Buy SapuraCrest Petroleum RM2.60- Report by Standard & Poor's
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Sony unveils 4 new VAIO Series
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Main board-listed maker and trader of mosaic and ceramic tiles Malaysian
Mosaics Bhd (MMosaics) may soon be taken private, according to sources.
Source by The Edge
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EPF To Pare Down Stake In RHB Capital By Mid-2011
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KUALA LUMPUR, June 28 (Bernama) -- The Employees Provident Fund (EPF)
will pare down its stake in RHB Capital to 40 per cent by mid-2011,
Chief Executive Officer, Tan Sri Azlan Zainol said. "We have to sell
down to 40 per cent by the middle of next year," he told reporters on
the sidelines of the Securities Commission-Bursa Malaysia Corporate
Government Week here on Monday. He said the state pension fund has not
yet identified potential buyers for its 57 per cent stake in the country
fourth-biggest bank by assets. Meanwhile, Azlan said EPF aims to grow
its overseas investment to between 10 and 15 per cent next year from
only seven per cent at present.
"We want to look at bond papers as well as properties," he added.
The EPF already has investments in Australia, Europe, the United States
and South East Asia. -- BERNAMA