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HIGHER power consumption arising from accelerating economic growth may help ease concerns over the margin squeeze suffered by Tenaga Nasional Bhd (TNB) as a result of increased operating costs.
SUNWAY Holdings Incorporated Bhd (SunInc) plans to take its 63%-owned unit Sunway Construction Bhd (SunCon) private in a cash-and-share deal worth RM221.2mil.
THIS is a week of listings. Equine Bhd, which takes over the listing status of KL Industries Holdings Bhd, will be listed on the main board today while the much-talked of debut of Astro All Asia Networks plc will take place on the main board tomorrow.
A £350mil bond issue launched by Wessex Water Ltd recently has been nearly three times oversubscribed. The long-term guaranteed bonds carrying an annual coupon of 5.75% are due for redemption in 2033.
After advancing for a solid one-and-a-half quarters, the question now is what is in store for the KLSE in the fourth quarter?Fund managers and analysts polled by I>StarBiz/Igenerally felt the CI would go up.They also made their favourite stock picks, which are not limited to just the high-flyers.