Ranhill said in a statement that the consortium, to be known as Ranhill-DDFC Group Consortium, have agreed to execute the contract of the project awarded to them by Pakistan Petroleum Ltd (PPL) at the value of US$20.999mil on a joint and liability basis with Ranhill being the consortium leader. – Bernama
BHD said unit EIG Pharma Asia Pacific Sdn Bhd had secured exclusive three-year rights to market the products of its parent, as well as those of US-based Vitogen Inc, in 10 countries. The marketing rights include selling, distributing, promoting and repackaging the products, it said in a statement.
The 10 countries are Malaysia, Brunei, Hong Kong, Singapore, Indonesia, Vietnam, Cambodia, Thailand, the Philippines and South Korea. – AFX-Asia
BHD is proposing to acquire the entire paid-up capital of Sachiew Plantations Sdn Bhd – 70% from Malayawata Steel Bhd for RM7.96mil and 30% from Zainal Abidin Ahmad for RM6.5mil. It said Sachiew, which is involved in cultivation of oil palm and sale of palm oil produce, held a provisional lease of 3,720 ha in Miri. At present, 69% of the estate is under oil palm cultivation.
Sachiew is a joint defendant together with the Sarawak government, Land Custody and Development Authority, Tradewinds Plantation Services Sdn Bhd and Johnson Enterprise in a legal suit brought about by a few parties.
In a statement, BSA said it had signed a memorandum of understanding (MoU) for the proposed acquisition, adding that both parties were expected to sign a formal agreement at a later date. – AFX-Asia
The ad agency said in a statement that the exercise would cover not only communications but also the stations' future programming content.
“Amid the increasing number of competitors and new technology, terrestrial TV seems to have lost its lustre with viewers in terms of content and appeal.
Realising it does not necessarily need to be so, Naga DDB will try to rejuvenate the image of the TV1 and TV2, and offer a unique proposition to viewers,” it said.
“Leo Burnett is the only agency which received an outstanding nine out of a maximum score of nine in the vote,” the agency said in a statement.
Media said: “What Burnett did better than others was its consistency – not necessarily tops in any market, but it had less under-performing offices.
The network is also growing where it matters most. Below-the-line offering, never the agency's strongest point, grew significantly in the area of promotions and interactive.”
Ogilvy PR said in a statement that the Holmes Report cited its strengths as a worldwide network and specifically its impressive performance in Asia-Pacific in the last few years.
“Today Ogilvy has the strongest network in the (Asia-Pacific) region – believed to be number one in terms of revenues, staff and offices,” the publication said.
Its divisional general manager for marketing, Khoo Thiam Hock, said in a statement that the launch was one of the company's strategies to build on its present 20% share of the highly competitive ice-cream market.
“We have invested more than RM9mil in marketing cold chain management and are now increasing our ice-cream freezer network nationwide,” he said.
·KENNY ROGERS ROASTERS INTERNATIONAL LTD BVI (KRR) has been awarded the development rights for the whole of China.
KRR and Roasters Asia Pacific, the master franchisee for Asia-Pacific, executed a master development agreement on Wednesday last week.
Present at the signing were Gao Guo Ling, attache to the China Embassy, a representative from the Malaysian Franchise Association and representatives from the Ministry of Entrepreneur Development.
It said in a statement that the contract would take effect from September 2005.
Ranhill said in a statement that the consortium, to be known as Ranhill-DDFC Group Consortium, have agreed to execute the contract of the project awarded to them by Pakistan Petroleum Ltd (PPL) at the value of US$20.999mil on a joint and liability basis with Ranhill being the consortium leader. – Bernama
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