Reported in The Edge, Malaysia,(20/9/06) Ireka Corporation Bhd’s executive director Lai Voon Hon had announced some turnaround strategies hoping to the turn the company’s bottom-line back to profitability. Earlier, the company has incurred a net loss of RM7.51 million in the first quarter to June 30, 2006 due maintly to its construction subsidiaries adversely affected by [...]
If you have a subsidiary in China which is under-performing, do you like to know more about any probable way of transforming/restructuring it into a successful venture.
Reported in The Star (18/9/06) a ex-Malaysian banker, Datuk Teo Tong Kooi , CEO of Singapore’s Hong Leong Asia Ltd (HLA) apparently has managed to transform a formerly state owned [...]
As at yesterday, there were a total of 17 PN17 companies, which represents 1.65 per cent of the total 1,030 companies listed on Bursa Malaysia.
Reported in The BT (5/8/06) that
Bursa Malaysia Bhd has started delisting procedures against Polymate Holdings Bhd, where the plastic product manufacturer was served with a notice yesterday. Polymate has five market days [...]
Proton Holdings Bhd as the national car maker should deserve some news on its restructuring.
Nothing seems to be going right since the departure of the ex-CEO, Tengku Mahaleel and the constructive criticisms from our ex-Prime Minister.
Like any GLC, it seems that Proton needs a shot in the arm to move faster with its so-called “wonderful ‘ [...]
Reported in The Edge Malaysia:-
“ Bukit Katil Resources Bhd is in talks with a few new potential white knights after failing at its first attempt to rescue the financially distressed (PN4 status) company, its executive director S Ganesan said. Speaking to reporters after its EGM in Petaling Jaya on July 21 he said: “The obvious direction [...]
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