As at yesterday, there were a total of 17 PN17 companies, which represents 1.65 per cent of the total 1,030 companies listed on Bursa Malaysia.
Reported in The BT (5/8/06) that

Bursa Malaysia Bhd has started delisting procedures against Polymate Holdings Bhd, where the plastic product manufacturer was served with a notice yesterday. Polymate has five market […]

Landmark is trying to kill two birds with one stone by proposing to place new shares of Rm45.5 million based a price of Rm1.54 per share  to fend off a takeover and to reduce its debt .This amount represents one tenth of its net borrowing. Based on 8.25% interest rate, there might leads to an estimated interest […]

Continued from my earlier article on the hostile takeover by Oji Paper;
Reported in The Star (3/8/06)
 
“A hostile takeover battle between two Japanese paper makers is causing headaches for the country’s second biggest bank, Mizuho Financial Group, which has ties to both companies as both a primary lender and shareholder.”

To add more headaches,  the banker also […]

Reported in The Business Time (4/8/06)

“Debt funding for Asian buyouts has exploded this year and bankers expect borrowing activity to intensify as a growing flow of private equity seeks returns from leveraged buyouts in the region.

Buyout houses such as Kohlberg Kravis & Roberts and Carlyle Group are among a growing number of investors to set […]

Reported in The Business Times(4/8/06)

The results for the annual award from FinanceAsia, a financial business magazine published in Hong Kong for last year have came out.

Basic details on this financial award:

This award is based on 253 responses from institutional investors, fund managers and equity analysts from 15 countries, as it searched for the best companies […]