Guthrie fans focus on property prospects

Article Abstract:

Malaysian plantation firm Kumpulan Guthrie is bent on shifting its focus on commercial property development as a result of the disastrous situation in the plantation crop sector, which is characterized by price declines especially in the case of palm oil and rubber. The company has suffered as much as a 73% decrease in profits because of this situation. It owns the biggest plantations in Malaysia.

Vegetable oil mills, not elsewhere classified, Other Oilseed Processing, Palm Oil, Forest products, Natural Rubber, Forest Nurseries and Gathering of Forest Products, Investments, Rubber industry, Fats and oils industry, Oils and fats industry, Kumpulan Guthrie Bhd.

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Election could boost stocks

Article Abstract:

Financial experts believe that the upcoming general elections in Malaysia on Sep 1999 is expected to create significant gains for the country's market index. Top government officials, including Premier Mahathir Mohamad, firmly believe that the elections would boost local confidence. Some observers even claim that some political figures are likely to use the stock market as a financial leverage.

Securities and Commodity Exchanges, Securities Exchanges, Malaysia, Economic aspects, Stock-exchange, Stock exchanges, Exchanges, Political aspects, Elections

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