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SOME might say that the hard part of the toll restructuring plan for PLUS Malaysia Bhd will now start. And given the implications of the various facets of the changes that need to be done, it will have far-reaching consequences for the public.
Despite some level of uncertainty still surrounding proposed infrastructure projects in the country, investors in Malaysia’s listed construction firms remain unfazed.
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.
SINGAPORE: A strange thing happens in Singapore after the government announces it’s selling highly-coveted land. Executives from developers bidding for the sites hit the golf course together.
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its AA- rating on Segi Astana Sdn Bhd’s RM415mil Asean Green Medium-Term Notes facility (MTN facility). The outlook is revised to stable from negative.
In just 12 days, Occidental Petroleum Corp pulled off one of the biggest hedges against falling oil prices ever placed by a US energy company. It characterised the transaction as “costless” but a Reuters review of regulatory filings, market data and interviews shows that’s not the whole story.
ENTREPRENEURS often say that passion and grit are needed to see a venture through. And if there is one thing that the winners of The Star Outstanding Business Awards (SOBA) 2019 have shown, it is that perseverance is indeed often well rewarded.
TOKYO: Nissan Motor Co Ltd said on Tuesday former Chairman Carlos Ghosn's flight from Japan would not affect its policy of holding him responsible for "serious misconduct", renewing its charges against him a day before he was due to speak publicly