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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.
Britain#8217;s PO Princess Cruises Plc has formally backed a £3.3bil merger with sector leader Carnival after it broke ties with former merger partner Royal Caribbean last week.
TIME dotCom Bhd expects to almost double its revenue from the Internet service business this year from about RM40mil last year, said its general manager for multimedia (product management), Capt (Rtd) Mohd Shahril Stephen.
THE number of Internet users in Malaysia jumped 35% last year to 5.7 million, making it South-East Asia#8217;s largest Internet centre.
PASSENGER traffic at the KL International Airport (KLIA) grew by an encouraging 12.3% to 16.325 million last year, making it the fastest growing airport in the region, said its operator, Malaysia Airports Holdings Bhd (MAHB). The growth was achieved despite the slowdown in air travel after the Sept 11, 2001, terror attacks in the United States.