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News in brief

News briefs on: Kim Loong Resources, Wijaya Baru, Industronics, UDS Capital, Omega Holdings, Oacificmas, CAB Cakaran, Tong Herr and IGB Corp.

Tong Herr Resources to set up plant in Thailand

Tong Herr Resources Bhd (THRB), one of the world#8217;s leading specialist manufacturers of stainless steel fasteners, is allocating about US$5.5mil (RM29mil) for the setting up of a plant in Thailand this year.

Chin Well’s Vietnam venture to bear fruit in 2008

CHIN Well Holdings Bhd sees its US$15mil investment in Vietnam bearing fruit in 2008, said corporate affairs senior manager Richard Yeap.

Versus the CI

Izwan Idris writes on MMC, Lion Ind, New Hoong Fatt, Tong Herr and Suiwah.

Linking history

The origins of the cufflink is believed to be connected to the development of buttons, the worked buttonhole and the French cuff.

The world’s a palette for eWarna

THE best-known Malay term in the world today is probably I>orang utan/I>, that loveable primate from Sabah and Sarawak, which, as I>Wira/I>, was the official mascot of the XVI Commonwealth Games in Kuala Lumpur in 1998.

Small-cap stocks still the favourite

In the second and final part of a discussion on the stock market for 2004 with I>StarBiz/Iassistant news editor I>JAGDEV SINGH SIDHU/Iand reporter I>ELAINE ANG/I>, the two fund managers - KLCS Asset Management executive director/chief investment officer Connie Ong and Fortress Capital Asset Management chief executive officer Thomas Yong - together with three research heads - AmResearch executive director Gan Kim Khoon, OSK Research's Pankaj Kumar, and KN Kenanga's Seow Choong Liang - tell us just what type of stocks they are looking at.

Versus the CI

Hanim Adnan writes on Chin Well, BAT, Public Bank, MISC and Sime Darby.

Chin Well plans to set up new Vietnam plant

CHIN Well Holdings Bhd, a fastener and wire product manufacturer, plans to set up a new production plant in Ho Chi Minh, Vietnam, said its managing director Sunny Tsai.

Six companies awarded for promoting growth of SMIs

TENAGA Nasional Malaysia Bhd, Motorola Multimedia Sdn Bhd, Intel Electronics (M) Sdn Bhd, IBM Malaysia Sdn Bhd, Credit Guarantee Corp Malaysia Bhd and Cisco Systems (M) Sdn Bhd were recognised yesterday for contributing to the promotion and development of small- and medium-sized (SMIs) industries in the country.