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Magnum to manage Indon game
MAGNUM Corp Bhd unit Magnum Investment Ltd (MIL) has been appointed as sole manager to develop and promote a game, known as the Sports Welfare Game, in Indonesia.
Dreamgate fetches 190% premium on Mesdaq debut
DREAMGATE Corp Bhd shareholders hit the jackpot on the Mesdaq market yesterday. The company, one of Asia's leading leisure and amusement technology solutions providers, made its market debut at RM1.45 for a massive 190% premium over its issue price of 50 sen.
CIMB sets 925 points as base case target for CI
CIMB Securities has its year-end base case MSEB Composite Index (CI) target at 925 points, driven by a 13% growth in core earnings in 2004-2005, the brokerage said in its stock market outlook for this year.
Stockwatch
Kathy Fong writes on Cepatwawasan, Malaysia Aica, Magnum Corp, Public Bank and Landmarks.
Analysts: Good time to pick up quality shares
THE recent decline in the price of poultry-related stocks is an opportunity for investors to accumulate quality shares at lower prices, analysts said.
RHB Unit Trust aims to grow fund size to RM2bil
RHB Unit Trust Management Bhd is targeting for its total fund size to grow to RM2bil from the current RM1.4bil by the year-end, chief executive officer Michael Tan Lib Chau said.
Foreign business news in brief
News briefs including from Jakarta that the government plans to build a 1,600km gas pipeline to link natural gas fields in East Kalimantan with various industries in Java, in a project worth an estimated US$1.7bil, the daily I>Kompas/Ireported.
