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PASSENGER traffic at the KL International Airport (KLIA) grew by an encouraging 12.3% to 16.325 million last year, making it the fastest growing airport in the region, said its operator, Malaysia Airports Holdings Bhd (MAHB). The growth was achieved despite the slowdown in air travel after the Sept 11, 2001, terror attacks in the United States.
The year 1990 was I>Visit Malaysia Year/I>. Planeloads of tourists were arriving and Malaysia Airlines (MAS), being the national carrier, was enjoying brisk business.
Asset management company Valuecap Sdn Bhd was launched a week ago. Before one could say V-a-l-u-e-c-a-p, investors, and foreign funds came swooping in to the market to buy undervalued stocks. As the rush continued over the week, major corporate announcements were announced, turning a once sagging market into a bustle.
THE KLSE extended its winning streak into a 5th consecutive day yesterday, with news of corporate takeovers providing further mo-mentum to an already buoyant market.