Merger & Acquisition
To many tycoons, 2015 is just another ordinary new year. But to Li Ka-shing, this year is his 17th consecutive year as the Hong Kong’s richest man. He increased his wealth by US$1.5 billion, largely due to hefty dividends. According to Forbes, as of January 2015, Mr Li, also known as Asia’s Superman has a […]
... written on Jan 10 2015Russian economy is in a mess without a nuclear bomb being unleashed, thanks to plunging oil prices. Sony and Hollywood are in a mess without a North Korean missile being fired, thanks to cyber terrorism. Thank God we do not need to use conventional weapon of mass destruction to achieve our missions. Technology and internet […]
... written on Dec 18 2014Everybody is superbly happy with the news that Burger King will marry Tim Hortons, and move in to Canada. Shares of Burger King (NYSE: stock) jumped 19.51% to $32.40 while Tim Hortons (NYSE: stock) rose by 18.91% to $74.72 after the closing bell on Monday. The only people who were upset with the merger was […]
... written on Aug 26 2014Finally, Malaysia’s national carrier which was founded in 1946 (then known as Malayan Airways) and later commenced operation as Malaysia Airlines System in 1972, dies a natural death. Well, that’s a polite way to bid farewell to the 68-year-old airline. In reality, Malaysian Airlines System (KLSE: MAS, stock-code 3786) or popularly known as MAS was […]
... written on Aug 12 2014Today, May 13th 2013, is a day that every Malaysian should remember. Approximately 44 years ago, racial riots happened hence the infamous May 13th 1969 black chapter in the country’s history. Nope, you shouldn’t remember the May 13th that happened 44 years ago but rather the May 13th that happens 44 years later, which is […]
... written on May 13 2013Dr. Colin Lee Soon Soo, the founder and former managing director of TMC Life Sciences Bhd (KLSE: TMCLIFE, stock-code 0101) has set up his own new fertility center after sold all his 120.4 million shares (at RM0.52 a share) in TMC to Singapore billionaire Peter Lim Eng Hock. This is an expected move since he […]
... written on Jul 30 2011Microsoft, the world’s largest software company, agreed to pay $8.5 billion cash for Luxembourg-based Skype. That was cool because both Google and Facebook were trying to acquire Skype as well. But Google doesn’t really need Skype because it has its own Google Voice. As much as Facebook would like to add Skype into its inventory, […]
... written on May 11 2011Germany’s Deutsche Boerse AG, the company that owns and runs Frankfurt stock exchange, could soon take over the American’s New York Stock Exchange. NYSE Euronext Inc., which also operates exchanges in Europe, said it is in “advanced discussions” about a possible merger with Deutsche Boerse. The merger would create the world’s largest trading powerhouse with […]
... written on Feb 10 2011Singapore Stock Exchange (SGX) and Australia’s stock exchange operator, ASX Ltd, have agreed to a $8.4 billion merger to create the fifth-largest listed exchange in the world. SGX offered a combination of A$22.00 in cash plus 3.473 of its own shares for each ASX share – valued ASX shares at A$48.00 each, 37% premium to […]
... written on Oct 25 2010Less than four months into a five-year term, South Korean President’s approval ratings have plunged to new lows with opposition politicians threatening to boycott Parliament. Everything started when Lee decided to remove restrictions on U.S. beef which sparked widespread protests over food safety. Mad cow disease or not, Lee was seen as too eager to […]
... written on Jun 10 2008
