Reported in The Business Time (4/8/06)  regarding Carlyle’s proposed US$375 million (RM1.38 billion) takeover of Xugong Group Construction Machinery Co.
The interesting part of this deal:

it represents China’s first leveraged buyout;
though, China receives about US$40 billion (RM147 billion) a year in foreign investment, the proposed foreign takeover of established companies is a relatively new phenomenon and […]

Reported in The Star (3/8/06) regarding the world’s first listed ISLAMIC healthcare REIT

THE public issue of Al-’Aqar KPJ REIT, of 15 million shares has been oversubscribed by 4.13 times. It received 9,941 applications worth over RM73.1 million as against the issue size of RM14.3 million, MIDF Consultancy and Corporate Services Sdn Bhd said in a […]

In my earlier article on M&A, where:
Oji, Japan’s largest paper maker, officially launched a tender offer on Wednesday for sixth-ranked Hokuetsu in a rare hostile takeover deal that could exceed $1.4 billion and would create the world’s fifth-largest paper maker by sales
The interesting part about this proposed acquisition is:

hostile takeover scenes are not the norm […]

THE Securities Commission (SC) has set up on its website the reasons for rejecting the listing plans for initial public offerings (IPOs) in the first six months this year. Incidentally, since January to June this year, 28 companies out of 51 proposals submitted were rejected by the SC.
Of those rejected, 20 were meant for the […]

In my earlier articles on Bonus issue, we have place a lot of emphasis on understanding what is bonus issue and its purpose, mechanism and accounting treatment of bonus issue. I have also attached some local scenes on corporate round-up on bonus issue to reinforce a greater and practical understanding of bonus issue.
Next, we look […]