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KUMPULAN Guthrie Bhd#039;s proposed rationalisation exercise is seen by plantation analysts and industry observers as a move by the plantation giant to position itself as a global plantation player on its own, and not as part of the government#039;s proposed merger of all Permodalan Nasional Bhd (PNB)-linked plantation companies.
IT has been three years since index constructor Morgan Stanley Capital International (MSCI) announced that it would adjust its equity indices so as to take into account free float levels. Back then, there was some hand wringing among our stock market players over the possibility of Malaysia suffering an exodus of foreign funds.a href=http://biz.thestar.com.my/bizweek/>LI>B>For the full Bizweek reports click here/B>/a>
MALAYSIAN Pacific Industries Bhd#146;s (MPI) proposed internal reorganisation exercise, which involves the merging of Carsem (M) Sdn Bhd (CM) and Carsem Semiconductor Sdn Bhd (CS), is seen as an attempt to improve the group#146;s economies of scale and operational flexibility.
IT is easy to understand why Tan Sri Abdul Khalid Ibrahim spends a lot of time thinking about the plantation business. He joined a select group of the industry's most influential figures when he became group chief executive of Kumpulan Guthrie Bhd in 1994.