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If the performance of a company's share price is any indication of its prospects, then investors must be counting on Wah Seong Corp Bhd to deliver.
Despite being a prominent landmark in the Klang Valley, Mid Valley City is not resting on its laurels and has some vibrant plans. StarBiz assistant news editor ANGIE NG caught up with Mid Valley City Developments executive director Antony Barragry and Mid Valley City Gardens executive director David McCracken on their plans to spice up Mid Valley City.
Petroliam Nasional Bhd (Petronas) has made a firm offer to take up a stake in Russian oil company Rosneft's initial public offering (IPO), according to the I>Financial Times/I(FT).
Chinese property developer Evergrande Real Estate Group Ltd scrapped its plan to raise up to US$2.1bil in a Hong Kong IPO after failing to generate sufficient investor interest, sources said, adding further gloom to the market for capital raising.
DOHA, Qatar (AP) - British Prime Minister Gordon Brown's tour of the Gulf appeared to be paying dividends on Sunday amid signs that Saudi Arabia and Qatar were willing to increase their cooperation in international efforts to contain any further destabilizing spread of the global credit crisis.
SAN FRANCISCO (AP) - IBM Corp. wants to get really deep into water. The technology company is launching a new line of water services Friday, hoping to tap a new sales vein by taking the manual labor out of fighting pollution and managing water supplies.