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MALAYSIA'S capital city is continuously improving its services and facilities to meet standards that will please both visitors and local citizens. In this third and last part of a series, Datuk Bandar DATUK MOHMAD SHAID MOHD TAUFEK talks about what it takes to make Kuala Lumpur a worldclass city.
By Coomi Kapoor
In its most important privatisation, South Africa offered yesterday 139.3 million ordinary shares in state-controlled phone utility Telkom #8211; a quarter of the fixed-line and cellphone group #8211; at between 33.50 and 40.90 rand a share. The long-awaited initial public offering (IPO) is expected to rake in 4.7 billion to 6.8 billion rand.
Perusahan Otomobil Nasional (Proton) is in talks with Moroccan authorities over the planned sale of a state stake in car assembler Somaca, a senior Finance and Privatisation Ministry official said here yesterday.
Zaid Ibrahim Co LP, the first Malaysian firm to be issued with a foreign law firm licence by the Singapore Attorney-General, opened its regional office in the republic on Thursday.
ASTRO Plantation Sdn Bhd will be investing about RM100mil to redevelop the Taman Sri Tebrau wet market and food court, built in the 1980s, into a mixed development property project.
B>JAKARTA:/BIndonesian President Megawati Sukarnoputri said she would run in next year's elections and challenged critics whom she alleged were backing calls for her to step down.
Lebanon has invited Malaysian businessmen and investors to participate in the country's reconstruction and other ventures, including gas exploration, telecommunications and privatisation schemes.
KUMPULAN Emas Bhd#039;s (KEB) intention to list its 51% subsidiary Salcon Engineering Bhd on the KLSE main board this year will finally come true following the recent speedy approval obtained from the Securities Commission (SC).
IN A builders environment today where it seems hip to be viewed as an up-market high-end developer, it has been interesting to watch MK Land Holdings Bhd flaunt its focus on building affordable houses. And it has made some steady profits from it as well, having emerged a strong player in the country's property scene and one of the largest capitalised property companies too.