UEM Edgenta terminates JV after incurring losses

KUALA LUMPUR (Sept 4): UEM Sunrise Edgenta TMS Sdn Bhd (UEMSET) has terminated its joint-venture (JV) agreement with Township Management Services Sdn Bhd (TMS) to operate Edgenta TMS Sdn Bhd (ETSB), which was conceived in 2016 as the country’s first holistic township management service operator.

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Giant to get new head

KUALA LUMPUR (Aug 30): Chris Bush, the CEO of Southeast Asia Food at Dairy Farm International, will take over the role that will be left vacant by Pierre-Olivier Deplanck, the managing director of GCH Retail (M) Sdn Bhd, once the latter leaves on Aug 30 to pursue new opportunities.

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