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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.
MALAYSIA Mining Corp Bhd (MMC) has made an offer to take its 74.9%-owned subsidiary MMC Engineering Group Bhd private in a deal valued at RM34mil. It is offering to pay RM4.30 for each MMC Engineering share it does not already own or to issue two new MMC shares for every MMC Engineering share.
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.