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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.
Manoj Kaimal incorporated a company called White Lotus Sdn Bhd with his wife Sandhya, 26, and then started Yoga Life Centre in 2001 to promote alternative health, yoga, ayurveda and other Indian sciences. Every month, the centre records about 250 to 300 students, 80% of whom are Chinese. Since they started the centre, close to 1,000 people have walked through their door.
Australia's biggest airline, Qantas Airways Ltd, announced Monday plans to acquire 23 Airbus aircraft for about US$1.15bil for its new discount carrier, which is to be named Jetstar.
Today's CEO Outlook series features the country's four major port operators. They are Tan Sri G. Gnanalingam of Westport Malaysia, Basheer Hassan Abdul Kader of Northport (M) Bhd, Datuk Mohd Sidik Shaik Osman of Pelabuhan Tanjong Pelepas, and Datuk Ahmad Ibnihajar of Penang Port Sdn Bhd.