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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Only World Group on acquisition trail

SHAH ALAM (Dec 30): Only World Group Holdings Bhd (OWG), which aims for a 50% growth in revenue this financial year ending June 30, 2016 (FY16), expects to seal an investment deal “in the next couple of months”.

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KL office rental rates under pressure

A large supply of office space continued to weigh on rental rates in Kuala Lumpur, KL Fringe and Beyond KL (Selangor) in 3Q2015, while the overall market is expected to remain gloomy until year end.

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