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Corporate News

Sime Darby Plantation sells Verdant stake

PETALING JAYA: Sime Darby Plantation Bhd’s indirect subsidiary Ultra Oleum Pte Ltd has sold its entire 52% equity interest in Verdant Bioscience Pte Ltd to SIPEF and Ackermans & van Haaren NV (AVH) for US$8.61mil (RM37.4mil) cash.


Sri Lanka’s bomb carnage casts pall over tourism revival

COLOMBO: With its capital under curfew following devastating Easter Sunday bomb attacks on churches and upmarket hotels, Sri Lanka is filled with fear, horror and grief and tourists who have been flocking to the Indian Ocean island could cancel in droves.


What’s Kasi’s next move in MK Land?

THE failure of Datuk Kasi K.L. Palaniappan, who is better known as P. Kasi, to get re-elected into the board of MK Land Holdings Bhd brings to light again the speculation that things have not been right between him and Tan Sri Mustapha Kamal Abu Bakar, MK Land’s largest shareholder, for years.


Wonderland Villas – a tale of HK’s property rollercoaster

HONG KONG: Red-whiskered bulbuls start chirping around 5am at Wonderland Villas, a hilltop complex in leafy northern Hong Kong whose own history charts the city’s political, economic and social fortunes.


Many a slip betwixt the cup and the lip

Speakeasy - By S. Jayasankaran
I RECALL when I first realised that spoken English isn’t what it seems to immediately suggest.