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Business

MUI group aims to slim down

It has become the fashion for women, and even men, to try to become slimmer. It's good for their appearance as well as for their health.

Business

Sitt Tatt to set up semiconductor joint venture in China

SITT Tatt Bhd plans to establish a joint venture company in China with a local partner to carry out semiconductor-related businesses, executive deputy chairman Tan Sri Dr Mohan M.K. Swami said.

Business

Wary over state of economy

US blue chips climbed for the fourth day in a row on Friday, but gains were capped by another surge in oil prices while economic reports cast doubt on the economy's strength.

Business

Aussie manufacturing weaker in May

Activity in Australia's manufacturing sector was weaker in May than a month earlier due to less demand and strong competition from imports, a survey showed on Tuesday.

Business

Two not re-elected to CCM board

TWO nominees of the MUI group of companies, which holds a 22.5% stake in Chemical Company of Malaysia Bhd (CCM), were not re-elected to the CCM board at its AGM yesterday.

Business

Higher Aussie manufacturing

Australian manufacturing activity improved in March and was consistent with non-farm gross domestic product (GDP) growth of around 3.5%, a survey found yesterday.

Business

Metrojaya shares suspended from trading

SHARES of Metrojaya Bhd (MJB) were suspended from trading yesterday as Pan Malaysian Industries Bhd's stake in the company had exceeded 90%.

Business

PMI yet to cross compulsory threshold for rest to sell

PAN Malaysian Industries Bhd (PMI) now owns 90.67% of Metrojaya Bhd's (MJB) shares, but has yet to cross the threshold that would make it compulsory for holders of the remaining MJB shares to sell them to PMI.

Business

Global PMI shows sustained manufacturing recovery

Demand for manufactured goods grew strongly around the world in December 2003, signalling a powerful recovery in the sector, according to a global indicator based on national surveys of manufacturing companies.

Business

PMI on track to delist Metrojaya

Pan Malaysian Industries Bhd (PMI) and its subsidiary, Excelton Sdn Bhd, have received acceptances of 16.521 million shares, or 13.23% of the paid-up capital of Metrojaya Bhd (MJB) under its cash offer to privatise MJB.