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PLUS on a steady path

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.

Govt may issue RM18bil bonds

MALAYSIA may sell up to RM18bil of government bonds this year to help fund its pump-priming measures, according to Rating Agency Malaysia Bhd (RAM).

Mergers to add depth to market

GOVERNMENT-LINKED plantation and financial companies are potential candidates for mergers when the government steps up efforts to consolidate companies in common sectors.

Merged govt-linked firms to draw big players

Government-linked plantation companies will be consolidated to bring more big players into Malaysia#039;s share market, said Second Finance Minister Datuk Dr Jamaludin Jarjis.

Private matters

BOUSTEAD Holdings Bhd has joined the growing list of parent corporations eager to convert their listed subsidiaries into wholly-owned entities.

News in brief

News in brief on Southern Bank, Khazanah Nasional, AMMB Holdings and other firms.

TH Group moves away from old economy

TH GROUP Bhd managing director Lei Lin Thai may not speak the language of technology and life sciences, but he certainly has the foresight to recognise an industry that might be hailed as the next big thing.

Telekom to keep Celcom listed

TELEKOM Malaysia Bhd intends to maintain the listing status of Celcom (M) Bhd even though a full take-up rate of its mandatory general offer (MGO) for Celcom shares would give Telekom the option to take the cellular company private.

Celcom faces critical vote on merger with TM Cellular

Today is a critical day for Celcom (M) Bhd, which is holding an EGM to seek shareholders' approval to buy TM Cellular Sdn Bhd, the mobile subsidiary of Telekom Malaysia Bhd.

Hot Stock - Renong Berhad

HOVERING between the support and resistance of 36 sen and 57.5 sen respectively since early October last year, this speculative stock rebounded strongly from its downside support over the past several days.