JOHOR BAHRU (Sept 22): The Sultan of Johor has expressed his readiness to fulfil his national duties for the country and people.
Sultan Ibrahim Almarhum Sultan Iskandar, next in line to be the Yang di-Pertuan Agong, conveyed his willingness to shoulder the responsibility.
“It is not a promotion. It is a responsibility I am prepared to undertake on behalf of my brother Rulers,” he explained during an exclusive interview with a Bernama team led by its chairman Datuk Seri Wong Chun Wai at His Majesty's private residence, here, recently.
Astro Undertakes Voluntary Separation Scheme to Strengthen Market Position
KUALA LUMPUR, 28 July 2023 – The media and entertainment industry is currently operating in an environment that is experiencing an unprecedented rate of disruption. Industry players are required to reinvent and adapt swiftly to remain profitable and relevant in this new reality.
Euan Smith, Group Chief Executive Officer of Astro Malaysia Holdings Berhad ("Astro") said, “In an increasingly borderless and digital world, competition is relentless, especially in a challenging economic landscape. Astro continues to be proactive to reinvigorate the Group to strengthen its position in the market and to adapt to a fast-changing business environment.
To support its ongoing transformation, Astro will be undertaking a Voluntary Separation Scheme ("VSS") that will allow the Group to focus on core business activities and improve its financial performance by simplifying the organization, streamlining operations and reducing operating expenses. The VSS is offered purely on a voluntary basis.”
Notwithstanding this exercise, the Company is putting in place measures to ensure that customer experience will not be impacted by this exercise. Further, the Company has put in place a transition programme that will provide the right support to employees who opt for the VSS including coaching and skills upgrading training programmes.
KUALA LUMPUR (July 17): Berjaya Corp Bhd is selling its waste management business Berjaya Enviro Holdings Sdn Bhd (BEnviro) to Naza Corp Holdings Sdn Bhd for RM700 million cash, confirming The Edge Weekly’s report.
On Monday (July 17), BCorp subsidiary Berjaya Group Bhd (BGroup) inked a share sale agreement to dispose of its 100% stake in BEnviro with Naza Corp.
The proposed disposal is expected to see BCorp lock in RM490.74 million.
Upon completion of the disposal, BCorp said it will form a joint venture company with BEnviro to collaborate on new projects.