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Business 18 May 2004 | 12:00 AM

MPI’s third quarter pre-tax profit up eight-fold

CHIP maker Malaysian Pacific Industries Bhd (MPI) announced yesterday that its third-quarter pre-tax profit to March 31 surged over 700% to RM51.8mil from RM6.1mil in the same period last year with the recovery in global demand for semiconductors now firmly under way.

Business 12 May 2004 | 12:00 AM

MPI profit surges 211% to RM20mil

Multi-purpose Insurans Bhd's (MPI) pre-tax profit surged 211% to RM20.4mil for the year ended Dec 31, 2003 from RM6.5mil in 2002.

Nation 10 May 2004 | 12:00 AM

Proposal on press council condemned to cobwebs

The Information Ministry has decided not to act on a proposal to form the National Press Council due to lukewarm response from media practitioners.

Business 01 May 2004 | 12:00 AM

Market loses further ground ahead of extended break

THE local stock market fell for the fifth day in a row yesterday as investors took profit ahead of the four-day, holiday-extended weekend amid continued uncertainty over the market's direction in the near term.

Business 25 Mar 2004 | 12:00 AM

Technology stocks fall for fourth straight day

TECHNOLOGY stocks on the Malaysia Securities Exchange fell for the fourth consecutive day Wednesday as investors, concerned about recent events in the Middle East, took the cue from Wall Street's overnight decline and sold down such shares further.

Business 06 Mar 2004 | 12:00 AM

News in brief

News briefs on Multi-Purpose, Poh Kong, Actacorp, Glomac, Sunway Resorts, MPI, Lien Hoe, Suiwah, ING Resources, SRII Bhd, Yu Neh Huat, Metro Kajang, GHL System, Kumpulan Guthrie, Th Group and Country Heights.

Business 19 Feb 2004 | 12:00 AM

MPI second quarter profit rises five-fold to RM44.6mil

MALAYSIAN Pacific Industries Bhd (MPI) posted RM44.6mil in pre-tax profit for its second quarter ended Dec 31, 2003, an increase of almost five-fold from RM7.5mil in the previous corresponding quarter.

Business 07 Feb 2004 | 12:00 AM

Ratings

RATING Agency Malaysia Bhd (RAM) has reaffirmed the long-term rating of Malaysian Pacific Industries Bhd's (MPI) RM125mil redeemable bonds (1999/2004) at I>A1/I>, with a stable outlook.

Business 05 Feb 2004 | 12:00 AM

Chip sector recovery gains pace

THE broad-based recovery of the global semiconductor industry is gaining strength. This, industry players say, would soon be reflected in the earnings of local chipmakers, which have ramped up production to meet increased orders.

Nation 09 Jan 2004 | 12:00 AM

Groups to work towards setting up of media council

A working committee, representing different interest groups including media owners, is to be set up as the first step towards forming a media council after a forum to discuss the setting up of the watchdog organisation.