Blue chips remain bullish


  • Business
  • Thursday, 16 Dec 2004

THE large corporates in Malaysia are bullish about 2005. Tenaga Nasional Bhd (TNB) president and CEO Datuk Che Khalib Mohamad Noh expects the utility giant to continue to shine and deliver. In the midst of this positive scenario, TNB will explore new sources of earnings growth. Che Khalib also discusses the impact of rising oil prices on the company. 

World trade is expected to grow, albeit at a slower rate. Malaysia International Shipping Corp Bhd (MISC) is somewhat insulated from external market volatilities, says MD and CEO Datuk Shamsul Azhar Abbas. In the face of high oil prices and limited tonnage, freight rates are expected to stay high. 

For Genting Bhd, 2005 will be a special and exciting year. After a series of acquisitions in 2004, chairman, president and chief executive Tan Sri Lim Kok Thay has plans to further widen the scope of the group's investment. 

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