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KLIG shares undersubscribed

THE 10 million KL Infrastructure Group Bhd (KLIG) shares offered to the general public as part of the company's initial public offering (IPO) have been undersubscribed, MIDF Consultancy and Corporate Services Sdn Bhd (MIDFCCS) said.

CEO feels honoured to lead a heritage company

TO succeed, a person would need to take some calculated risks in his career, said F amp; N Holdings Bhd CEO Tan Ang Meng.

NTPM: More demand for tissue paper because of SARS

TISSUE paper maker NTPM Holdings Bhd, which made its debut on the KLSE main board yesterday, does not expect the outbreak of Severe Acute Respiratory Syndrome (SARS) to affect its expansion plan this year.

Ace Canning upbeat on higher growth rate

ACE Canning Corp Sdn Bhd (ACCSB), one of the two largest players in the local market for soya bean packaged drinks is optimistic of beating its average annual growth rate of 20% with its planned foray into new markets with new products, especially premium soya milk products, ACCSB marketing manager Paul Lim told I>StarBiz/Iduring an interview.

Scomi sees revenue boost from foreign oil and gas services

SOON-TO-BE-LISTED Scomi Group Bhd expects its overseas oil and gas services business to contribute at least 40% to its income in the next three to five years, according to its president and chief executive officer Shah Hakim Zain.

Scomi eyes Asia, Middle East and North Africa as new areas of growth

SCOMI Group Bhd, through its subsidiary Kota Minerals amp; Chemicals Sdn Bhd (KMC), is looking towards Asia, the Middle East and North Africa as new areas of growth and business expansion for its oil and gas division.

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.

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.

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.