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SKP ends first-day trading at a discount
KLSE second board debutant SKP Resources Bhd ended its first day of trade at a discount to its initial public offering (IPO) price, the second stock to do so since the beginning of the year.
News in brief
News in brief on Kumpulan Guthrie, Petronas, Plantations Development (M) Berhad and other firms.
Research houses bullish about second board candidate SKP
SEVERAL research houses are optimistic with the prospects of specialised plastic parts maker SKP Resources Bhd, whose listing on the KLSE second board is scheduled today.
Southern Plastic reprimanded, fined RM45,000
THE KLSE has publicly reprimanded and imposed a fine of RM45,000 on Southern Plastic Holdings Bhd (SPLAS) for breaching paragraph 9.23(b) of its Listing Requirements (LR).
Diversification the pillar of FFM’s business strategy
FFM Bhd, which owns the country#039;s largest flourmill, is not only in flour business. It is also into edible oil refinery, animal feeds and poultry farming, shipping and the manufacture of polybags.
Oriental shares are rewarding
ORIENTAL Holdings Bhd has richly rewarded its shareholders, declaring five bonus issues and generous dividends since 1990.
Prices of plastic resins up 30%
PRICES of plastic resins, both local and imported, have increased substantially between 15% and 30% in late January this year compared with November 2002.
Brighter outlook for industrial sector
Foreign and domestic investments in the manufacturing sector are expected to be on the surplus this year amid fierce business competition from neighbouring countries and China, says Minister of International Trade and Industry Datuk Seri Rafidah Aziz.
