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RHB restructures borrowings

RASHID Hussain Bhd (RHB) has successfully completed the restructuring of its short-term borrowings totalling RM840mil into facilities with longer term maturities comprising RM280mil revolving credit facilities with tenures of three years, RM200mil bank guaranteed bonds with tenures of 5 years and RM360mil term loan facilities with tenures of seven years.

Page 3 Finance Asia awards 4 local firms, govt’s bond issue

I>Finance Asia /I>magazine has singled out four Malaysian companies and a global Malaysian bond issue for the best awards in various categories for 2002.

Fighting the Bears

Will it hurt to look at the stock market in 2003? What are the stocks worth putting your money in?

Versus the CI

Izwan Idris writes on Jaya Jusco, Teck Guan, Pharmaniaga, HeiTech and RHB Capital.

Danaharta affected by delisting of PN4 firms

THE delisting of financially stressed companies under the PN4 sector will affect Pengurusan Danaharta Nasional Bhd#039;s assets in eight of these companies, said chairman Datuk Azman Yahya.

The healing continues

ABDUL Rahman Ahmad and Shahril Ridza Ridzuan, were uneasy when they were thrust into the corporate limelight back in October 2001. They probably still are.

Banks' biggest challenges in 2003

Banks in Malaysia are in for a challenging year. In its recent 2003 market Outlook Strategy report, RHB Research Institute maintains a neutral weighting on the sector and has forecast an anaemic 9 per cent growth in net banking profits for financial year 2003. The research house gives its outlook on the sector.

PM in Lebanon for two-day visit

Datuk Seri Dr Mahathir Mohamad arrived in Beirut Monday with a high-powered delegation of ministers, top government officials and corporate leaders for a two-day working visit, seen as reflecting Malaysia#8217;s further commitment to helping in the reconstruction of Lebanon.

News in brief

News in brief RHB Capital, Rashid Hussain and Syarikat Pembangunan Harta Guthrie.

Rashid Hussain completes stake sale to Utama

RASHID Hussain Bhd (RHB) executive chairman Tan Sri Abdul Rashid Hussain has completed the sale of his entire stake in RHB to Utama Banking Group Bhd (UBG), sources told I>AFX-Asia/I>.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.