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Perisai makes impressive Mesdaq debut

PERISAI Petroleum Teknologi Bhd shares made an impressive debut on the Medaq market of Bursa Malaysia yesterday, closing at 60.5 sen for a 83.3% gain over its initial public offering (IPO) price of 33 sen.

PPTB aims for pole position in Asean oil and gas sector

Perisai Petroleum Teknologi Bhd (PPTB) aspires to be the number one technology company serving the offshore oil and gas sector in the Asean region.

PPTB: More revenue to come from abroad

PERISAI Petroleum Teknologi Bhd (PPTB) expects turnover contribution from overseas operations to rise to 75% in the next five to six years from its current 15%, executive director Tengku Daud Shaifuddin said.

Southern Steel to maximise output

SOUTHERN Steel Bhd plans to fully utilise its production capacity to hit a yearly maximum output of 1.3 million tonnes by the end of this year.

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.