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Man Group's new CEO faces surge in client outflows
LONDON: Man Group is set to post an increase in client outflows on Friday, showing that new chief executive Many Roman still has much work to do to turn around the hedge fund manager's fortunes.
Man Wah sinks after short seller Block targets shares
HONG KONG: Shares of Man Wah Holdings Ltd sank in Hong Kong after short seller Muddy Waters questioned the firm’s profitability.
Telco veteran Rosli Man is new chairman of Telekom Malaysia
KUALA LUMPUR: Telecommunications industruy veteran Rosli Man has been appointed chairman of Telekom Malaysia Bhd (TM) with effect from Monday, taking over from Tan Sri Dr Sulaiman Mahbob.
Rosli Man takes over as TM chairman from Sulaiman Mahbob
PETALING JAYA: Telekom Malaysia Bhd (TM) announced the departure of Tan Sri Sulaiman Mahbob as the chairman the company with effect from Nov 30 and the appointment of a new chairman, Rosli Man, effective yesterday.
VW’s MAN sticks to lofty margin goal ahead of possible truck IPO
FRANKFURT: Volkswagen AG’s (VW) MAN unit is sticking to a profitability target it fell short of for years amid painful cost-cutting, underscoring the ambitious goal of the German automaker’s truck division to generate industry-leading returns as it prepares for a possible share sale.
Man Truck Bus targets RM40m revenue this year
MAN Truck amp; Bus (M) Sdn Bhd expects its revenue to grow to about RM40mil this year from RM30mil a year earlier, said managing director Eric D. Coste.
The man and his house
HE is a man of taste and ideas. Well-travelled and worldly, this owner knew exactly what he wanted and he went out to build one of the finest dwellings that have ever stood in Damansara Heights. But circumstances have a strange way of making plans go awry. And so man may build. But he need not necessarily be the one to enjoy the passion of his labour.
VW makes MAN offer to kick off truck merger
FRANKFURT: Volkswagen made a long-awaited bid for MAN, valuing it at US$20bil and stepping up plans to merge the German truckmaker with Swedish rival Scania in which it also holds a stake.
German truckmaker Man says it will make US$12b offer for Sweden's Scania
BERLIN (AP) - German truckmaker MAN AG said Monday it would make a euro9.6 billion (US$12.2 billion) offer for Sweden's Scania, a deal that would create Europe's largest maker of commercial vehicles.
VW formalises bid for truckmaker MAN
FRANKFURT: German carmaker Volkswagen (VW) formally launched its bid for MAN yesterday, in a move towards creating Europe's biggest truckmaker.
