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In Malaysia,selling off business assets is not very often heard of. Some Malaysian companies that practice divesting of business assets are Berjaya /Hong Leong group who takes profit not only from trading within its core business but includes the divestment of any business assets re:investment in associates/subsidiaries. So do we really have a concern [...] There is another new industrial Reit called Atrium Reit being approved by our Securities Commission. This Reit is targeted to be listed by Dec’06 and the assets proposed to be injected are three warehouses and a specially built office and factory complex worth a total of RM160mil. The properties with net lettable area of some [...] To conserve cash and for cash flow planning,when buying capital equipment,a business instead of paying outright using cash,it is usual to look for ways of spreading the cost of acquiring an asset,to coincide with the timing of the revenue generated by the business. The most common sources of medium term finance [...] Reported in The Star,MD,Wong Yee Keh of Ge-Shen Corp Bhd which is a plastic moulding manufacturer located in Johore Bahru showed a lot of optimism of its investment in Vietnam. Some interesting comments shared by him: the company had allocated about RM10mil from 2006 until 2011 for its Vietnamese operations in anticipation of [...] Recently,reported in The Edge Malaysia(16/10/06),is a relatively small M&A where one party (Nestle) announced that it is divesting its non-core product area and for operational efficiency and the other party (F&N) believe it is acquiring much synergies/benefits from this proposed deal. The proposed deal: Fraser &Neave Holdings Bhd (F&N) plans to acquire [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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