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NEGOTIATIONS on a merger between GEL Capital (M) Bhd and PacificMas Bhd, which will provide a backdoor listing for the Malaysian operations of Great Eastern Holdings Ltd have started, according to Great Eastern Life Assurance (Malaysia) Bhd director and chief executive officer Alex Foong.
SELANGOR-BASED consultant Noble Nexus Sdn Bhd has proposed the setting up of Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) consulting group to ensure that all projects are successfully implemented and at-tain the desired investment returns.
THE introduction of smaller-sized board lots of 100 shares on the KLSE is expected to lead to higher trading volume once market sentiment improves.
THE private sector is expected to drive growth this year as the external sector is projected to grow modestly. Risk to the economy, however, remains should the private sector, because of prolonged uncertainty, adopt a #147;wait-and-see#148; attitude, which would cause delays in investment and a bounce in the electronics industry.
MALAYSIA'S export markets were further diversified by 3% in 2002, with trade links with China particularly pronounced.