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Sir Martin Sorrell, head of WPP Group Plc, was in Kuala Lumpur on Tuesday as part of a three-week visit to Asia. How he bought over Wire and Plastics Products (WPP), a maker of wire shopping carts, 18 years ago and turned it into the world's largest advertising and market services group is now textbook stuff taught in business schools. After doing a video conference with analysts in London on the group's third quarter results, Sir Martin sat down with WONG SULONG for an interview.
THE growth of asset-backed securitisation (ABS) is expected to receive an additional fillip in the coming years, in tandem with the increasing awareness among originators and investors alike.
Online investment advisor Surf88.com writes on the prospects for Sime Darby asking: Overlooked? Indeed, we believe this is the case for Sime Darby (RM5.45). While many of its heavyweight counterparts scaled new highs with double-digit percentage gains, Sime Darby has so far only tagged on 5.8% this month.
CITIBANK Bhd, in joint effort with Commerce Trust Bhd, has introduced the RM250mil Commerce Trust Steady Returns Bond Fund, the first bond fund of its kind in Malaysia, aimed at offering investors secured, predictable returns, and better yields than the current fixed deposit rates.
Online investment advisor Surf88.com on Kim Hin saying as we watch the sharp re-rating of property stocks amid improved industry prospects and market sentiment, the weakness of tiles manufacturer, Kim Hin (RM2.32), caught our attention. From the beginning of the month, the share price rose only about 4%, lagging way behind the Composite Index (CI)'s 8% ascent. Let's take a closer look.
ROAD Builder Holdings Bhd's wholly-owned subsidiary New Pantai Expressway Sdn Bhd (NPE), which is about to finish construction of the 19.6km New Pantai Highway, has forecast a daily traffic of 250,000 vehicles when the highway is completed in March next year.