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EVEN though 2003 will be a challenging year for the unit trust industry in view of the global economic slowdown and depressed investment environment, many unit trust management companies are still optimistic that the industry will continue to grow this year.
COUNTRY Heights Holdings Bhd has deferred a critical bondholders#146; meeting intended to seek their approval for a lump sum redemption of its entire RM200mil redeemable unsecured bonds at maturity on Dec 31, 2005, instead of a yearly RM50mil redemption until maturity.
DESPITE his personal wealth and eminent stature among world leaders and captains of industry today, Forever Living Products chairman Rex Maughan has not forgotten his humble beginnings. He grew up on a ranch in Idaho, growing grain, hay and tending to cattle.