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Investors scouring the globe to find attractive returns in lacklustre financial markets have created a huge pool of liquidity that is being drawn to bricks and mortar as property reasserts itself as an asset class.
FOAM and mattress maker Lee Swee Kiat Group Bhd (LSK), which made its debut on Bursa Malaysia second board yesterday, plans to venture into the foam lamination business in Thailand to take advantage of the country's booming motor vehicle industry.
SHARES in Lii Hen Industries Bhd hit limit-down twice Thursday after the stock exchange imposed trading restrictions on the stock.
General Motors Corp. plans to put two safety features - OnStar in-vehicle communications service and electronic stability control - in all of its vehicles by the end of 2010, the company said.