Hai San and Sons shall complete the facility within six months from the approvals of the drawings of the building and machinery by the tenant or the date of the agreement, whichever is later. – Bernama
Jin Lin is an affected listed issuer pursuant to paragraph 2.0 of PN4 as its quarterly report for the period ended June 30, 2004 showed a deficit in adjusted shareholders' funds of RM6.48mil. – Bernama
The share sale agreement provides the terms and conditions for the sale of 900,000 ordinary shares of 10 Pakistan rupees each, representing 30% equity interest in Qaiser Noman Bernas (P) Ltd (QNB) to other shareholders for a cash of 33 million rupees.
Upon completion of the divestment, BOL now holds 20% equity interest in QNB. – Bernama
“Hai-O will also assist these entrepreneurs on business opportunities in China and identify suitable products from China to be imported and marketed in Malaysia,” the company said in a statement.
Hai-O distributes Chinese medical products. – AFX-Asia
The capital injection would raise Ocean Electrical’s paid-up capital to RM15mil, PJI said in statement. – AFX-Asia
“The additional investment will be more reflective of the proposed new operations and assets to be employed in Khind-Mistral,” Khind said in a statement.
It did not elaborate on the investment or assets. – AFX-Asia
Parent United Engineers (M) Bhd is taking the highway maintenance service provider private. – AFX-Asia
Komarkcorp also said it had on July 1 repatriated the profits from its overseas subsidiary, Guangzhou Komark Labels & Labelling Co Ltd, via the declaration of dividend amounting to some RM2.3mil.
The repatriation of profits will not have an impact on the performance of the group for the financial year ending April 30, 2005, as there will be no cash movement on a consolidated group basis. – Bernama
The additional investment will be more reflective of proposed new operations and assets to be employed in Khind-Mistral.
The investment in Khind-Mistral is not expected to have material effect on the earnings or net tangible assets of the company for the year ending Dec 31. – Bernama
Its net asset value per share also increased to RM1.41 each.
The increase was due to the return of strong dry bulk imports in the energy sector and continuing strength in liquid bulk exports from the agriculture sector.
It also noted a promising start in dry bulk transhipment activities for coal out of Lumut Maritime Terminal. – Bernama