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KUALA LUMPUR: UEM Sunrise Bhd's sale of its Mayfair project at St Kilda Road in Melbourne is oportunistic as the take-up rate for the project has not been encouraging since its launch two years ago, says RHB Investment research.
PETALING JAYA: UEM Sunrise Bhd is planning to sell its property in Melbourne, Australia for AU$107.09mil (RM304.13mil), as it seeks to free up cash to pursue other investments.
A recovery in Hong Kong stocks looked fragile as protests extended into Tuesday, disrupting road and rail networks.
AS uncertainty over Brexit spills into its fourth year, Swiftool Precision Engineering has taken a tough investment decision: it will press ahead with a plan to spend £250,000 (RM1.3mil) on a 3D printer but a new workshop roof will have to wait.
WHEN he took on the job of steering TNB into its next phase, Datuk Seri Amir Hamzah Azizan already knew it would be an uphill task.
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.
TODAY marks the 30th anniversary of the fall of the Berlin Wall, when Communist East Germany decided to allow its people to move freely to West Berlin.
BEIJING: China and the US have agreed to proportionally roll back tariffs on each other’s goods in phases, a Ministry of Commerce spokesman said.
PARIS: Air France-KLM plans to improve profitability and pay a dividend as part of a five-year plan to regain ground lost to European rivals.