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KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), now the world’s sixth most-profitable Fortune 500 company in the oil and gas space, is targeting to grow its production of hydrocarbons by between 3% and 3.5% a year until 2017-2018.
For every 1,000 shares an investor had bought in Tan Chong Motor Holdings Bhd (TCM) in 1973 and held it for forty years, he would have pocketed some RM3,005 purely in cash dividends. Apart from cash, the investor would have also got free shares in a Hong Kong-listed company and two other local companies during a de-merger in 1999.
KUALA LUMPUR: Time dotCom Bhd’s shares surged at mid-afternoon on Wednesday after the group secured a part of Asia-Europe cable link job.
SENAI: Pelangi Publishing Group Bhd, which sees school books being replaced by digital alternatives in a not too distant future, said it will be ready when the time comes.
FOR eight days in a row, dwellers of Flora Damansara low-cost flats near Damansara Perdana, Selangor, have been without water.