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Mizuho Holdings Inc., looking to speed its bad loan cleanup, is nearing an agreement with Merrill Lynch Co. for 150 billion yen (US$1.25 billion) in funding from the U.S. financial giant, a Japanese newspaper said Tuesday.
VALUECAP Sdn Bhd is set up to run commercially and does not intend to turn to the government for assistance even if its investments do not perform, said chairman Anwar Aji.
USAINS Holding Sdn Bhd, a specialist in multi-disciplinary projects and consultancy work from the public and private sectors, is projecting a turnover of about RM30mil for the 2003 fiscal year ending in December, up about RM6mil from RM24mil in 2002, according to its group managing director Prof Gan Ee-Kiang.