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PETALING JAYA: The string of China-based companies seeking a listing on Bursa Malaysia are finding it difficult to interest local institutions to take up placements of their shares, sources said.
INSTITUTIONAL and retail investors of MMC Corp will meet tomorrow to discuss MMC's proposed acquisition of the entire stake in Senai Airport Terminal Services Sdn Bhd (SATS).
The Government dialled down its projected gross domestic product (GDP) growth for 2009 from 5.4% to 3.5%, but said it would inject RM7bil to strengthen the economy and boost confidence within the private sector.