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03-02-2008, 09:08 AM
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Australia has huge interests in Malaysia!
AMBC News
Australian Investments in Malaysia Growing AUSTRALIA was one of the top three investors in Malaysia last year, and indications are that this year there will be a stronger injection of investments. Australian High Commissioner in Kuala Lumpur Penny Williams told the Business Times she expects this year's rankings to remain as good as 2006, with ANZ Bank's investment in AmBank totalling more than RM2 billion, which is by far the biggest investment from Australia this year. Big projects in the pipeline are expected to include Lynas, Grange, Rio Tinto and AXA Asia Pacific. Australia and Malaysia, she said, have had a strong, long-standing commercial relationship, but with a relatively low level of investments until last year. In 2006, the figure was RM961 million, from RM597 million in 2002. Rio Tinto is partnering Cahya Mata Sarawak Bhd to build a RM7 billion aluminium smelting plant in Similajau, near Bintulu in Sarawak. Miner Grange Resources Ltd plans to start construction on Southeast Asia's first iron ore pellet manufacturing unit in Kemaman, Terengganu in 2010, with an initial capacity of 3.5 million tonnes, while Lynas Corp Ltd has proposed to build a RM200 million rare earth processing plant in Kemaman. Harvey Norman plans to open 20 more outlets within five years. It made its entry into the Malaysian market with its first RM10 million outlet in Petaling Jaya. ASX-listed Cell Aquaculture has invested in a 30 per cent stake in Terengganu Cell to produce 700 tonnes of barramundi fish a year, while BHP Billiton has set up an office in Kuala Lumpur to facilitate oil exploration activities with Petronas. Australian service providers in the financial sector, telecommunications and professional services are attracted to the more liberalised Asian services markets. Malaysia, Ms Williams said, now ranked as one of Australia's top service providers and had a market with huge potential. "Malaysia has similar legal and corporate governance systems, a solid body of Australian-educated alumni, a mini-cultural population, and a high level of English-spoken language competencies. Most importantly, it has a young, dynamic and growing consumer base for our service providers to tap into," Ms Williams is quoted as saying. She said the RM2.3 billion Australia invested in Malaysia during the first six months of this year included portfolio investment. Australia, which has the largest pool of investment funds in the Asia Pacific region, and with an investment funds asset pool that is the fourth largest in the world, is also looking to park private management funds in countries such as Malaysia. New economic growth corridors such as the Iskandar Development Region have aroused the interest of Australians, and Ms Williams said Khazanah Nasional Malaysia officials were expected to head to Australia next year to brief potential investors and service providers. Posted on 01 Nov 2007 by admin 
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03-02-2008, 09:19 AM
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I have found a Malaysian Message Board!
I will put a link there to KABOOM!
I will also spread the Word! Malaysia Stock Market Forum :: Index Investment Link Last edited by GeoMoney; 03-02-2008 at 09:22 AM.
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03-02-2008, 10:13 AM
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Updated Biocrude.us site!
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03-02-2008, 05:35 PM
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Our Canadian friends...
fredoboy is a good fellow... and a supporter from the iHub realm...
and speaking of our Canadian friends... Pennimon has been in absentia for a few weeks... anyone know why? I hope he has not been ill, or is otherwise unable to continue contributing to our forum here or elsewhere!
__________________
 "I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'" W. Buffett
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03-02-2008, 10:22 PM
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Borneo Oil Stock is on Fire!!!!!!!! Taking-OFF!!!!!!
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03-02-2008, 10:31 PM
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BRNL.KL Borneo Oil
Borneo Oil Berhad(Kuala Lumpur Stock Exchange)
Sector: Cyclical Consumer Goods & Services Industry: Restaurants As of 2:10am GMT0.83MYR Price Change+0.03 Percent Change+3.75% Analyst Recommendations Research a stock: symbol lookup Last Trade RM0.83 Trade Time 2:10am GMT Change +3.75% Prev Close RM0.80 Open RM0.79 Volume 3,157,000 Day's High RM0.84 Day's Low RM0.79 52-wk High RM1.79 52-wk Low RM0.59 Beta 1.70 Avg. Vol 2,047,490 1d 5d 3m 6m 1y 2y 5y max
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03-03-2008, 12:22 AM
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update to SSTP site
SSTP :: Customers & Partners
Partners Baytown Green Energy Project Borneo Oil Farmers Sustainable Energy International Natchez, MS U.S. Sustainable Energy Corp.
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03-03-2008, 12:24 AM
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SSTP :: News
News & Resources: News Sustainable Power pioneers commercialization with large-scale Asian expansion March 01, 2008 | FoxBusiness.com Borneo Energy Sendirian Berhad Acquires Equity Interest in Sustainable Power Corp. February 29, 2008 | Press Release Bio-crude becomes increasing focus of biomass industry February 29, 2008 | Reuters - Environment
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