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KOMAG Inc will invest US$20mil to upgrade and concentrate all its manufacturing activities in Penang and Sarawak, its chief executive officer Datuk T.H. Tan said.
THE sharp fall in the share price of Britain#146;s Imperial Chemical Industries (ICI) in recent months is a reminder of how a mighty conglomerate can be brought to its knees by wrong diversification undertaken to appease impatient fund managers.
FOR much of the 1990s, the Walt Disney Co consumer products division was a runaway revenue engine. Operating income grew US$100 million per year, topping out at US$893 million in 1997, as Disney stores sold out of rack after rack of merchandise inspired by #147;The Lion King#148; and other animated hits. No self-respecting fourth-grader would let his parents push him out the door without an #147;Aladdin#148; lunchbox.
DESPITE a challenging external environment, the number of overseas acquisitions by Malaysian companies has held steady in the 1st half of this year. Going forward, merger and acquisition (Mamp;A) experts expect the number and value of cross-border Mamp;A deals involving Malaysian firms to surpass anything the country has seen before.