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Business

Minority shareholders block Henderson unit buyout

Shareholders of Henderson Investment Ltd yesterday rejected a US$704mil plan by parent Henderson Land Development Ltd to take it private, killing the deal in a rare victory for Hong Kong shareholder activists.

Business

Versus the CI

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

Business

News in brief

News in brief including timber company Ta Ann Holdings Bhd is diversifying into property development and has acquired 3.6ha piece in Kuching for RM13.5mil.

Letters

Review toll rates to ease people's burden

A LEADING Chinese daily has urged the Government to review the toll rates to help ease the financial burden on road users under the privatisation policy.

Nation

No problem in making assets public, says Sabah minister

A Sabah minister said state Cabinet members have no problem in making public their assets if the law requires them to do so.

Nation

India: Security of diaspora main concern

Concern and consideration for national security was one of the primary reasons why India had offered dual citizenship to the Indian diaspora in selected countries only.

Business

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.

Business

MK Land repositioning itself

IN A builders environment today where it seems hip to be viewed as an up-market high-end developer, it has been interesting to watch MK Land Holdings Bhd flaunt its focus on building affordable houses. And it has made some steady profits from it as well, having emerged a strong player in the country's property scene and one of the largest capitalised property companies too.

Business

Fast approval for Salcon listing

KUMPULAN Emas Bhd#039;s (KEB) intention to list its 51% subsidiary Salcon Engineering Bhd on the KLSE main board this year will finally come true following the recent speedy approval obtained from the Securities Commission (SC).

Nation

Lebanon invites Malaysian investors

Lebanon has invited Malaysian businessmen and investors to participate in the country's reconstruction and other ventures, including gas exploration, telecommunications and privatisation schemes.