Breaking up Sime Darby is a smart move — Aberdeen CEO
KUALA LUMPUR (March 14): Sime Darby Bhd’s decision to unlock value for its shareholders by breaking its conglomerate structure into three distinct pure play companies is a smart move, said Aberdeen Asset Management plc co-founder and chief executive officer (CEO) Martin Gilbert.
重点报道:遗产继承须知
对于许多亚洲人来说,购买房子不只是为了有瓦遮头,更重要的是,房子可以当作遗产,在过世后可留给孩子,这也是父母交托给孩子的最后一份礼物。 不过,遗产继承程序并非想象中的简易,财务顾问与律师都表示,如果没有正式的遗嘱,遗产还是可以交托给往生者的亲属,但是过程就会耗费更多时间、金钱与精力。 VKA Wealth Planners 金融财务主管Lawrence Seow告诉TheEdgeProperty.
LBS Bina, YPJ Plantations to develop RM2.6b township in Johor
KUALA LUMPUR (March 8): LBS Bina Group Bhd has teamed up with YPJ Plantations Sdn Bhd to jointly develop a mixed township in Kota Tinggi, Johor, with an estimated gross development value (GDV) of RM2.
Property projects should be sustainable to last into the future
SHAH ALAM (March 3): The master plan, accessibility and future value appreciation are often taken into consideration in the decision-making of a property buyer today, said Eco World Development Group Bhd divisional general manager Datuk Hoe Mei Ling.
Sime Darby's separate listings plan involves internal restructuring, share distribution
KUALA LUMPUR (Feb 27): Sime Darby Bhd’s proposed pure-play strategy involving the creation of three listed entities also entails the restructuring of the group’s borrowings, transferring of certain assets within the group and the capitalisation of inter-company loans.
IJM Corp 3Q net profit drops 46% due to absence of one-off gain
KUALA LUMPUR (Feb 23): IJM Corp Bhd’s net profit dropped 46% to RM138.
APDL approvals to boost Penang market
AFTER waiting for months on end for their applications for advertising permits and developers’ licences (APDLs) to be approved, developers in Penang breathed a sigh of relief recently — they have finally been given the nod.
Koon Yew Yin buys 5.45% stake in Jaks Resources
KUALA LUMPUR (Feb 22): Investor Koon Yew Yin, a philanthropist who is well known for his good stock pick, has emerged as a substantial shareholder of Jaks Resources Bhd, after he has bought 23.