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WHEN Malaysia Mining Corp Bhd (MMC) paid a whopping RM1.6 billion for a 50.1 per cent stake in Port of Tanjung Pelepas (PTP), many were sceptical, suggesting that the conglomerate's acquisition was questionable given the long gestation period of a port operator and its hefty capital expenditure.
IT IS perhaps with big dollops of artistic licence that a company which has been experiencing an erratic growth track record over the past five years and suffered a loss in 2001 should fashion itself as #147;one of Malaysia#146;s fastest growing corporations#148;.
GAMING counter Berjaya Sports Toto Bhd's (B-Toto) irredeemable convertible unsecured loan stocks (ICULS), which expire on Aug 4, 2012, have attracted interest as the loan stocks have been actively traded recently.
KNOWN for its dividend generosity, Amway Corp Bhd has lived up to shareholders#039; expectation yet again. In late January, Amway announced an interim dividend of 7.5 per cent for the financial year ending August 31, 2003. The ex-date is on Feb 13, 2003 while the entitlement date falls on Feb 17, 2003.