UBG Bhd believes the way forward is to grow via acquisitions and it will set aside about RM500mil to acquire more companies. But any purchase would likely be made only by the end of the third quarter and “future purchases would have to amplify what UBG has,” deputy chairman Syed Ahmad Alwee Alsree.
SEG International Bhd (SEGi) is focusing on educational programmes in niche areas in the job market to boost its business in the coming years, chief executive officer Datuk Clement Hii said. “We have gone into many niche areas such as nursing, allied health sciences, pharmacy, dentistry, biotechnology, tourism, hotel management and construction management,'' Hii told StarBiz.
ECM Libra Avenue Bhd expects to emulate its third-quarter growth for the final quarter ended Jan 31 despite the likely difficult time for the financial services industry. Managing director Lim Kian Onn said the transformation of subsidiary ECM Libra Avenue Securities Sdn Bhd into an investment bank was a natural move as it would not be sustainable as just a universal broker. “It (the business) is not going to be drastically different, but if you do not become an investment bank, you’ll be irrelevant in two years,” he said.
Axis Real Estate Investment Trust (Axis REIT) said its trustee OSK Trustees Bhd has signed sale and purchase agreements with vendors to acquire assets for RM27mil.
Bina Puri Holdings Bhd said its Thai subsidiary Bina Puri (Thailand) Ltd has been awarded a RM81mil contract to build two condominium blocks comprising 810 units in Bangkok.
Marrybrown Fried Chicken Sdn Bhd will make its maiden appearance in East Africa with its first franchise outlet in April. The restaurant would be located in Donoma, the capital city of Tanzania, group managing director Nancy Liew told a press conference yesterday.
ECM Libra Avenue Bhd expects to emulate its third-quarter growth for the final quarter ended Jan 31 despite the likely difficult time for the financial services industry. Managing director Lim Kian Onn said the transformation of subsidiary ECM Libra Avenue Securities Sdn Bhd into an investment bank was a natural move as it would not be sustainable as just a universal broker. “It (the business) is not going to be drastically different, but if you do not become an investment bank, you’ll be irrelevant in two years,” he said.
Axis Real Estate Investment Trust (Axis REIT) said its trustee OSK Trustees Bhd has signed sale and purchase agreements with vendors to acquire assets for RM27mil.
Bina Puri Holdings Bhd said its Thai subsidiary Bina Puri (Thailand) Ltd has been awarded a RM81mil contract to build two condominium blocks comprising 810 units in Bangkok.
Marrybrown Fried Chicken Sdn Bhd will make its maiden appearance in East Africa with its first franchise outlet in April. The restaurant would be located in Donoma, the capital city of Tanzania, group managing director Nancy Liew told a press conference yesterday.
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