Saturday, August 06, 2005

ada apa dengan marriage?

There are many similarities between a good marriage and a good listing exercise. For both, a good track record is important, and both require approval from the authorities, the parents in one case, and the Securities Commission in the other case."
"Both require the avoidance of conflict of interest situations. And in both cases, we need to take care of minority interest (in the case of marriage this refers particularly to the mother-in-law)."
"A marriage and a listed company must avoid speculative investments, adding in the case of marriage, well you know what it means."
"While dual listings are possible and sometimes legal, the normal and safe thing to do is to have a single listing."
"You must avoid undertaking a delisting exercise, unless you meet the conditions of the Securities Commission, namely you are a PN4 case (referring to a financially-distressed company) or you are a PN10 case (a company that has no more activitities)".
- Tan Sri Nor Yakcop, Bernama, February 14, 2005