News in brief


  • Business
  • Wednesday, 03 Aug 2005

  • OPCOM HOLDINGS BHD registered a pre-tax profit of RM5.12mil in the first quarter ended June 30, against RM5.39mil in the same quarter last year. 

    The revenue increased to RM18.42mil from RM18.21mil previously. – Bernama 

  • METROPLEX BHD has appointed Kee Lian Yong, 49, as director and chief executive officer. – Bernama 

  • DIJAYA CORP BHD said the proposed listing of its 30% owned associate company, Tenaga Kimia Bhd (TKB) on the Bursa Malaysia second board, expected in the third quarter, will involve a public issue of 8 million RM1 TKB shares and an offer for sale of 3.2 million shares by existing TKB shareholders at an issue price/offer price of RM1.50 per share. 

    The issued and paid-up capital of TKB is expected to be increased from RM32mil to RM40mil. 

    Presently, Sinbor Corp Sdn Bhd, a wholly-owned subsidiary of Dijaya, holds 9.6 million TKB shares. representing 30% equity interest in TKB. – Bernama 

  • TANJUNG OFFSHORE BHD's wholly-owned subsidiary Tanjung Offshore Services Sdn Bhd is currently in negotiations for a material contract involving the provision of Tarpon substructure platform development for the Ledang Anoa Field. 

    The company said in reply to a query from Bursa Malaysia that it would announce in due course details of the contract upon finalisation of the terms and receipt of the letter of award. –AFX-Asia 

  • The public tranche of IRM GROUP BHD's initial public offering has been oversubscribed by 120%, MIDF Consultancy and Corporate Services Sdn Bhd said.  

    In a statement to Bursa Malaysia, MIDF said 3,401 applications were submitted for 14.32 million shares for the 6.5 million shares offered. – AFX-Asia 

  • MALAYSIA BUILDING SOCIETY BHD’S pre-tax profit stood at RM11.03mil in the second quarter ended June 30, against RM6.59mil recorded in the same quarter a year ago. 

    Revenue rose to RM65.35mil from RM39.47mil. – Bernama 

  • EVERMASTER GROUP BHD’s wholly-owned subsidiary, Evermaster Development Sdn Bhd, has been appointed main contractor for the construction of a RM350mil mixed commercial development, known as Sembulan Urban Renewal Scheme Phase III, by Paduan Hebat Sdn Bhd. 

    In a statement to Bursa Malaysia, the company said the five-year deal was expected to have a positive financial impact on its net tangible assets and earnings for financial years ending March 2006 up to March 2010. – AFX-Asia 

  • LCTH CORP BHD has declared a second gross interim dividend of one sen per share of 20 sen each for its financial year ending Dec 31, 2005. 

    LCTH reported an after-tax profit of RM9.39mil in its second quarter and the second dividend payment represented 64% of the group’s net profit. 

    Last year, LCTH paid a total gross dividend of 8.56 sen per share, which represented 89.8% of its after-tax profit in 2004. – Bernama 

  • PJI HOLDINGS BHD's wholly-owned subsidiary, Ocean Electrical Co Sdn Bhd, acquired 47% interest in Thailand-based Two Seas Engineering Co Ltd (TSE) for 4.7 million baht. Following the acquisition, TSE becomes an associate of PJI. – Bernama 

  • THREE-A RESOURCES BHD posted an unaudited pre-tax profit of RM1.53mil for the second quarter ended June 30, down from RM1.89mil in the same quarter last year. 

    Revenue rose to RM17.16mil from RM16.14mil. 

    For the first half ended June 30, pre-tax profit amounted to RM2.60mil against RM3.18mil in the corresponding period a year ago. – Bernama 

  • AMFIRST PROPERTY TRUST recorded a pre-tax profit of RM2.37mil in the second quarter ended June 30, from RM1.99mil in the same quarter last year. 

    Revenue was little changed at RM4.89mil. 

    For the first half ended June 30, pre-tax profit fell to RM4.97mil from RM6.35mil. – Bernama 

  • EONMETAL GROUP BHD registered a pre-tax profit of RM2.01mil for the second quarter ended June 30 on the back of RM18.62mil revenue. – Bernama 

     OPCOM :  [Stock Watch]  [NewsMETPLEX :  [Stock Watch]  [NewsMETPLEX-W :  [Stock WatchDIJACOR :  [Stock Watch]  [NewsTGOFFS :  [Stock Watch]  [NewsMBSB :  [Stock Watch]  [NewsEVERMAS :  [Stock Watch]  [NewsEVERMAS-O :  [Stock WatchLCTH :  [Stock Watch]  [NewsPJI :  [Stock Watch]  [News3A :  [Stock Watch]  [NewsAMFPT :  [Stock Watch]  [News]

  • The revenue increased to RM18.42mil from RM18.21mil previously. – Bernama 

    Limited time offer:
    Just RM5 per month.

    Monthly Plan

    RM13.90/month
    RM5/month

    Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

    Annual Plan

    RM12.33/month

    Billed as RM148.00/year

    1 month

    Free Trial

    For new subscribers only


    Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
    Follow us on our official WhatsApp channel for breaking news alerts and key updates!
       

    Next In Business News

    Asian bonds see first monthly outflow in five on easing US rate-cut hopes
    CTOS, airasia academy team up to empower SMEs through strategic business education
    Indonesia intervenes to stem rupiah's slide after currency hits 4-year low
    Top-notch brands make beeline for Shanghai
    Oil prices rise on China growth, Middle East tensions
    UK wage growth slows slightly as Bank of England mulls rate cuts
    Amundi to get 26% stake in Victory in exchange for US business
    Gold hovers near record high on growing geopolitical concerns
    Asian shares slide on US rate cut rethink, Middle East worries
    Industry tracker: Samsung returns to top of the smartphone market

    Others Also Read