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In its most important privatisation, South Africa offered yesterday 139.3 million ordinary shares in state-controlled phone utility Telkom #8211; a quarter of the fixed-line and cellphone group #8211; at between 33.50 and 40.90 rand a share. The long-awaited initial public offering (IPO) is expected to rake in 4.7 billion to 6.8 billion rand.
EVERYONE wants to be given a chance to prove oneself. And Malaysian-born Jim Fah, inventor of the Autopot system, is no different.
Pengurusan Danaharta Nasional Bhd has launched two specific tenders offering for sale, on an 'as-is-where-is' basis, a golf resort and a private institution campus, both located in Seberang Prai Selatan, Penang. The tenders for the freehold properties started yesterday and closes at 5pm on May 22.