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Techfast Holdings Bhd which is en route to a listing on Bursa Malaysia's Mesdaq Market expects to raise RM14.43mil from its initial public offer (IPO).
OSK Research Sdn Bhd yesterday launched its book I>Top Malaysian Small-Cap Companies: 100 Hidden Jewels/I>. I>StarBiz /I>reporter Yeow Pooi Ling highlights the top 10 companies.
While Dubai lacks in spectacular landscapes (unless you are into sand), it more than compensates with modern buildings, cutting edge technology, shopping and lots of festivals, the latest being the dazzling Global Village, an exposition of pavilions and stalls promoting 45 countries including Malaysia. KEE HUA CHEE goes globe-trotting.
CHIN Well Holdings Bhd, a leading regional manufacturer of mild steel fasteners, expects the selling price of fasteners to rise next year due to raw material shortage, group senior manager Richard Yeap said.
Chin Well Holdings Bhd sees a good year ahead for its carbon steel fasteners in view of the anticipated imposition of anti-dumping duties by the United States and Canada on fasteners from China and Taiwan.
TONG Herr Resources Bhd (THRB) has received the green light from the Thai government for a RM20mil plant in Amata Nakorn Industrial Estate, Chonburi, to manufacture stainless steel fasteners, mainly for the US market.
High scrap metal prices have brought about an increase in the theft of railway track fittings and other material this year, causing widespread disruption to train services and potentially threatening the safety of passengers.
IN view of the likelihood of rising costs of raw material (scrap iron) and the Government's price control policy, flat steel is perceived to be more appealing than long products in terms of profits.
AUTO parts manufacturer Sundram Fasteners Ltd (SFL) plans to make Malaysia its hub to manufacture and market a wider range of its products to South-East Asian countries, said chairman and managing director Suresh Krishna.
TONG Herr Resources Bhd's share price jumped after the company reported that its net profit more doubled to RM22.3mil for the first half year ended June 30, from RM10.1mil in the equivalent period last year.