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Business

MASKargo out to promote sea-air transhipment service

MASKARGO, Malaysia Airlines air cargo division, is targeting to hit 50,000 tonnes of sea-air transhipment by the end of this year, according to senior general manager J.J. Ong.

Business

UMW unit keen on M’sia-Thai project

UMW Corp Sdn Bhd oil and gas division is studying the feasibility of supplying gas pipelines to the Malaysia-Thailand Joint Development Area (JDA) in the Gulf of Siam.

Business

Idris fortune takes turn for worse

IT seems like Idris Hydraulic Bhd is no stranger to problems. It has a colourful history #150; as seasoned punters would politely put it.

Business

Scott English sees Tata sales exceeding 2002 target

DRB-HICOM Bhd subsidiary Scott amp; English (M) Sdn Bhd is expecting this year#039;s sales of Tata vehicles to surpass the RM60mil achieved last year.

Business

RM100mil for new Texchem food unit

TEXCHEM Resources Bhd (TRB) plans to pump up to RM100mil into its newly-formed food business division by 2010, according to group executive chairman and president Datuk Seri Fumihiko Konishi.

Business

IGB quite active in corporate exercises

FORMERLY known as Ipoh Garden Bhd, IGB Corp Bhd has always been a diversified property player; not only does it build residential units to commercial properties and hotels in the country, it also owns property investments abroad including the St Giles hotel chain in Britain and the MiCasa Hotel Apartments in Myanmar.

Business

Tomypak to increase local content of products

PACKAGING company Tomypak Holdings Bhd is targeting to increase the local content in its finished products to at least 60% by 2005 from 50% currently.

Business

Skali in talks to select merchant banker for Mesdaq listing in Q3

E-BUSINESS systems provider Skali is currently talking to three merchant bankers and will be selecting one by the end of this month for its listing exercise on Mesdaq by the 3rd quarter of the year, according to its president Tengku Farith Rithauddeen.

Business

MMC Metal Industries plans to make coaches for local railway

MMC Engineering Bhd#146;s subsidiary, MMC Metal Industries Sdn Bhd (MMI), which manufactures freight wagons for KTM Bhd (KTMB), plans to produce locally-made coaches for the local railway.

Business

Urgent remedy for Actacorp

The recent restructuring scheme is expected to bear fruit as the new company would have a steady flow of income from PSC Asset Holdings' 21-storey, Menara PSCI in Penang.