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KUB at another crossroads
Khairul Khalid | 14 Jul 2017 00:30
Palm oil producer and restaurant chain operator KUB Malaysia Bhd has been gaining some ground since Datuk Abdul Rahim Mohd Zin came on board as president and CEO in 2015.
 
However, with the emergence of new major shareholder Anchorscape Sdn Bhd, there are concerns over the company’s future business direction.

Although Anchorscape has stated that it does not foresee major changes in KUB’s business and management, a local analyst believes it is still too early to tell.

“KUB is a politically-linked company. Elections are looming, and anything can happen. The new majority shareholder could lead to some changes in the company,” he tells FocusM.

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