Talam could emerge from PN/17

Talam Corp could emerge from the Practice Note 17 category soon, following the completion of its financial regularisation plan. Meanwhile, ED Chua Kim Lan said the company was going ahead with its plan to divest assets such as properties and land to pare down borrowings. Chua said Talam would now focus on completing existing projects and hoped to achieve at least 95% completion rate by year-end. (Financial Daily)