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Business 26 Aug 2003 | 12:00 AM

OCBC: Unit trust sales to hit RM1b

OCBC Bank (M) Bhd, a leading third-party distributor of unit trusts, expects its funds to hit the RM1bil sales mark by the end of the year.

Business 20 Aug 2003 | 12:00 AM

Magnum H1 net profit sharply down

MAGNUM 4D Bhd said its net profit for the half year to June fell sharply to RM25.04mil from RM44.19mil a year earlier mainly due to higher prize payouts in its gaming operations, coupled with an increase in provision for diminution in the value of its investments.

Business 20 Aug 2003 | 12:00 AM

Singapore’s Osim to invest 15% more in Malaysia

OSIM (M) Sdn Bhd, a Singapore-based company, will increase its investment in Malaysia by between 10% and 15% next year from the current RM10mil.

Business 16 Aug 2003 | 12:00 AM

BMW Malaysia lines up new launches

BMW Malaysia Sdn Bhd, the newly incorporated local subsidiary of BMW Group, will launch a fresh line-up for the remainder of the year, including the I>BMW Z4/I>, the all-new 5 Series, and the I>730Li/I>.

Business 07 Aug 2003 | 12:00 AM

KLIA reaps reward from campaign

THE KL International Airport (KLIA) in Sepang has been able to attract and maintain shoppers#039; spending at the airport shortly after being hit by the impact of the Bali bombing, the Iraq war and the Severe Acute Respiratory Syndrome (SARS) outbreak, thanks to its aggressive marketing campaign.

Business 04 Aug 2003 | 12:00 AM

Clubhouse that is the talk of town

Property Talk: A weekly column by S.C. Cheah. In this second article this week he says that residents of Bandar Laguna Merbok (BLM) must be the envy of many people, not least the other folks of Sungei Petani.

Business 21 Jul 2003 | 12:00 AM

More incentives to push house sales

Property Talk: A weekly column by S.C. Cheah. This week he says developers are giving big discounts, attractive rental guarantee, free maintenance fees and a host of other incentives that includes a contest with a BMW I>318iA/Ias the grand prize to push sales in the current sluggish property market.

Business 10 Jul 2003 | 12:00 AM

AKN MTech aims for 50mil subscribers

AKN Messaging Technologies Bhd (AKN MTech) expects to increase its subscriber base to 50 million over the next three months from 9 million as a result of its expansion to Thailand, Singapore, Hong Kong and Indonesia, said managing director Lim Seng Boon.

Business 10 Jul 2003 | 12:00 AM

Berjaya Sports Toto expects better performance

BERJAYA Sports Toto Bhd expects a better showing in the current year ending April 30, 2004, following the award of higher payouts for the first prize in its four-digit draws.

Business 03 Jul 2003 | 12:00 AM

Invite for research papers on capital market

THE Securities Industry Development Centre (SIDC) of the Securities Commission (SC) is inviting postgraduate students and faculty members of institutions of higher learning, both local and foreign, to submit research papers for the I>SC Capital Market Award (SC CMA) 2003/I>.