DRB-HICOM WARNING: (Oct 24) Government-linked companies (GLCs) will step in and take control of DRB-Hicom Bhd if the disputing parties holding a strategic 15.8% stake do not settle their differences quickly, warned Finance Minister II Tan Sri Nor Mohamed Yakcop. He said the Government had no preferred buyer for the stake. He said the Government would not object if the 15.8% stake, comprising 155.4 million shares, was sold to either Tan Sri Syed Mokhtar Albukhary or the consortium led by Tan Sri S.M. Nasimuddin Amin.
AMNESTY PERIOD STARTS: (Oct 28) The first batch of 275 illegal immigrants returning to Indonesia under the amnesty programme is expected to leave by ferry from the Malacca Port on Friday. The Malaysia Express 1 ferry would depart for Dumai at 9.30am. More than 20,000 illegal immigrants are expected to return to their countries by sea daily during the 17-day amnesty period.
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