Please Look for Malaysia Bursa listed company which acquire an establish western company

Due to the globalization, a company need to go out of Malaysia in order to growth. It need to be a global company which will be well recognized in the world . If you cannot become a global company, then please acquire one if you afford. This is exactly what happen to the following companis, which deserved our closer look.

Genk - January 10, 2008 – Malaysian investment group KNM Berhad has reached an agreement to acquire the Flemish concern, Ellimetal, a specialist in the engineering and construction of silos and specialized process equipment. Price tag of the deal is EUR 20 million.

02-Sep-2002 - Malaysian plantation group IOI Corp is buying the Unilever group's speciality oils and fats division for RM814 million (€218.5m), a move that will give it an instant market presence and manufacturing facilities in Europe, North America and Latin America.

05-22-2002 YTL Power International Bhd, through its wholly-owned subsidiary YTL Utilities (UK) Ltd, has completed its acquisition of Wessex Water Ltd (Wessex) from Azurix Europe Ltd for STG1,239.2 million

Below are Berkshire's Porfolio based on the 2008 Annual Report and the selected Malaysia Companies in Bursa in the similar industries.

Coca Cola (F&N, Dutch Lady)
Wells Fargo & Company (LPI Capital)
American Express (Public Bank)
The Procter & Gamble - Not Applicable
Burlington Northern- Not Applicable
Johnson & Johnson - Not Applicable
Kraft Foods Inc (Nestle)
U.S. Bancorp (Commerce Bank)
Tesco plc (AEON, PARKSON)
POSCO (KINSTEEL, LION DIVERSIFIED)
Anheuser Bush(CARLSBERG,GUINNESS ANCHOR )
Moody Corporation -Not Applicable
Sanofi-Aventis (Pharmaniaga)
Conoco Philips (YTL Power)
The Washington Post (The Star)
Wal-Mart Stores ( Parkson, AEON)

WCT – SHINE FORVER

With oil price traded at USD100 a barrel, the value of total proven oil reserves in the world is USD121 trillion. However, USD48 trillion or closed to 40% belong to Middle East Countries.
The annual oil exports from Middle East countries estimate USD1.3 trillion per year. With the risk of recession due to sub-prime that will have significant impact on the world economy, the only region that will continue enjoy prosperous grow with too much petrol-money to continue flow in are Middle East Countries. Thus, it has benefit WCT which has significant present in Middle East.

- It is the most established amongst all the Malaysia contractors in the Middle East.
- It currently holds around RM7 billion worth of outgoing jobs in Middle East including :
*Abu Dhabi F1 Circuit, UAE
*Meydan Racecourse, Dubai, UAE.
*New Doha International Airport, Qatar
*Dukhan Highway, Qatar
*Bahrain City Center, Bahrain.
*Durrat Al-Bahrain, Highway, Bahrain.
*Dubai Storm Water, UAE.

Even the world economy crash, the Middle East Countries will continue enjoy prosperity with too much petrol money and continue to spend on those mega projects which will benefit WCT.