WHEN Khazanah Nasional Bhd decided to divest companies that were not part of its transformation plan post-May 2018, UEM EDGENTA BHD
was among those that were to be sold.In the last two years, there have been suitors for UEM Edgenta, whose earnings anchor on providing support services to hospitals and maintenance works for highways under PLUS Malaysia Bhd.
The suitors were keen on UEM Edgenta because of its concession agreement with the Health Ministry to provide support services to some hospitals, and its long-term relationship with PLUS that saw it land most of the work for maintenance of the highways.
The bulk of UEM Edgenta’s earnings come from the two divisions, which has enabled the company to declare attractive dividends.
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