Proton Holdings Bhd as the national car maker should deserve some news on its restructuring.
Nothing seems to be going right since the departure of the ex-CEO, Tengku Mahaleel and the constructive criticisms from our ex-Prime Minister.
Like any GLC, it seems that Proton needs a shot in the arm to move faster with its so-called “wonderful […]

Reported in The Star:
“Starhill Real Estate Investment Trust’s (Starhill REIT) after-tax income of RM35.91mil for the year ended June 30 has exceeded its initial public offering profit forecast of RM32.3mil by 11.15%. This was achieved on revenue of RM50.74mil, trust manager Pintar Projek Sdn Bhd said in a statement yesterday A distribution of 3.4564 sen […]

REITS In Asia
Reported in The Reuters (21/7/2006):
“ REITs in Asia outside Japan generally have lower ratios of debt to assets than their U.S. and Australian counterparts.In the world’s three biggest REIT markets of United States, Australia and Japan, the average debt-to-total assets ratio ranges between 40 percent and 50 percent, Macquarie Bank research shows.
The […]

Reported in The Edge Malaysia:-
“ Bukit Katil Resources Bhd is in talks with a few new potential white knights after failing at its first attempt to rescue the financially distressed (PN4 status) company, its executive director S Ganesan said. Speaking to reporters after its EGM in Petaling Jaya on July 21 he said: “The obvious […]

Further to my article on the reasons for capital reduction, append below is an example to drawn upon: 

 Pan Malaysian Industries proposes 90% capital reduction:-

Pan Malaysian Industries Bhd (PMI) has proposed a 90% capital reduction as part of a capital reconstruction exercise to set off its accumulated losses totalling RM1.34 billion. The company, a PN17 company with […]