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Business

Affin Merchant aims to be strong niche player

AFFIN Merchant Bank Bhd, which will be showing its second year of profitability since its turnaround in 2001, is aiming to be a strong niche player in the liberalised environment, said its president and chief executive Datin Zuraidah Atan.

Business

Focus on women entrepreneurs

TARGETING at women in business will be a new area of focus at Affin Merchant Bank.

Business

PKB plans 2nd board listing soon

PERMODALAN Kedah Bhd (PKB), a state government subsidiary company involved in the construction business and management of trust shares, expects to be listed on the KLSE Second Board in the near future.

Business

Investors go for PGas and MISC

INVESTORS, especially local institutional funds, are beginning to shift some of their portfolio funds into shares of Petronas Gas Bhd and Malaysian International Shipping Corp Bhd (MISC) amid growing fears of a US-led strike against Iraq.

Business

Humble start for a millionaire

CHOO Koo Oan, a successful retailer of electrical home appliances, has come a long way. Born in Junjong, Kedah, Choo was sent to Penang as a youngster in the early 1950s to be educated and was expected to be a success. Thirty years later, this humble man became a self-made millionaire by selling electrical home appliances.

Business

Digiland to launch Penang ops

DIGILAND Distribution (M) Sdn Bhd, recently appointed as IBM Malaysia#8217;s distributor for the northern region, plans to launch operations in Penang within the next two months.

Business

Urbanisation hits provision stores

LAST year the number of sundry provision stores continued to decline, a trend that began in 2000, and which has led to a cumulative decline of 13.6% or 4,400 outlets in peninsular Malaysia.

Business

Powerdeck 100 set to beef up revenue

CONSTRUCTION steel manufacturer BHP Steel Lysaght Malaysia expects its latest structural steel product I>Powerdeck 100/Ito increase its revenue by at least 10% to US$24mil in the next 12 months.

Business

Thong Guan sets up two new lines

THONG GUAN Industries Bhd, a KLSE main board specialising in stretch film and plastic packaging manufacture, is allocating about RM19mil to set up two new stretch film production lines this year.

Business

Klang Valley projects are top earners for MK Land

MK LAND Holdings Bhd expects its residential property projects in the Klang Valley to be the major contributor to group revenue this year.