The first in a three-part interview with Chellappah Rajandram - the chief of Malaysia''s corporate debt restructuring agency - on the attempts to turn around the debt-laden Renong group.
Maybank''s plans to take over PhileoAllied Bhd have been scuppered by one of PhileoAllied''s shareholders, Avenue Assets. There''s also more bad news for the Utama-AMMB merger.