Newspaper article from our research archive:

KLCS set to acquire Alor Setar Securities Sdn Bhd very soon


New Straits Times
08-18-2000
KLCS set to acquire Alor Setar Securities Sdn Bhd very soon
Edition: Main/Lifestyle; 2*
Section: Business

KUALA LUMPUR City Securities Sdn Bhd is expected to confirm the purchase of its fourth stockbroking firm, Kedah-based Alor Setar Securities Sdn Bhd, this week.

Alor Setar Securities is owned by property developer Ideal Appraisal Sdn Bhd.
Sources said Ideal Property, linked to KFC Holdings (M) Bhd's major shareholder Izhar Sulaiman, is forced to sell Alor Setar due to the Securities Commission's guidelines pertaining to the consolidation of the stockbroking sector.

The SC announced on June 12 that a group that has stockbroking interest is not permitted to ...

Related newspaper, magazine, and journal articles:

See all results. Or, try our Advanced Search.

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 60 million articles! Access over 3,500 publications with a FREE trial!