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The proposal last week to combine Sin Chew Media Corp Bhd and Ming Pao Enterprise Corp Ltd was an imaginative one, even among the current stream of mergers and acquisitions (MAs).
NOW, there is a sense that the Kuala Lumpur Composite Index (KLCI) crossed the 1,000-point level early last month for good reason. It was a prelude to one of the best results seasons in the last few years.
Plywood prices hit an eight-year high this month even though prices are not as bullish as those of metal commodities.
PLYWOOD manufacturer Sanbumi Holdings Bhd said last week that its major shareholder Equal Accord Sdn Bhd was still in negotiations to dispose of a block of shares in the company.
SECOND board counters, which had been largely ignored in the recent market rally, came into their own yesterday.