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A sampling of views from the captains of industry.
News briefs on Southern Bank, CAHB and other firms.
The United Engineers (M) Bhd (UEM) group will enter a new phase in its corporate development on Friday with the listing of its flagship company, UEM World Bhd, on the KLSE main board.
ALTHOUGH many had said the restructuring of the UEM Group was an insurmountable task, Datuk Abdul Wahid Omar took on the challenge for he felt very honoured to be chosen for the job.
The KLSE Composite Index (CI) slipped back below the psychologically important 800-point level yesterday on sustained profit-taking in the market in tandem with the sharp pull-back in other major Asian bourses.
THE UEM Group made a strong return to the KLSE yesterday, with its flagship - UEM World Bhd - traded at a 66-sen or 41% premium over its swap price of RM1.60 minutes after it was quoted.
KHAZANAH Nasional Bhd#039;s offer of covered warrants (CW), under which 4.85 million retail offering CW Packages were made available for applications by the Malaysian public, companies, cooperatives, societies and institutions, has been oversubscribed.
WHEN one talks about brands, names such as I>Lux/I>, I>Colgate/I>, I>St Michaels/I>, I>Maxis/I>, and even I>National/Icome to mind. Very rarely would someone think of UEM or Renong as a brand.
THE KLSE Composite Index (CI) put on seven points or nearly 1% to close at 798 Tuesday. And most analysts are confident the CI will end the year above the 800 resistance level.
NATIONAL investment agency Khazanah Nasional Bhd's 509.25 million call warrants will list on the KLSE tomorrow, according to a KLSE statement.