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- W2523706082 abstract "The chairman of United Temiang (FMS) Rubber Estates, B. Russell, probably exaggerated slightly when he formulated the board’s conclusion: ‘We may be wealthy but there is no point in throwing money down the drain’.1 The occasion was an extraordinary general meeting of shareholders of this rubber firm within the Guthrie group held on Tuesday, 29 December 1959. Annual profits at the time neared £49,000 or 20% of issued equity in United Temiang, but there was no room for extravagant investment plans. The imminent dangers and the many casualties of the Emergency in Malaya had produced a policy of extreme caution among British managing agencies symptomatic for foreign investors in general in Southeast Asia between the 1940s and the 1960s when uncertainties abounded even with respect to the very near future. Few could imagine how dramatically this was all going to change again in the 1960s." @default.
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- W2523706082 date "1998-01-01" @default.
- W2523706082 modified "2023-09-23" @default.
- W2523706082 title "Low Tide and High Hopes" @default.
- W2523706082 doi "https://doi.org/10.1057/9780230389137_5" @default.
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