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KLSE Market Comment Begin’g 20 July 2015

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Dear Subscriber, Trying to buy below value isn’t infallible but it’s the best chance we have. Our goal is to find under priced assets. How do we find them ? We could look for little known and not fully understood companies. Fundamentally questionable on the surface. Controversial, unseemly or scary. Deemed unrespectable for respectable portfolios […]

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KLSE News: 28 July 2015 – MY E.G Services Bhd yesterday obtained shareholders’ approval for the proposed acquisition of 22 storeys of stratified parcels forming part of a 45-storey corporate office tower at Empire City @ Damansara…

MY E.G Services Bhd yesterday obtained shareholders’ approval for the proposed acquisition of 22 storeys of stratified parcels forming part of a 45-storey corporate office tower at Empire City @ Damansara. Its Executive Chairman, Datuk Dr Norraesah Mohamad, said the RM155.3m acquisition would allow the company to centralise its operations and relocate all employees under one […]

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KLSE News: 27 July 2015 – Axiata Group Bhd plans to invest US$2.6m (RM9.9m) for a 70% stake in WSO2 Telco Inc, which will offer mobile Internet and fulfilment-exchange services to mobile telecommunication network operators…

Axiata Group Bhd plans to invest US$2.6m (RM9.9m) for a 70% stake in WSO2 Telco Inc, which will offer mobile Internet and fulfilment-exchange services to mobile telecommunication network operators. Axiata said WSO2Telco would be a joint venture between Axiata and WSO2 Inc, an open-source software firm. “The joint venture will leverage WSO2’s class leading open-source […]

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