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120mil YTL Power shares placed out
YTL Corp Bhd has successfully placed out a 5.25% interest or 120 million shares in YTL Power International Bhd to various local institutional investors for RM348mil, or RM2.90 per share.
Nova MSC sees China as key market for software
NOVA MSC Bhd, slated for a KLSE Mesdaq listing next month, sees China as a key market for its e-government and healthcare software and services.
AWC plans to get more commercial building deals
AWC Facility Solutions Bhd, which is scheduled to assume the listing status of Trans Capital Holding Bhd on the KLSE second board at the end of next month, aims to increase the company#039;s exposure to commercial buildings to 5% in three years from less than 1% now, its executive director Harry Menon said.
LNG Resources on track to meet revenue forecast
MESDAQ-BOUND LNG Resources Bhd is on track to meet its 2003 revenue and pre-tax profit forecasts based on its strong performance in the first half, its chairman and managing director Low Chee Thean said.
PWE plans to transfer listed status to BMB
PWE Industries Bhd has proposed a share exchange with Bintang Mover Bhd (BMB), with the latter to eventually acquire PWE#039;s listing status.
News in brief
News in brief on Cahaya Mata, Granite Industries, Southern Bank and PBA Holdings.
Analysts: Good value in Jayabumi IPO price
ANALYSTS have put the fair value on the shares of soon-to-be-listed Pembinaan Jayabumi (Sarawak) Bhd at 30% to 40% above its initial public offering (IPO) price of RM1.70 per share.
Public portion of APP offer 8.6 times oversubscribed
APP Industries Bhd#039;s initial public offering (IPO) shares for public subscription have been oversubscribed 8.62 times, Malaysian Issuing House Sdn Bhd (MIH) said in a statement.
