Cabinet decided PLUS will not be sold — sources

KUALA LUMPUR (Jan 15): The Cabinet had at its meeting today decided that highway concessionaire PLUS Malaysia Bhd will not be sold and will remain under its current shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF), according to sources.

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Amverton founder seeks to take company private

KUALA LUMPUR (Jan 14): Amverton Bhd’s founder, chairman and controlling shareholder, Tan Sri Ng Boon Thong, intends to take the property company private by offering to buy the remaining shares in the company at RM1.

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'Megablaze' that razed Australia is under control

  SYDNEY (Jan 13): The fires that have razed over 2,000 homes, killed 26 people, wiped out an estimated billion mammals, birds and reptiles and scorched some 25 million acres are finally under control in some areas, say firefighters.

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