KUALA LUMPUR (Oct 7): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said today Khazanah Nasional Bhd is identifying assets for sale as Malaysia's sovereign wealth fund aims to reduce its debt to between RM35 billion and RM40 billion as soon as possible.
KUALA LUMPUR (Sept 20): UEM Group Bhd, a wholly-owned subsidiary of Khazanah Nasional Bhd, said part of the proceeds from the disposal of its subsidiary's stake in the operator of the 117km-long Cikopo-Palimanan (Cipali) toll road will be invested into Malaysia's key national infrastructure and other opportunities in Indonesia.
KUALA LUMPUR (Sept 20): Malaysian property developer UEM Sunrise Bhd may acquire rival Eco World Development Group Bhd in a share swap deal, New Straits Times reports, citing unidentified sources.
KUALA LUMPUR (Sept 17): IHH Healthcare Bhd has proposed to buy the entire stake of Prince Court Medical Centre Sdn Bhd (PCMC) for RM1.
KUALA LUMPUR (Sept 5): At one point, Datuk Amhari Efendi Nazaruddin (pictured, left) brought home some RM75,000 per month as the special officer to Datuk Seri Najib Razak, the High Court was told today.
The entire room seems to light up when Datin Vivy Sofinas Yusof steps in.
Construction sector Maintain market weight: The New Straits Times has reported that the government is planning to acquire 15 highways nationwide for RM43 billion via issuing debt to the concessionaires.
KUALA LUMPUR (July 11): The Ministry of Finance (MoF) has made a preliminary decision to oppose the takeover of highway operator PLUS Malaysia Bhd by Maju Holdings Sdn Bhd after considering the views from PLUS' major shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF).
PETALING JAYA (July 10): In an effort to cut expenses, UEM Group Bhd is looking to pare down its staffing to about 80 members, which means letting go about 220 workers.
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