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The first part yesterday of the roundtable discussions dwelt on the KLSE#8217;s lacklustre performance for 2002, and the factors contributing to its weakness. The concluding part talks about the market#8217;s probable outlook for this year, given the looming prospect of war in Iraq.
Apart from the large investments abroad that have made headline news such as the acquisition of Unilever group assets by IOI Corp Bhd and Wessex Water by YTL Power International Bhd, there were also many companies with smaller market capitalisation which crossed the border last year.
Asian champions Team Telekom Malaysia, who are gunning for a hat-trick of wins in the Telekom Malaysia Tour of Langkawi, announced a strong squad of four old faces and three newcomers yesterday for the Tour scheduled to run from Jan 31 to Feb 9.