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FOR months, the question was who will get it. The bidding war for the prized asset that is PLUS Malaysia Bhd attracted bidders far and near, with many of the local personalities the ones that have eyed the expressway company before.
PLANTATION companies with high-capacity refineries will need to quickly source new export markets for their refined palm oil products, should India’s unofficial boycott on Malaysia take a turn for the worse in the coming months.
KUALA LUMPUR: Malaysia’s sovereign fund and Telenor ASA have revived talks on a potential deal involving Axiata Group Bhd, people familiar with the matter said, just four months after the carriers scrapped negotiations on a broader merger of their Asian operations.
IF it was “Dr Mahathir Mohamad” version 1.0, PLUS Expressways Bhd (PLUS) would have probably been awarded to one of the four private companies that had thrown in their bids for the most valuable highway.
KUALA LUMPUR: Malaysia’s sovereign fund and Telenor ASA have revived talks on a potential deal involving Axiata Group Bhd., people familiar with the matter said, just four months after the carriers scrapped negotiations on a broader merger of their Asian operations.
PETALING JAYA: The upcoming restructuring of Projek Lebuhraya Utara-Selatan (PLUS) Malaysia Bhd’s concession to enable a 18% toll rate cut and an extension to the toll period may be the benchmark deal for toll reduction plans involving other highways in Malaysia.
KUALA LUMPUR (Reuters) - Benchmark palm oil prices will not rise above RM3,300 per tonne in the first half of 2020 and the commodity's recent rally has eliminated its competitive edge over rival edible oils, a top industry analyst said on Thursday.
KUALA LUMPUR: The Institute for Democracy and Economic Affairs (Ideas) endorses the Cabinet decision to not sell PLUS Malaysia Bhd.
HONG KONG: A smooth sale of a Tesco unit will signal it’s mostly back to business as usual for Goldman Sachs. The US bank is advising the British grocer on a potential US$9bil exit from South-East Asia.
KUALA LUMPUR: Malaysia is considering the merits of having the state control its biggest companies, after moves to break up their dominance in sectors from the Internet to electricity led to declines in Asia’s worst major stock market.