Archive for July, 2006
Hokuetsu Paper Mill Prepares Poison-Pill Defence Against Its Aggressor Oji Paper
Reported in The Australian.news.com.au(26/7/06)
“HOKUETSU Paper Mills is poised to become the first major Japanese company to use a poison-pill defence after it rejected an unsolicited $US1.2 billion ($1.6 billion) offer from Oji Paper, Japan’s largest paper manufacturer.
Oji Paper threatened to launch a hostile tender offer after Hokuetsu failed to respond by Monday [...]
July 27, 2006
Posted in: M&As 
No Comments
AmInvestment Launched Property Fund To Invest In Properties & REIT
My articles reporting on the various REIT, interestingly, AmInvestment Group Bhd has newly-launched a fund called AmAsia-Pacific Property Equities (APPE) which invest only in properties and REIT
Further details (The Star 28/7/06) as follows:
AmInvestment Services Bhd chief executive officer Cheah Chuan Loke
APPE, which would invest in the Henderson Horizon Asia-Pacific Property Equities Fund, was suitable for [...]
July 27, 2006
Posted in: Activity-Based Costing No Comments
REDtone is Mesdaq’s largest dividend payer
Perhaps, with this record as the best dividend payout player in the Mesdaq’s market, more investors might want to include it into their portfolio hence enhancing its share price.
Reported in The Star(28/7/06)
REDtone International Bhd has emerged as the top Mesdaq-listed company;
in terms of dividend payout following its announcement of 4 sen interim dividend for the [...]
July 27, 2006
Posted in: Malaysia No Comments
Amanah Raya to enter REIT market
Reported In The Star (26/7/06)
“PUBLIC trustee Amanah Raya Bhd (ARB) will make an entry into the real estate investment trust (REIT) market by issuing a combination of conventional and Islamic funds worth approximately RM1 billion in the third quarter of this year.
The company will introduce its conventional REIT worth RM500 million first, followed by its [...]
July 26, 2006
Posted in: Malaysia No Comments
Outsourcing News: Australia To Outsource Bank Jobs To India
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Reported in the IBNlive.com ((Friday July 14, 02:03 PM)
The National Australian Bank (NAB) has said it plans to outsource 100 credit card processing jobs, with India being a possible destination. The decision to outsource is to bring in greater efficiency. A pilot programme of the NAB, in [...]
July 26, 2006
Posted in: ASIA PACIFIC REGION, Outsourcing No Comments
Foreign Exchange Strategies: Operation/Management Policy And Procedures
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From experience, I notice that the least area the financial executive would like to touch on is the policy and procedure on the foreign exchange management.
The main excuse is that the company does not frequently transact in FX dealings hence FX policy and procedure [...]
July 25, 2006
Tags: Foreign exchange strategies Posted in: Forex Management One Comment
HCA Takeover Bid A US Record Of US$32.7 Billion (Including debts)
Recently,there is a mega takeover bid of HCA which has a record bid of US$32.7 billion (plus debts). A consortium of a trio private equity group vide leverage buy-out has persuaded HCA’s to go private in view of HCA’s lackluster results,continuing gloomy future results and intense industry competition. This is at least avoid the extreme public scrutiny. However,if [...]
July 25, 2006
Posted in: M&As No Comments
