Carigali Sdn Bhd for the provision of jack-up drilling rig services.