Felda paid a hefty premium for assets, says Azmin

KUALA LUMPUR (Nov 22): The Federal Land Development Authority (Felda) had overpaid for some of its assets, forking out “much higher than market price” for acquisitions, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

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Nextgreen sees return to profit in FY19

KUALA LUMPUR (Nov 21): Nextgreen Global Bhd (formerly BHS Industries Bhd), which has been making losses for three straight years, expects to return to profit in the financial year ending June 30, 2019 (FY19) on the back of improved market conditions, as well as the commercialisation of its industrial park.

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