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Tapping into global clinic care network

Southern Capital is front runner to buy IMU

PRIVATE equity firms Southern Capital and TPG have surfaced as contenders to acquire IHH Healthcare Bhd’s International Medical University Malaysia (IMU), but sources familiar with the matter say that Southern Capital could be the front runner to bag the deal. It is understood that IHH and Southern Capital have held talks that indicate Southern Capital is the preferred bidder, but details on the negotiations are scarce. A high-ranking executive of Southern Capital declined to comment on the firm being the favourite when approached by The Edge.

Damansara Holdings appoints JCorp head of transformation Muaazam Mahmud as CEO

Jade Marvel, AirAsia, MYEG, Solarvest, TM, JAKS Resources, IOI Corp, Damansara Holdings, Genting

Based on corporate announcements and news flow on Monday, companies in focus on Tuesday (Oct 12) may include Jade Marvel Group Bhd, AirAsia Group Bhd, MY EG Services Bhd, Solarvest Holdings Bhd, Telekom Malaysia Bhd, JAKS Resources Bhd, IOI Corp Bhd, Damansara Holdings Bhd and Genting Bhd.

JCorp re-emerges as largest shareholder of Damansara Holdings

JCorp re-emerges as largest shareholder of Damansara Holdings
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