Saturday, March 08, 2003
PLUS on a steady pathBy DARSHINI M. NATHAN
PLUS Expressways Bhd has indeed come a long way. But one thing has remained certain through the wild swings of the economy, the rise and fall of its parent United Engineers (M) Bhd that led to its own indebtedness and change of control - it has always been a prized asset.
Today, as a company trading on the stock exchange, the same certainty is not far behind. PLUS is generally regarded as a safe bet with steady and predictable earnings growth. Some others however, refer to these traits less favourably. They say it's simply unexciting.