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Business 12 Dec 2008 | 12:00 AM

Tanjong posts lower profit on levy charges

Tanjong Plc posted a 44.5% drop in net profit to RM97.1mil for the third quarter ended Oct 31, partly due to a charge of RM55mil related to a one-off windfall levy imposed on its Malaysian power plants.

Business 10 Dec 2008 | 12:00 AM

Tanjong said to be potential takeover target

Shares in Tanjong Plc hit a five-month high yesterday as talk resurfaced about the company being a potential takeover target.

Business 03 Sep 2008 | 12:00 AM

Surprise over no tax hike for gaming sector

The absence of a tax hike for the gaming sector under Budget 2009 has left market observers positively surprised.

Business 26 Aug 2008 | 12:00 AM

Report: Govt may turn to counter-cyclical fiscal measures

Budget 2009 is probably one of the toughest that the Government has had to prepare in recent years as rising inflationary pressures have hurt the purchasing power of consumers and eaten into profit margins of companies.

Business 14 Mar 2008 | 12:00 AM

Analysts see no big impact in gaming sector

The gaming sector is unlikely to be significantly affected by the changes in state governments, particularly in Kedah and Perak, analysts said.

Business 07 Mar 2008 | 12:00 AM

BToto in for stronger performance

Number forecast operator Berjaya Sports Toto Bhd (BToto) is viewed as a defensive stock with good earnings quality, according to MIMB Investment Bank.

Business 17 Dec 2007 | 12:00 AM

Stock picks

Fund managers share their views on the stock picks and the sectors that have potential for next year.

Business 24 Nov 2006 | 12:00 AM

MPHB making general offer to buy Magnum Corp shares

Multi-Purpose Holdings Bhd (MPHB) is making a conditional general offer to buy the remaining 60.1%, or about 859 million shares of Magnum Corp Bhd for RM2bil or RM2.30 per share in cash.

Community 16 Oct 2006 | 12:00 AM

Students receive RM190,000 aid

A TOTAL of 1,740 students in Perak received RM189,000 in aid from Da Ma Cai, a number forecast operator, under its student aid programme for this year.

Business 22 Jun 2006 | 12:00 AM

Tanjong Q1 net profit jumps 51% to RM127mil

Tanjong plc achieved a net profit of RM127mil in its first quarter ended April 30, a 51% increase compared with RM84.1mil in the corresponding quarter last year.