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Online investment advisor Surf88.com says that it has been more than four months since we last wrote on Valuecap Sdn Bhd, the establishment of which generated considerable excitement back in January. With the renewed vigour of the KLSE, we believe it is appropriate to provide an update.
THREE government-controlled investment agencies - Lembaga Tabung Haji (LTH), the Employees Provident Fund (EPF) and Kumpulan Wang Amanah Pencen (KWAP) - are in for a windfall of as much as RM624mil following the sharp rise in Maxis Communications Bhd's share price over the last few weeks.
IN a commentary on Nov 26 last year entitled I>Big challenges ahead for KLSE with demutualisation/I>, I noted that all participants in our capital market must play a more active role to make the KLSE a regional bourse that is innovative and internationally competitive.