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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.

Business

Smaller companies head to Asia for investments

Apart from the large investments abroad that have made headline news such as the acquisition of Unilever group assets by IOI Corp Bhd and Wessex Water by YTL Power International Bhd, there were also many companies with smaller market capitalisation which crossed the border last year.