Kuala Lumpur Kepong 9MFY17 core net profit below expectations
Kuala Lumpur Kepong Bhd (August 16, RM24.
Tan Sri Abdul Wahid Omar is new Sime Darby Property chairman
PETALING JAYA (July 28): Sime Darby Bhd has announced a new executive line-up and has named Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar as Sime Darby Property Bhd chairman while former Media Prima Bhd group managing director Datuk Seri Amrin Awaluddin will be the property arm’s managing director.
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.
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.
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.
High living
Back in my student days in England, I shared a flat with a wonderful bunch of guys.
RM330 mil forex losses drag on IOI Corp’s second quarter
KUALA LUMPUR (Feb 21): IOI Corp Bhd’s net profit fell 98% year-on-year (y-o-y) to RM15.
KL Kepong, Batu Kawan 1Q earnings decline sharply on absence of disposal gain
KUALA LUMPUR (Feb 15): Kuala Lumpur Kepong Bhd’s (KLK) net profit declined sharply in its first financial quarter ended Dec 31, 2016 (1QFY17), mainly due to the absence of a one-off gain of RM485.
