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ON the cusp of the biggest transformation in its 70-year history, Tenaga Nasional Bhd (TNB) is powering ahead towards inevitable changes on the horizon.
THE battle among several private players to acquire PLUS Malaysia, the country’s largest highway concessionaire, has also thrust UEM Edgenta Bhd under the spotlight.
KUALA LUMPUR: Private equity firm Creador has appointed banker Datuk Noorazman Abd Aziz and the former boss at one of the country's top accounting firm Chin Kwai Fatt as senior advisors.
KUALA LUMPUR: The government is still scrutinising the various proposals received to take over Khazanah Nasional Bhd’s 51% stake in PLUS Malaysia Bhd.
BANGKOK: The government is finding the best solution to resolve the financial problems plaguing PLUS Malaysia Bhd (PLUS), said Prime Minister Tun Dr Mahathir Mohamad.
WITHIN the corporate Malaysia circle, the high indebtedness of companies linked to billionaire Tan Sri Syed Mokhtar Albukhary is widely known and have been much discussed.WITHIN the corporate Malaysia circle, the high indebtedness of companies linked to billionaire Tan Sri Syed Mokhtar Albukhary is widely known and have been much discussed.
AS Malaysia works towards becoming an economic powerhouse, it is timely that Corporate Malaysia looks at recalibration measures.
PETALING JAYA: In clarifying inaccurate claims about its debt, PLUS Malaysia Bhd says the group was already a debt-ridden company when Khazanah Nasional Bhd took over the highway operator from Renong Bhd in 2001.
KUALA LUMPUR: PLUS Malaysia Bhd, which had attracted a lot of suitors keen to take over the highway owner and operator, issued a statement on Thursday to clarify several misleading and inaccurate claims reported in the media.
KUALA LUMPUR: The call has become louder for government-linked companies (GLCs) to not crowd out the private sector, and to reassess their priorities.