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SEVERAL well-known companies on the KLSE have recently announced larger dividends along with their latest quarterly results, sparking expectations that other companies within the same cluster of businesses may also increase such payouts.
TELEKOM Malaysia Bhd has an-nounced that it is on the #147;comeback path#148; following stronger performances from its cellular and multimedia divisions. TM Cellular Sdn Bhd, its cellular arm, has made a long awaited return to the black, posting a pre-tax profit of RM9.8mil from a loss of RM150mil for the financial year to end December. Its subscriber base is now some 1.6 million.
Online investment advisor Surf88.Com writes on Maxis.
HARDLY three weeks after its Valentine#039;s Day listing, Symphony House Bhd has created a minor stir on the share market with its proposed acquisition of Malaysian Issuing House Sdn Bhd (MIH) for RM2.45 million cash. It was, by far, the most active counter on the Kuala Lumpur Stock Exchange (KLSE) on Wednesday (the day the announcement was made) and Thursday.
PLUS Expressways Bhd has indeed come a long way. But one thing has remained certain through the wild swings of the economy, the rise and fall of its parent United Engineers (M) Bhd that led to its own indebtedness and change of control - it has always been a prized asset.
WHILE traffic for the month of January 2003 was good, domestic traffic was weaker on a month-to-month basis following the seasonally strong month of December. Traffic for February 2003 was also weaker after Chinese New Year but forward bookings are looking stronger this year.