Archive for the 'Financial Strategy' Category
Dividend for TNB shareholders
0 CommentsReported in The Edge (31/1/07) Tenaga Nasional Bhd (TNB) is now reviewing its dividend policy to reward shareholders. This is particularly so with its rising spare cash so as to make this utility stock more appealing, especially to foreign investors.
According to Chief executive officer Datuk Seri Che Khalib Mohamad Noh:-
· when the company was […]
Exploring IPO In Vietnam
1 CommentInterestingly, Furniweb Manufacturing ( Vietnam) Co Ltd (FMV) which is a subsidiary of Malaysian public listed company, Furniweb Industrial Products Bhd was reported in The Star (22/1/07) to explore listing in Vietnam vide the Ho Chi Minh City Securities Trading Centre. Also, this might be the first time that a Malaysian corporate is looking into […]
Acquisition Strategy –Buying A Stake In The Acquiree’s Company
0 CommentsRecently reported in the Star (12/06), there is a smallish acquisition by public listed company, London Biscuits (confectioner) of acquiring a 20% stake in poultry player Lay Hong for Rm4.8m or #Rm1.07 per share.
This case is worth noting as London Biscuits is not interested in merely signing a long term supply contract with its supplier, […]
Evergreen Fibreboard Bhd To Buy Business Assets & Contracts
0 CommentsIn an acquisition, sometimes it’s advisable to look at the option of buying all/parts of its business assets, contracts, patents,etc instead of owning the company.
Reasons might be:
that acquirer might not want to entangle itself with the existing liabilities in the acquired company;
off-balance sheet liabilities that might be omitted during the due diligence( quite messy to […]
Financial Strategy: Divesting Non-Core Business
0 CommentsIn 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? […]
