Archive for October, 2006
Financial Strategy: Divesting Non-Core Business
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 here? [...]
October 30, 2006
Posted in: Financial Strategy 
No Comments
More Reits In The Pipeline
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 [...]
October 30, 2006
Posted in: Activity-Based Costing No Comments
Medium Term Financing- Hire Purchase and Leasing Facility (Part 1)
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 for [...]
October 26, 2006
Posted in: Sources of Financing One Comment
Ge-Shen Sees Equal Sales From Local, Vietnamese operations by 2010
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 good business [...]
October 26, 2006
Posted in: Vietnam No Comments
F&N in RM310m Deal With Nestle
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 the Nestle [...]
October 24, 2006
Posted in: M&As No Comments
GCH Retail Has Bid For Makro
Besides organic growth, hypermarket giants has frequently embarked on acquisition trail to buy up other chains as a quick way for its expansion plan. ( refer earlier article on reasons for companies to go M&A trail.)
Recently, reported in The Edge (6/10/06), there is this proposed acquisition by GCH Retail for Makro:
“GCH Retail (Malaysia) Sdn Bhd [...]
October 24, 2006
Posted in: M&As No Comments
S&P Assigns BBB- To AmanahRaya REIT
Standard & Poor’s Ratings Services recently assigned its ‘BBB-’ corporate credit rating to AmanahRaya Real Estate Investment Trust (AmanahRaya), a real estate investment trust (REIT) in Malaysia.
This stable outlook on AmanahRaya reflects the REIT’s stable rental income, long lease maturity profile, and a high level of tenant security deposits. Other factors included is the the [...]
October 24, 2006
Posted in: Activity-Based Costing No Comments
