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Wah Seong in RM75mil Congo palm oil venture

PETALING JAYA: Wah Seong Corp Bhd is buying a 51% stake in Atama Resources Inc for US$25mil (RM75.3mil), giving it access to a concession for an oil palm plantation in Congo.

Gold prices rally seen

KUALA LUMPUR: Gold prices are expected to rally this year with an average forecast of US$1,975 per ounce, serving as a good hedge against global uncertain environment.

Labuan FSA investigates Pubel Bedford

PETALING JAYA: The Labuan Financial Services Authority (Labuan FSA) is conducting investigations on Sabah-based Pubel Bedford Capital Ltd pursuant to the relevant provisions of the Labuan Financial Services Authority Act 1996 (LFSAA) and the Labuan Financial Services and Securities Act 2010 (LFSSA).

• MARC downgrades Perwaja notes
• F&N Q1 profit falls sharply on loss of Coca-Cola business, Thai floods
• MARC keeps rating on IJM Corp notes
• No progress from Tricubes
• Maxbiz to appeal against delisting
• AirAsia JV gets certifi cation
• Hibiscus clarifies results
• Up close and personal with Hans De Cuyper
• Your 10 questions for Serap Ataay

Cover feature

• More than 90 projects worth billions to be farmed out by April
• MRT Co speeding up the award of contracts
• Construction sector to gain more
• More than 10,000 migrant workers needed for the MRT project
• Locations of two more mass rapid transit lines identified

View Points

• Numbers you can trust?
• TNB’s woes continue unabated
• Nothing ventured, nothing gained
• A conscientious budget
• Where is your pipeline of leaders?
• Development of Malaysia’s bond market is still assured despite global turmoil

Companies & Strategies

• Banking on nature attractions
• CSL plans to file IPO on Bursa Malaysia by this month
• New Hoong Fatt looks to strengthen regional presence
• Urgent need for framework on gas importation

Billings & Advertising

• ABC workshop on co-existence of traditional and digital media
• Brands need to react fast to remain competitive

Land & Property

• MBAM bullish on construction sector
• Need for master planner of affordable housing

My Money

• Things to do before you invest in fitness equipment

News

• Tan: How I made money from Facebook
• India’s move to withdraw cellular licences won’t hurt Axiata
• Tabung Haji declares 6% bonus
• Positive views on PTPN merger
• Tun M: Selling off Lotus a viable option
• Muhibbah may see positive change in APH deal

Books

• Labour of love
• Snapshorts

Economy

• Fed move brings cheer to markets

Stocks

• Study shows smart hands at work
• Global foreign exchange market
• Eye on stock

Foreign News

• Panasonic sees record US$10b annual loss
• India, EU try to break logjam over carbon tax
• CEO: Telenor may quit India
• SMX to launch black pepper futures contract
• Wegelin charged with helping to evade taxes
• Insiders, rating firms depict MF Global risk hunger
• Petroplus refineries draw more suitors
• Euronext, D Boerse end merger plans
• 12 banks probed over interbank rates