As flagship of booming Malaysian state, Sarawak Enterprise is a promising bet
Article Abstract:
Malaysian brokerage houses are recommending the purchase of Sarawak Enterprise stocks to investors despite its high price. They believe that state-owned Sarawak will become the main beneficiary of state privatization plans. The stock was valued at 5.40 ringgit per share as of Apr. 12, 1996 and trading at nearly 43 times the expected earnings for 1996. Additional earnings are also expected from the sale of electricity and the privatization of roads, bridges and waterworks.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Two Malaysian, Indonesian firms pour cash into contentious Sarawak pulp mills
Article Abstract:
Two joint-venture partnerships, one between Malaysian firm PWE Industries Bhd. and Indonesia's Raja Garuda Mas Group and the other between Singaporean-based Asia Pulp and Paper Co. and state-owned Sarawak Timber Industry Development Corp., have sunk huge investments on two pulp mills located in the coastal town of Bintulu. The two mills, which have a combined cost pf 4.75 billion ringgit, will add to Malaysia's pulp-making capacity.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Analysts turn bearish on shares of Malaysian cable makers
Article Abstract:
Most analysts have downgraded their rating of Malaysian cable manufacturing firms in view of recent developments, including Telekom Malaysia's decision to cut back on copper cable orders. Analysts state that increasing competition and the general shift from copper to fiber optics has substantially decreased the appeal of Malaysian cable companies. Investors have been strongly advised to sell their holdings.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: A market gem of a listing. Seagram awaits Foster's arrival. Overhaul for Mac masterwork
- Abstracts: Ahead of its time: Malaysia's futures exchange is going nowhere fast. Into high gear: Malaysia plans to launch national motorcycle
- Abstracts: Desktop mapping steps into faraway territories. Vietnam is virgin land for fast-food chain AFC. U.N. report paints a mixed picture of women's advances over 20 years
- Abstracts: Little guys, big fish: for these shark-hunters, the danger is the big boats
- Abstracts: Like father, like sons. Warning shot: Malaysia's economy needs a dose of discipline