Khazanah said the divestment in TEB will offer an opportunity for the acquiring party to tap into TEB’s expertise and participate in a potential extension of its concession with the government, which is due to expire in 2014.
The divestment exercise will also allow TEB to enjoy financial and strategic benefits through the ownership and management of a qualified Bumiputera company with expertise in the relevant field. (Source: FMT)
Comment: Khazanah gave Censof to tap extention of concession with government.
JF Apex Securities Bhd said in a market strategy report yesterday that the implementation of the GST would be a major catalyst for e-services or IT solution providers, which could benefit front-runners such as MyEG and Censof Holdings Bhd.
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Posted by FreeThink > 2013-10-28 21:44 | Report Abuse
huhuh...