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KUALA LUMPUR: Ho Chun Fuat has relinquished his position as chief financial officer of Malayan United Industries Bhd (MUI), controlled by Tan Sri Khoo Kay Peng, and PAN Malaysia Holdings Bhd, which in turn is a 69.19% subsidiary of MUI. By virtue of his resignation in these companies, he will no longer be the CFO of MUI Properties Bhd, Malaysia Capital Bhd, PAN Malaysia Corp Bhd and Malaysian Industries Bhd. Ho, 46, resigned in order to pursue other career opportunities, the companies announced to Bursa Malaysia yesterday. He also resigned from his position as joint secretary of MUI, Pan Malaysian Industries and MUI Properties, which he had held since Dec 1, 2012. by Levina Lim This article first appeared in The Edge Financial Daily, on December 5, 2013. ....
A renewed appetite for safe-haven commodities is fuelling a rally in jewellery counters on Bursa Malaysia, amid stronger trading prices of the precious yellow metal, following the global banking crisis that jolted equity investors. ....
JAKARTA, Jan 8 Prime Minister Datuk Seri Anwar Ibrahim on Sunday witnessed nine memorandum of understandings (MoUs) exchange involving Malaysian companies on both projects and. ....
Prime Minister Datuk Seri Anwar Ibrahim on Sunday (Jan 8) witnessed the exchange of nine memorandums of understanding (MOUs) involving Malaysian companies on both projects and collaborations as well as the handover of a string of letters of intent (LOIs). ....
Notable filingsFilings on April 9 showed Bioenergy Holdings Sdn Bhd disposing of 10.5 million shares in Asia Bioenergy Technologies Bhd (Asiabio) between April 3 and 7, effectively reducing its stake in the company to 53.6 million shares or 21.4% equity interest. Asiabio said last week that its investment company, Grand Inizio Bhd, had submitted an application to be listed on the Mesdaq Market. An April 10 filing revealed that Lau Kim Chew had ceased to be a substantial shareholder of Cocoaland Holdings Bhd following the sale of his shares in Leverage Success Sdn Bhd, which owns 79.7 million shares, or a 66.3% stake, in the company. According to the filing, Lau now holds less than 15% of Leverage Success. According to an April 8 filing, Singapore-based Arisaig Asean Fund Ltd disposed of 15.6 million shares in Hektar Real Estate Investment Trust, ceasing to be a substantial shareholder of the property trust. Arisaig had at one point owned 18 million shares, or 5.64% equity interest, in ....