AIG resists incorporating units

Article Abstract:

The American International Group is refusing a demand by the government of Malaysian Prime Minister Mahathir Mohamad to incorporate domestically its two operations in Malaysia. AIG's operations control 15% of Malaysia's general and life insurance market.

Management dynamics, Management, Insurance industry, American International Group Inc., Company business management, AIG

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Pernas to speed asset-sale plan amid warning

Article Abstract:

Pernas International Holdings Bhd. could see its private debt securities downgraded by the top Malaysian rating agency. The warning is causing Pernas to accelerate a plan to sell off assets.

Diversified Companies, Strategy & planning, Financial management, Securities issued, listed, Planning, Finance, Holding companies, Securities, Company securities, Company business planning, Company financing, Pernas International Holdings Bhd.

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Malaysian court sentences Anwar to nine years in jail

Article Abstract:

A court sentences former Malaysian deputy premier Anwar Ibrahim to 9 years in jail on a sodomy conviction. Coupled with a previous corruption conviction, he may remain in jail until 2014.

Cases, Brief Article, Political aspects, Sodomy, Anwar, Ibrahim

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