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Sapura Energy expects higher contribution from overseas ventures

SAPURA Energy Sdn Bhd, which is venturing into Myanmar and Thailand this year, expects its overseas ventures to make a significantly higher contribution to its revenue for the financial year ending Jan 31, 2004.

Genting and Resorts grapple with uncertainty

IT'S been a volatile ride for Resorts World Bhd and its parent company, Genting Bhd, at least where their share prices are concerned.

MASKargo unit sets RM400mil revenue target annually

LOGISTICS services provider Pen-gangkutan Kargo Udara Mas Sdn Bhd (PKUM) has set an annual revenue target of RM400mil for its sea-air transhipment operations, according to its general manager Hassan Rahman.

Top Glove – hands down industry leader

THE war in Iraq is certainly taking a toll on the rubber glove industry. Whereas rising latex prices were pretty much the main concern over the last five quarters, the recent standoff followed by the outbreak of war in the Middle East has led to further increases in production costs.

IMT-GT proposes regional corporate entities

THE Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) joint-business council (JBC) plans to include regional corporate entities in its business forum as a means to raise capital to fund and expedite major infrastructure projects in member countries.

Penang Port rebuilds Swettenham Pier

PENANG Port Sdn Bhd, scheduled for listing later this year, will spend RM175mil in 2003 to rebuild the Swettenham Pier, expand the North Butterworth Container Terminal (NBCT), and construct a marina.

Malaysia's SMIs insulated from impact of war

MEMBERS of SMI Association of Ma-laysia have been relatively insulated from the impact of the Iraq war as only a small percentage of its membership export to the Middle-East.

Wah Seong’s timely China venture

PIPE-COATING company Wah Seong Corp Bhd is looking good after a tie-up with industry giant Italy#146;s Socotherm SpA to provide pipe coating work for the oil and gas sector in China.

Texchem setting up aquaculture products plant in Myanmar

TEXCHEM Resources Bhd is setting up a manufacturing facility for I>surimi/I>, fishmeal and other aquaculture products in Myeik, Myanmar.

NTPM to diversify current product base

NTPM Holdings Bhd, one of Malaysia#039;s largest manufacturers of tissue paper, toilet rolls and paper products, plans to strengthen its position in the local market while expanding overseas and di-versify its current product base over the next five years.