(AFX UK Focus) 2010-05-29 20:13 Fisker raises equity, says to launch car soon
LOS ANGELES, May 29 (Reuters) - Fisker Automotive said on Saturday it has raised $35 million of private equity to close a $189 million funding round that will allow the company to launch its plug-in hybrid electric car. The total includes the $115 million Fisker said it had secured in January, when it cleared a key financing hurdle to draw on U.S. government loans. The administration of ...
Loaning money doesnt pay
MALAYSIA - The luxury car and big bungalow, many are lured into the money lending business by the promise of a good life. When he was 28, small businessman Wilson Chong also believed that if he went into that line, he would be set for life.

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