Golden Plantation Berhad: Proposed Acquisition of Plaza Cahaya

Golden Plantation Berhad (GPB) was incorporated on I October 1968 with its principal activities in those early years involving in the cultivation of sugar cane, processing of cane, refined sugar and its by-product in Dinding, Perak. GPB was officially listed on the Kuala Lumpur Stock Exchange (KL...

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Main Author: Fong, Chee Khuen
Format: Project Paper Report
Language:English
English
Published: 1999
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/8119/
http://psasir.upm.edu.my/id/eprint/8119/1/GSM_1999_4_.pdf
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author Fong, Chee Khuen
author_facet Fong, Chee Khuen
author_sort Fong, Chee Khuen
building UPM Institutional Repository
collection Online Access
description Golden Plantation Berhad (GPB) was incorporated on I October 1968 with its principal activities in those early years involving in the cultivation of sugar cane, processing of cane, refined sugar and its by-product in Dinding, Perak. GPB was officially listed on the Kuala Lumpur Stock Exchange (KLSE) and Stock Exchange of Singapore (SES) on 3 May 1971. However, trading of GPB's shares was suspended when the company ceased operation in 1975 due to continuing operating losses. With the completion of the relevant stages of Reconstruction Scheme, these shares were relisted on 1 November 1989. Subsequently, in compliance with Malaysia Government's policy and KLSE's requirement, GPB's shares were delisted from SES with effective from 1 January 1990. The Reconstruction Scheme in Feb 1989 had successfully restructured and transformed OPB by way of acquisition of income-producing oil palm plantation estates. Following another recent corporate exercise in 1995, GPB had ventured into two major businesses namely property development sector and hotel services sector by acquiring few pieces of landbank in the Klang Valley and the acquisition of Dyman Corporation (M) Sdn Bhd which owned the Century Hotel Kuala Lumpur (CHKL).
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language English
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publishDate 1999
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spelling upm-81192023-12-08T02:22:02Z http://psasir.upm.edu.my/id/eprint/8119/ Golden Plantation Berhad: Proposed Acquisition of Plaza Cahaya Fong, Chee Khuen Golden Plantation Berhad (GPB) was incorporated on I October 1968 with its principal activities in those early years involving in the cultivation of sugar cane, processing of cane, refined sugar and its by-product in Dinding, Perak. GPB was officially listed on the Kuala Lumpur Stock Exchange (KLSE) and Stock Exchange of Singapore (SES) on 3 May 1971. However, trading of GPB's shares was suspended when the company ceased operation in 1975 due to continuing operating losses. With the completion of the relevant stages of Reconstruction Scheme, these shares were relisted on 1 November 1989. Subsequently, in compliance with Malaysia Government's policy and KLSE's requirement, GPB's shares were delisted from SES with effective from 1 January 1990. The Reconstruction Scheme in Feb 1989 had successfully restructured and transformed OPB by way of acquisition of income-producing oil palm plantation estates. Following another recent corporate exercise in 1995, GPB had ventured into two major businesses namely property development sector and hotel services sector by acquiring few pieces of landbank in the Klang Valley and the acquisition of Dyman Corporation (M) Sdn Bhd which owned the Century Hotel Kuala Lumpur (CHKL). 1999-07 Project Paper Report NonPeerReviewed text en http://psasir.upm.edu.my/id/eprint/8119/1/GSM_1999_4_.pdf Fong, Chee Khuen (1999) Golden Plantation Berhad: Proposed Acquisition of Plaza Cahaya. [Project Paper Report] Golden Plantation Berhad Acquisition of property - Malaysia Industrial management - Malaysia English
spellingShingle Golden Plantation Berhad
Acquisition of property - Malaysia
Industrial management - Malaysia
Fong, Chee Khuen
Golden Plantation Berhad: Proposed Acquisition of Plaza Cahaya
title Golden Plantation Berhad: Proposed Acquisition of Plaza Cahaya
title_full Golden Plantation Berhad: Proposed Acquisition of Plaza Cahaya
title_fullStr Golden Plantation Berhad: Proposed Acquisition of Plaza Cahaya
title_full_unstemmed Golden Plantation Berhad: Proposed Acquisition of Plaza Cahaya
title_short Golden Plantation Berhad: Proposed Acquisition of Plaza Cahaya
title_sort golden plantation berhad: proposed acquisition of plaza cahaya
topic Golden Plantation Berhad
Acquisition of property - Malaysia
Industrial management - Malaysia
url http://psasir.upm.edu.my/id/eprint/8119/
http://psasir.upm.edu.my/id/eprint/8119/1/GSM_1999_4_.pdf