News about UN

  KUALA LUMPUR (June 22): Earlier this week, Paramount Corp stated that it entered into a conditional share sales and purchase agreement with Character First Sdn Bhd and Two Horses for the disposal of majority stakes in three of its subsidiaries involved in pre-tertiary private education business.

KUALA LUMPUIR (June 20): The former caretakers of the Kuala Lumpur City Hall (DBKL)’s community and multipurpose halls have been found to be takers rather than carers.

  KUALA LUMPUR (June 20): Paramount Corp Bhd is to divest its controlling stake in its K-12 education business for an indicative RM540.

KUALA LUMPUR (June 19): A witness from the Ministry of Finance (MoF) told the High Court here today that for the first time ever, the ministry had to prepare materials on a company to be included in a Cabinet memorandum concerning its application for a government guarantee.

KUALA LUMPUR (June 19): Kuala Lumpur City Hall (DBKL) officers have revealed that some caretakers of community halls are taking legal action against DBKL for being forced to return the premises to the council.

PUTRAJAYA (June 18): The government and the private sector is working to roll out their CSR projects that will enhance the living standards of the B40 group and in People’s Housing Projects (PPR), an initiative under the National Community Policy or Dasar Komuniti Negara (DKN).

  UEM Sunrise Bhd (June 17, 85 sen) Maintain market perform with a lower target price of 83.

KUALA LUMPUR (June 18): Construction firm Kimlun Corp Bhd expects a 2% profit margin compression in anticipation of a RM90 or 45% hike in bulk cement prices.

KUALA LUMPUR (June 17): It turns out that there were even more secret transactions involving SRC International Sdn Bhd funds that were concealed from its board of directors, including the application of a second RM2 billion loan from Retirement Fund (Incorporated) (KWAP).

  KUALA LUMPUR (June 15): UEM Sunrise Bhd is planning to downsize its high-end residential resort and beach club development in Desaru, Johor, conceived six years ago, in a move to conserve cash and limit exposure.