Thursday, September 1, 2011

Hong Leong Asia heads in new direction

CEO Francis Yuen wants to drive the company into new markets and products, and tweak its portfolio of operating units. The result could be reduced exposure to China. Why is he steering the group away from the region’s biggest economy? What does it mean for investors? Issue 488 of The Edge Singapore is on sale at newstands and on Singtel's iPad2.

Also inside Issue 488 (Sep 5-11)

  • The Week: Manu Bhaskaran: Presidential election: No need to fear populism
  • Downtown Line adds new growth dimension to SBS, ComfortDelGro
  • Asiatravel.com hunts for suitor amid heightened competition, surging advertising costs
  • Olam targets US$1 bil profit on expanded supply chain; buys sugar mill in India
  • Second Chance aims for $1 bil market value by 2022
  • AusGroup regains investor confidence in project execution with former CEO at helm
  • Cosco’s woes mount on falling margins, dwindling orders for bulk carriers
  • GLP goes on acquisition spree in China and Japan with distinct strategies
  • Is ThaiBev’s beer business recovery sustainable?
  • Kian Ann rides commodity boom to record full-year net profit
  • Assif Shameen: TV wars are about to get uglier
  • Troubled Sino-Forest moves one step closer towards liquidation
  • Big Money: Assif Shameen: TV wars are about to get uglier
  • Cap 1: Tough to stay rich: Singapore’s millionaires increasingly dependent on equities to grow wealth
  • Right Timing: Goola Warden: Approaching resistance
  • Daryl Guppy: Shanghai’s soft fall

Investing Ideas:

  • Singapore REITs: Cloudy rental outlook for office properties, while shopping malls offer more resilience

Insider Moves:

  • Chairman of Otto Marine raises stake in offshore marine group

Subscribe to The Edge here.

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