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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.
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.
Whichever way the KLSE in 2003 will be looked at, it will be remembered as a roller coaster of a ride. From gloom of war and the despair of SARS to the euphoria of a multi-month rally that ended the three-year bear market, investors finally managed to revel in a booming stock market with no stumbling impediments in sight.
I>The Star/Iexecutive editor Datuk Wong Chun Wai has won the Malaysian Press Institute (MPI) best English news/features journalism award for a write-up on Militant Groups in Malaysia.
THE KLSE Composite Index (CI) fell four points or 0.5% to 813 yesterday on profit-taking in large-cap stocks but buying interest in lower liners, especially second board and technology stocks, helped buoy sentiment.