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Against the sluggish market condition, we note a comforting trend from either companies resuming or activating buybacks on their own, or major shareholders emerging buyers. These are certainly signals of confidence to the investment community, and more so to minority shareholders during the trying period. In this report, we compile these transactions which we believe would be of interest to investors, categorising into:
Most Malaysian travellers take the North-South Expressway; T. PUSHPARANI plan was to drive through alternate roads up to Kuantan, then take the coastal road to Terengganu. From then on it was the interior road to Pengkalan Kubur in Kelantan, and onto a ferrybarge to Tak Bai, the border town in Thailand. From Tak Bai, it was by road to Hat Yai.
Retail giant Wal-Mart Stores Inc has solidified its position atop the I>Fortune 500/Ilist as America#8217;s demand for affordable household goods boosted its revenue in 2002.
In May and June, NASA will send two #8216;robot geologists#8217; to Mars to determine whether life-sustaining water once existed on the planet. The major problem is finding the right landing spot for the roving space vehicles so that they will not be destroyed by strong winds or sharp rocks.
IT is not time to focus on a post-war recovery even though the war in Iraq has already started, as the possibility of the US slipping into recession remains high, according to Stephen Roach, the chief economist of Morgan Stanley.
Jagdev Singh Sidhe writes on Hock Sin Leong, Sime Darby, Tong Herr, CIMA and Boustead.
WHEN you are close to outliving your usefulness, the smartest thing to do is to plan a graceful, painless exit. Pengurusan Danaharta Nasional Bhd knows this well. Last week, key executives of the national asset management company (AMC) met with several heads of research to toss around ideas about how it should settle its affairs before shutting up shop.