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THE delisting of financially stressed companies under the PN4 sector will affect Pengurusan Danaharta Nasional Bhd#039;s assets in eight of these companies, said chairman Datuk Azman Yahya.
GOVERNMENT investment arm Khazanah Nasional Bhd has bought RM400mil of new stock in Renong Bhd to keep it afloat after failing to find other buyers.
The share market received a major boost when a newly established asset management company with about RM10bil worth of funds began operations yesterday.
THE KLSE staged a late rebound yesterday on news that asset management firm Valuecap Sdn Bhd had started investing in local equities.
IN a commentary on Nov 26 last year entitled I>Big challenges ahead for KLSE with demutualisation/I>, I noted that all participants in our capital market must play a more active role to make the KLSE a regional bourse that is innovative and internationally competitive.
THE formation of an investment holding company with resources of up to RM10 billion invest in listed securities on the Kuala Lumpur Stock Exchange (KLSE) could well provide a fillip to the market next week.
The share market received a major boost when a newly established asset management company with about RM10bil worth of funds began operations.
Stock Market Signals: A weekly column by G.M. Teoh on the performance of the KLSE's Main Board.
A RALLY sparked off by news that Valuecap Sdn Bhd, with RM10bil for local equity investment, had started operations last Friday lifted the KLSE Composite Index (CI) by more than 2% yesterday.
There is no need to amend the Constitution in order to compel the various states to accept the proposed streamlining of Islamic family laws, Prime Minister Datuk Seri Dr Mahathir Mohamad said.