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It was expected. Year 2002 was indeed a record-breaking year for the automobile industry. Vehicle sales grew 9.7 per cent to 434,954 units. This year too in terms of volume, most expect sales (in units) to reach an all-time high (with one or two contrarian points of view), with an estimated growth of 3.5 per cent to 4 per cent.
A BACKDOOR listing may be in the offing for the Malaysian operations of Great Eastern Holdings Ltd if negotiations between GEL Capital (M) Bhd and PacificMas Bhd for the restructuring of their equity and insurance business operations are successful.
Pauline SC Ng writes on Plus, Tien Wah, PavificMas, Park May and YTL e-Solutions.
TELEKOM Malaysia Bhd and Celcom (M) Bhd are determined to push through with their inter-related corporate exercise despite market perception that these proposals could be derailed through various delays and objections by interested parties.
PLUS Expressways Bhd has indeed come a long way. But one thing has remained certain through the wild swings of the economy, the rise and fall of its parent United Engineers (M) Bhd that led to its own indebtedness and change of control - it has always been a prized asset.