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Business 22 Mar 2003 | 12:00 AM

SJMC not attractive enough for Sime Darby

IS it a matter of wanting to build up its cash coffers or shape itself into a more focused entity? Perhaps the motivation for Sime Darby Bhd to dispose of Subang Jaya Medical Centre (SJMC) lies in both.

Business 22 Mar 2003 | 12:00 AM

Just why is UDA so ignored?

AT a glance, it's hard to imagine why UDA Holdings Bhd is one of the most under-rated listed property companies in the country.

Business 22 Mar 2003 | 12:00 AM

Hume Cemboard buying over Hume Furniture for RM57.7mil

A NEW business has been found for cash-rich Hume Cemboard Bhd (HCB) from within the Hong Leong Group with the acquisition of furniture maker Hume Furniture Industries Sdn Bhd (HFI) for RM57.7mil.

Business 18 Mar 2003 | 12:00 AM

Go for divided strategy advice

As in life, a balanced approach is often the best strategy in investing. That's what strategists are advising Asian investors trapped between the risk of falling markets and the fear of missing out on a relief rally after the imminent Gulf war.

Business 18 Mar 2003 | 12:00 AM

NatSteel swings back to profit

SINGAPORE#146;S sole steel maker NatSteel Ltd has swung back into the black following an exceptional gain from the sale of its stakes in units NatSteel Broadway and NatSteel Brasil last year.

Business 18 Mar 2003 | 12:00 AM

Hume Cemboard - cash rich but no core business

Online investment advisor Surf88.com writes on Hume Cemboard and its prospects

Business 15 Mar 2003 | 12:00 AM

UM Land unloved but has potential

IF you were to view The United Malayan Land Bhd's (UM Land) web page, you would be greeted with the saying: I>Like the tree, UM Land grows on deep, strong roots so it may bear rich fruit./I>

Business 15 Mar 2003 | 12:00 AM

Brokers' Call

ON Wednesday, the Malaysian Palm Oil Board released palm oil statistics for February. Production declined by 11.3 per cent month-on-month (m-o-m) and 1 per cent year-on-year (y-o-y). Exports were down 20 per cent m-o-m but up 2.4 per cent y-o-y. Stocks inched down by 1 per cent m-o-m.

Business 15 Mar 2003 | 12:00 AM

Relief over Loy Yang bid withdrawal

WHEN Sime Darby Bhd and Genting Bhd first announced their intention to jointly bid for Australia#039;s Loy Yang Power in January, the market barely nudged.

Business 14 Mar 2003 | 12:00 AM

HKEx increases dividends despite drop in profit

The operator of the local bourse, Hong Kong Exchanges and Clearing Ltd (HKEx), has reported a sharper-than-expected 20% drop in earnings for 2002 as slumping equities took their toll on trading and investment income, and warned that the outlook remained weak.