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Tong quits UEM board to ‘focus on family, business’
PETALING JAYA: Datuk Tong Kooi Ong, synonymous with the Sunrise property brand, will not have a role in UEM Land Holdings Bhd from the beginning of next year when his resignation from the board takes effect.
Southeast Asian Stocks: Thai, M'sia, S'pore upp; Philippines outperforms
BANGKOK: Major Southeast Asian stocks rose on Tuesday after active buying in a reporting season and ahead of the Congressional testimony by the new head of the U.S. Federal Reserve, with Thai benchmark capped below a key 1,300 mark amid growing domestic risks.
BCorp unit sells securities in Taiga to UPP
KUALA LUMPUR: Berjaya Corp Bhd is selling its entire 39.09% equity stake as well as subordinated notes in Canada-based wood product maker Taiga Building Products to UPP Holdings for C$65.58mil (RM206.35mil)
BCorp sells Taiga stake
PETALING JAYA: Berjaya Corp Bhd (BCorp) and its wholly owned subsidiary, Berjaya Forest Products (Luxembourg) Sarl (BForest), have entered into two disposal agreements with Malaysian businessman Tong Kooi Ong’s UPP Holdings Ltd, which will see the former net a gain of C$23.14mil (RM72.82mil).
Trading ideas Perak Transit Mega First Berjaya Corp Tien Wah
KUALA LUMPUR: JF Apex Research expects Perak Transit Bhd , Mega First Corporation Bhd, Berjaya Corporation Bhd and Tien Wah Press Holdings Bhd to be among the stocks to watch on Thursday.
