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COMMERCE Asset-Holding Bhd (CAHB) has signed a memorandum of agreement (MoA) to sell up to 30% of Bank Muamalat to Bukhary Capital Sdn Bhd.
THE covered warrants in three of the KLSE's largest companies issued by Khazanah Nasional Bhd have surged spectacularly since their Aug 4 debut but some analysts are now becoming more cautious as the covered warrants have surpassed earlier pegged fair values.
Pengurusan Danaharta Nasional Bhd is confident of redeeming its RM11.14bil of outstanding bonds maturing between this December and March 2005, Managing director Zukri Samat said.
JAPAN#146;S UFJ Holdings Inc has sold its 2.8% stake in Commerce Asset-Holding Bhd (CAHB) for RM3.76 a share, dealers said yesterday.
More government assets could be unlocked via new listings on the KL Stock Exchange and reduction of some of its large holdings in companies such as Tenaga Nasional Bhd and Telekom Malaysia Bhd as well as banks.
AUDITOR-GENERAL Datuk Dr Hadenan Abdul Jalil has cautioned the Government against standing guarantor to loans taken by companies in his report.
ASTRO All Asia Networks plc, to be listed on the KLSE in a month's time, will emerge as Malaysia's largest cross-media company with a market capitalisation of RM6.5bil to RM8bil.
Property Talk: A weekly column by S.C. Cheah. This week he asks where can you find an office building that has a combination of the following: prestigious address, prime location, lakeside view, no traffic jams, lovely parks and high chances of bumping into top government officials?
ASTRO All Asia Networks plc has forecast a profit before tax but after minority interest of between RM28.6mil and RM33.6mil on a turnover of RM1.4bil for its current financial year ending Jan 31, 2004.
A huge crowd gathered at the Malaysian Issuing House (MIH) Sdn Bhd in Jalan Munshi Abdullah to submit their application forms for Astro All Asia Networks Plc shares when the counters opened yesterday morning.