ABC Learning shares tumble amid debt fears

Article Abstract:

Shares in Australian child care provider ABC Learning Centres Ltd. dropped 43% as concerns over the firm's debt led hedge funds to sell shares short. Shares closed for ABC Learning at A$2.14, down by A$1.60. The loss for Temasek Holdings Private Ltd., ABC Learning's largest shareholder, is approximately A$282 mil.

Australia, Child care services, ABC Learning Centres

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Saudi Telecom snaps up stake in Malaysia's Maxis

Article Abstract:

Saudi Telecom Co. will purchase a 25% stake in Malaysian mobile operator Maxis Communications Bhd., and a 51% stake in the firm's Indonesian unit. The two companies will then invest $900 mil jointly to expand Maxis' operations in India.

Joint ventures, India, Saudi Arabia, Malaysia, Company joint venture, Saudi Telecommunications Co., Maxis Communications Bhd., 5051

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Temasek: the perils of being Singaporean

Article Abstract:

The impasse surrounding Temasek Holdings' $3.7 billion investments in Shin Corp. is discussed.

Singapore, Thailand, Shin Corporation PLC

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