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UBG Aye to EPF despite Higher Offer from EON Capital

After successfully controls RHB Bank group’s parent, Rashid Hussain Bhd (KLSE : RHB, stock-code 1309), Malaysia’s state pension fund Employees Provident Fund (EPF) said it would stays as a long-term investor and would appoint professional managers to run the bank. EPF which owns about 30.9% of R [...]

Which Group of Investors Bleeds The Most?

Isn’t it fantastic the way stock markets plunged the way it did recently? And you can be sure of the panic painted on the face analysts, politicians, fund managers and economists. When these people started shouting “Fundamentals are intact and still strong” it can only mean one thing – there [...]

ASTRO Bullying Customers But Minister Is Helpless

Just before the start of Chinese Lunar celebration, I wrote about how Malaysians cheered proudly the launching of Measat-3 into orbit by foreigners from the launch pad of Baikonur Cosmodrome, Kazakhstan. Astro All Asia Network Plc (KLSE: ASTRO, stock-code 5076) which monopolize the pay-TV sector hop [...]

Check Traffic Before Start Your Journey

Everyone hates traffic, what more if you’re late for an important appointment, be it business or a date appointment. For some it’s the worst thing that can happen to their lives. Google Inc. (Nasdaq: GOOG, stock) has comes a long way from being just a search portal. Google’s offerings have sin [...]

Genting Intl Lost Poker Game – Pull Out From Macau Deal

As expected, Genting made a wise decision (as if it has other choice) by pulling out from the proposed partnership with Macau gambling tycoon Stanley Ho. Genting International said it would sell its 25 percent share of a Macau joint venture to Star Cruise Ltd (SIN: S21) for HK$58.5 million ($7.5 mil [...]

Insider Trading Exposed – What's The Big Deal?

Federal authorities had exposed one of the most far-reaching insider trading schemes on Wall Street in decades, involving four investment banks and a web of hedge funds, day traders, lawyers and even a few supervisors, who upon discovering evidence of insider trading, blackmailed the traders to keep [...]

Warren Buffet Is Hiring – Young CIO

The main difference between the longevity of Eastern and Western managed companies is in the succession plan. Most easterners passed on their business legacy to their immediate family members (normally sons) because they believe their decades-built empire should be kept within their own family membe [...]

Aladdin's Flying Into Malaysia – Helping MAS's debt problem

A firm, Kingdom Langkawi, linked to Saudi Prince Alwaleed bin Talal has agreed to buy the hotel and boutique unit of Malaysian Airline System Berhad (KLSE: MAS, stock-code 3786) for $124 million. An indirect subsidiary of Kingdom Hotel Investments, a firm affiliated to Alwaleed, will pay 435 million [...]

China Sneezes, U.S. Catches Cold and Others Panic

Investors continue to dump Asian shares and emerging market bonds on Wednesday as a global sell-off gathered steam after Wall Street stocks shed more than 3 percent overnight. Hong Kong's Hang Seng Index opening 3.58 percent lower. Japan's Nikkei average was off by 3.56 percent, Australia's benchmar [...]

Singapore Set To Punish – Will Genting Get Casino License?

Singapore authority is seriously MAD at Genting Berhad (KLSE: GENTING, stock-code 3182) and is set to teach the junior Lim a painful lesson he’ll never forget for the rest of his life. If today’s statement is any indicator to goes by, Genting’s two affiliates Star Cruise Ltd (SIN : S21) and Ge [...]


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