61. There are worries overseas that mutual funds could sell off Asian equities to prevent further erosion in their asset value. 62. Though some lenders wanted daily information about asset values and positions, Long-Term refused to give it. 63. Trevino said Cemex could find opportunities in Asia as market turmoil reduces cement company asset values there. 64. Yield-sensitive life insurance stocks, whose asset values reflect the value of their substantial fixed-income holdings, fell as gilts weakened. 65. Perhaps we shall see asset values shrink to less than half of their recent values. 66. And in line with its current accounting practice the diminution in asset value was reflected in the net income, hence the lower dividend payout. 67. But we can expect to see a continuation of falling asset values, albeit at a more moderate rate of decline, for some considerable time. 68. Dr Mahathir, who is BN chairman, said the share value had dropped to below the asset value of the companies, so they would not lose anything. 69. If not, all asset values will rapidly disappear as a massive value destruction takes place. 70. If they have a combined net negative asset value, the proposed merger deal with KTT may be aborted. |
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