AX Group’s 2020 annual report is now available online. The publication contains the Group’s financial statements along with overviews of its core activities across the key sectors it operates in, namely construction, development, healthcare, and hospitality. In the face of a public health emergency and unprecedented operating conditions, AX Group has continued to respond to market conditions to deliver for its clients, people, and stockholders.
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have been promoting the concept of introducing a Monorail system since 1991. At the time, I already considered the traffic problem acute. Now, 30 years later, the problem is becoming more and more severe. Admittedly, significant strides are continuously being made to improve our road network. However, if vehicles continue to increase, we will have no other option but to create more flyovers, traffic junctions, and widening of roads, all to the detriment of our environment and our health.
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One of the most difficult decisions that businesses face across the globe is whether to diversify or not. Business diversification can open up a number of opportunities, but the risks and uncertainty tied to this strategy can have long-term repercussions. So why do businesses opt for diversification?
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Business restructuring is tricky. There are a number of angles that can be adopted to turn a business around but the approach that I have always preferred is to start with a close examination of the balance sheet.
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