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Business 01 Mar 2007 | 12:00 AM

Stake sale boosts Sime's earnings

Sime Darby Bhd's net profit soared 184% to RM645.7mil for the second quarter ended Dec 31, mainly boosted by a hefty exceptional gain from the disposal of its stake in Jaya Holdings Ltd in November.

Business 28 Feb 2007 | 12:00 AM

Positive prospects, Wah Seong gets upgraded

Analysts are upgrading Wah Seong Corp Bhd in line with its positive prospects, given the up-cycle in the regional oil and gas (OG) capital expenditure this year.

Business 28 Feb 2007 | 12:00 AM

PICORP profit after tax jumps 40%

Progressive Impact Corp Bhd's (PICORP) group profit after tax for the financial year ended Dec 31, 2006, climbed 40% to RM15.2mil from RM10.7mil in 2005.

Business 27 Feb 2007 | 12:00 AM

Naim Cendera set for RM1.3bil Kuching job

Naim Cendera Holdings Bhd has received a letter of intent for the implementation of the proposed Federal Government-funded Kuching flood mitigation project.

Business 27 Feb 2007 | 12:00 AM

Sime enters phase of growth

Sime Darby Bhd has almost completed phase one of a revamp plan in which non-core assets were disposed of. It is now entering phase two which is aimed at growth, its CEO Datuk Zubir Murshid told the media yesterday.

Business 26 Feb 2007 | 12:00 AM

Quek takes positions

Hong Leong group makes strategicinvestments in growth companies in abullish market.

Business 24 Feb 2007 | 12:00 AM

Leader Universal to invest RM1b in Cambodia plant

Leader Universal Holdings Bhd will invest over RM1bil in a power plant in Cambodia.

Business 23 Feb 2007 | 12:00 AM

High expectations on U-Li results

A re-rating is on the cards for United U-Li Corp Bhd. The company is due to release its results for the full year ended Dec 31, 2006 (FY06) next week and judging from its recent share price performance, the market has high expectations.

Business 23 Feb 2007 | 12:00 AM

Snap Shots

Suraj Raj writes on Muhibbah, Redtone and I-Power

Business 23 Feb 2007 | 12:00 AM

BASF reports better fourth quarter

Top German chemicals group BASF AG reported a 17.3% rise in fourth-quarter pre-exceptional operating profit that met expectations, thanks partly to acquisitions and strong demand for its products.