IOI fans my have hit oil

Article Abstract:

IOI Corp. is acquiring Business Focus (Sabah) Sdn. Bhd., which owns palm oil plantations, from its corporate parent Business Focus Sdn. Bhd. for $29.7 million, a price that securities analysts consider cheap. Business Focus (Sabah) owns palm oil plantations totalling 13,000 hectares. Securities analysts believe IOI Corp. got the company on the cheap because Business Focus Sdn. Bhd. Amin Shah likely is faced with large debts due to the economic crisis enveloping Malaysia.

Vegetable oil mills, not elsewhere classified, Other Oilseed Processing, Palm Oil, Mergers, acquisitions and divestments, Fats and oils industry, Oils and fats industry, IOI Corp., Business Focus (Sabah) Sdn. Bhd., Business Focus Sdn Bhd

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Kian Joo wins praise

Article Abstract:

Malaysia's Kian Joo Can Factory Bhd. is praised by securities analysts for its ability to take price adjustments that effectively pass on any cost increases to its customers, thus enabling it to maintain its profit margins. A make of aluminum and tin cans, Kian Joo Can Factory has seen its stock price increase by 70% since Feb 1998, and analysts report that there is room for an additional 30% increase in its share price.

Metal cans, Metal Can Manufacturing, Aluminum Cans, Tinplate Cans, Management, Container industry, Cans, Kian Joo Can Factory Bhd., Tinplate

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Bit by bit, SDS floats under its own steam

Article Abstract:

SDS Corp., the Perth, Australia-based vendor of drilling equipment for the mining industry, has a tough time getting its stock listed on the Australian Stock Exchange due to the collapse of the price of gold, problems with its prospectus, and the defection of its underwriters. The stock is being listed, and while SDS will be recommended by few brokers, it has great potential.

Mining Machinery and Equipment Manufacturing, Mining machinery, Mining Equip NEC, Securities, Construction equipment industry, SDS Corp.

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