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MAIKA Holdings Bhd's current state belies its euphoric start. Many, a lot of them rural folk, were swept away by the fancy promises of future profits by its promoters and the fact that their hard-earned monies, ploughed in to buy Maika shares, would turn them into stakeholders of the national economy.
Maika Holdings, the brainchild of MIC president Datuk Seri S. Samy Vellu has long been a seed of discontent among the Indians in the country. Tycoon Tan Sri G. Gnanalingam hopes to salvage the situation through a RM100mil takeover plan. Can he pull it off.
INSURANCE companies, like most financial institutions in this country, are tempting targets because they are a licensed business, which by implication means they are not easy to come by. Furthermore, it is perceived as a major coup if an entrepreneur, never mind that he already owns a sprawling business empire, manages to grab a financial entity and add that to his stable of achievements.
Human Resources Minister Datuk S. Subramaniam fields the 10 questions posed to him by our readers.
Malaysia's sixth prime minister, son of the second, has a golden opportunity to stamp his mark on the country for the better
Malaysia is a beautiful country with a great future if only our diversity becomes our unity and we get the best people to lead us.
Amanah Saham Nasional Bhd (ASN), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), is cautious in its investment strategies and level of income distribution due to the uncertain economic situation.
The Malaysian Indian Metal Traders and Recyclers Association (MIMTA) is appealing to the Government to resolve the issuance of new licences for scrap metal traders in the country.
UMW Holdings Bhd has donated a two-acre plot in Serendah worth RM544,500 to be used for the building a Tamil school.
TUNKU'S vision was not confined to just economics. He had the great foresight, for example, to continue whatever good the British colonial master had built up for Malaysia.