THE MAGAZINE FOR FINANCIAL DIRECTORS AND TREASURERS
JULY 2002 ISSUE Home | Free email newsletter | Site map | Contact us 
 

COVER STORY
WORTH A SOVEREIGN
Petronas is Malaysia's most powerful company, with a bond rating higher than the country itself. Part efficient multinational, part secretive behemoth, the government-owned oil giant mixes world-class corporate governance, information management and capital structure with the jittery specter of government intervention. As such, CFO Datuk Ishak Imam Abas walks a tightrope.
read the entire story
 
FEATURE

A LITTLE CLARITY PLEASE
The traditional approach to budgeting takes too long, creates barriers to fleet-footed decision-making and fails to help companies deal with change in an increasingly uncertain world. Small wonder Asia's CFOs seek a better way.

 
FEATURE
ON THE LOOKOUT
More and more, finance chiefs find corporate strategy a part of their remit. Michael Moy, CFO of Hong Kong property company Hysan Development, believes the benefits are twofold: more focused goal setting, certainly, but also better finances.
 
FEATURE

SPIN DOCTORS
Smooth-talking CFOs have emerged as key players on China's burgeoning telecommunications scene. They're charged with selling the new regime of cut-and-thrust competition to financial markets and consumers - and loving every minute of it.

 
INTERNET EDUCATION
IN GOOD COMPANY
The internet provides a way for time-strapped executives to study at their own pace, in their own place.
 
RAISING CAPITAL

POLISHING A GEM
In the eyes of Chinese companies, Hong Kong's tarnished Growth Enterprise Market is regaining its luster.

 
DEALWATCH

THE MYSTERY OF 551 REVEALED
Hong Kong-based Tom Group has financed 19 acquisitions over the past two years by exchanging its stock at a set rate of HK$5.51. Intriguingly, its share price has been below that magical figure all the while. Just why do companies accept Tom shares at such a big premium to market rate?

 
TECHWATCH

SEEK AND/OR DESTROY
Confidential or ill-considered email can be a time-bomb, destined to destroy a company's reputation. A new breed of software ensures such missives implode before they do damage Instant messaging's rapid march.