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ONE of the biggest challenges ahead for the UEM group is to meet the expectations of shareholders and the investing public, as it was once a 'must-have stock' of fund managers.
REDIFFUSION Bhd has returned to the black, posting a net profit of RM15.6mil for the first quarter ended June 30 compared with a net loss of RM236,000 in the previous corresponding period.
BOUSTEAD Holdings Bhd has swung back to profitability with a pre-tax profit of RM155mil on turnover of RM983mil for the financial year ended Dec 31, 2002. It had posted a RM15mil pre-tax loss and RM1.024bil turnover in 2001.