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PERBADANAN Komputer Nasional Bhd (Nascom) expects to complete the takeover of 11 listed companies currently under PN4 status by March. The takeover will result in the companies being relisted on the KLSE.
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.
BACKDOOR listings are becoming an attractive option for many aspiring to be listed on the KL Stock Exchange.
FOLLOWING its recent acquisition of the insurance business of Amanah General Insurance Bhd (AGIB) for RM93.1mil, Japan-based Tokio Marine Insurans (M) Bhd (TMIM) is setting its sights on expanding its growth in a number of key business areas.
Johan Fernandez surveys a light shop in Newe Jersey run by a Malaysian woman who prides herself in promoting and selling mostly Malaysian products.