Paramount’s KDU stake divestment a good move, say analyst

KUALA LUMPUR (Nov 21): Paramount Corp Bhd’s planned sale of its controlling stake in three KDU education institutions, which may pave the way for the eventual divestment of its entire loss-making tertiary education business, is seen as a “good move” by RHB Research Institute Sdn Bhd analyst Loong Kok Wen.

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Nextgreen sees return to profit in FY19

KUALA LUMPUR (Nov 21): Nextgreen Global Bhd (formerly BHS Industries Bhd), which has been making losses for three straight years, expects to return to profit in the financial year ending June 30, 2019 (FY19) on the back of improved market conditions, as well as the commercialisation of its industrial park.

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Police question Rosmah again over jewellery

KUALA LUMPUR (Nov 19): The police have questioned Datuk Seri Najib Abdul Razak's wife Datin Seri Rosmah Mansor again over the jewellery confiscated from residences linked to the ex-PM, reported Malaysiakini today.

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