UEM Edgenta ventures into township management

ABOUT three weeks ago, UEM Edgenta Bhd (formerly Faber Group Bhd) forked out RM128 million in cash and shares for an 80% stake in privately held KFM Holdings Sdn Bhd, a company largely known for being a facility management outfit.

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Home ownership only a price issue?

KUALA LUMPUR (Sept 25): Housing affordability has been a thorny issue for the government, and the problem becomes even more prominent after the property boom in recent years.

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UEM Sunrise plans to issue RCPS instead of new shares to raise up to RM793 mil

KUALA LUMPUR (Sept 17): UEM Sunrise Bhd (UEMS) and its major shareholder UEM Group Bhd (UEMG) have mutually agreed to terminate a previous share subscription agreement and replace it with a subscription agreement for the proposed issuance of up to 793 million new UEMS redeemable convertible preference shares (UEMS-RCPS), in light of recent movements in the market price of UEMS shares.

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