The profit was achieved over a reduced revenue of RM56.9mil against RM65.156mil previously. – Bernama
This will be financed by the proceeds from the initial public offering of RM1.5mil and the balance of RM7mil by internally generated funds and borrowings.
With cost of production reduced by 5% and production capacity increasing by 10%, Masteel will be on target to achieve its forecast profit of RM25.6mil or earnings per share of 19.26 sen for the year ending Dec 31, 2005. – Bernama
Dr Abdullah, 58, was the secretary-general of the Ministry of Plantation Industries and Commodities from 2000 to 2005 while Chandran was instrumental in establishing the Malaysian Palm Oil Association and became its first chief executive. – Bernama
In a statement to Bursa Malaysia, Isyoda said JoyeHK has 70% interest in De Qing Wu-Xin Line Water Canal Operation Co Ltd. It said the acquisition and additional equity subscription of 42.9 million yuan would result in ICB Waterways having a 34.3% effective interest in De Qing Wu-Xin.
De Qing Wu-Xin has been awarded a concession by the Zhejiang Provincial Development and Reform Commission to collect and conduct toll operation, including self-funding, of the reconstruction of the Wu-Xin Line water canal and its maintenance for a period of 30 years, Isyoda added. – AFX
YILAI : [Stock Watch] [News] MASTEEL : [Stock Watch] [News] ISYODA : [Stock Watch] [News]
The profit was achieved over a reduced revenue of RM56.9mil against RM65.156mil previously. – Bernama
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