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Who buys them?
Here is a quick rundown of the type of investors who purchase properties abroad.
Book briefs
THIRTEEN years ago, experts at A.T. Kearney embarked on a landmark, worldwide study of business mergers. In it readers learn about the consolidation cycles through which industries pass, how to identify where in the cycle their industry currently lies and other interesting points.
Wall St probe findings within weeks
B>NEW YORK/B>: Disgruntled investors suing Wall Street firms over bad stock picks will soon get a windfall, as state regulators including New York Attorney-General Eliot Spitzer will likely release the findings of probes into Citigroup Inc and other banks by the end of the month.
MoU to buy six A380s signed
PENERBANGAN Malaysia Bhd (PMB) signed a memorandum of understanding (MoU) yesterday with Airbus to buy six A380-800 passenger aircraft, which can cost up to US$1.5bil.
Senawang investing RM60mil in new project
SENAWANG Land Sdn Bhd is investing an estimated RM60mil to develop their latest project #150; the Senawang Commercial Park (SCP) #150; in Seremban.
MRCB signs RM88mil cash deal for Landas Utama
MALAYSIAN Resources Corporation Bhd (MRCB) has entered into an agreement to acquire a holding company that would give it a 24.9% shareholding in major property developer UDA Holdings Bhd for RM88mil cash.
Malakoff set to acquire Tanjung Bin
THE domestic power sector may offer scarce opportunities to many companies seeking to expand, but that is not quite the impression one gets of Malakoff Bhd.
IIB sets 100% growth target for premium income
SABAH-BASED IIB Insurance Brokers Sdn Bhd is projecting its premium income to hit RM100mil in the financial year 2003 compared with RM50mil in the previous year.
RM100mil for new Texchem food unit
TEXCHEM Resources Bhd (TRB) plans to pump up to RM100mil into its newly-formed food business division by 2010, according to group executive chairman and president Datuk Seri Fumihiko Konishi.
Offering more for MICE events
Property Talk: A weekly column by S.C. Cheah.This week he says that the proposed Kuala Lumpur Convention Centre, to be launched Tuesday, will add another landmark to the capital city.
