posted by admin on Jul 30
Khazanah Nasional Bhd, Malaysia’s government-owned investment business company, took off his 5% stake in state-owned telecommunications company Telekom Malaysia Bhd worth U.S. $ 181 million. A number of bankers are not willing to reveal unnamed Khazanah to sell 178.9 million shares or 5% ownership stake in the business of providing Internet and telephone services of Telekom Malaysia, the price of 3.25 ringgit per share. This price is 2.7% lower than the closing share price on the stock exchange in Kuala Lumpur yesterday at 3.34 ringgit. “Shares are sold to local and foreign institutional investors,” said one banker, today. According to these bankers, Maybank Investment Bank Bhd and Nomura Holdings Inc. became the manager for placement sale of shares.
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posted by admin on Jul 15
Capital Investment Coordinating Board (BKPM) to ensure the realization of investments during the quarter II/2010 grew more than 40% following the increased activity of foreign and domestic investors. Gita Wirjawan said BKPM chairman realization of investment growth in the second quarter of this year exceeded government expectations that only 15%. This shows that the confidence of foreign investors and domestic investment climate in the country is getting better. “So far, I’ve ensure increased investment year-on-year, II/2010 quarter compared with last year’s second quarter was more than 40%. That total, both domestic and foreign business, rose,” he said after a coordination meeting in the office of Coordinating Ministry for People economy. According to him, the optimism was based on domestic investment (PMDN) and foreign direct investment (FDI) into the company submitted the Capital Investment Activity Report (LKPM).
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