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Loss-making Singapore flag carrier Neptune Orient Lines Ltd (NOL) could face a hefty payout after its Danish chief executive Flemming Jacobs made an abrupt departure this week, joining a growing list of foreign talent leaving underperforming state-linked companies.
FOLLOWING its recent acquisition of the insurance business of Amanah General Insurance Bhd (AGIB) for RM93.1mil, Japan-based Tokio Marine Insurans (M) Bhd (TMIM) is setting its sights on expanding its growth in a number of key business areas.
HOUSING developer Hunza Properties Kedah Sdn Bhd (HPK), a subsidiary of Hunza Properties Bhd, is teaming up with American International Assurance Co (AIA) to build 550 bungalows in Sungai Petani, Kedah, under its new Hunza Golden Plan package.