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Business 15 Nov 2003 | 12:00 AM

F&N full-year earnings surge on higher sales

Singapore's third biggest conglomerate, Fraser Neave Ltd (FN), reported a 38% jump in full-year profit yesterday, propelled by higher sales of property and soft drinks, and strong Asian demand for its beer.

Business 21 Nov 2003 | 12:00 AM

Road Builder, partners bag RM978mil sewerage job

ROAD BUILDER (M) Holdings Bhd, through its wholly-owned subsidiary, Road Builder (M) Sdn Bhd, together with Japanese partners Shimizu Corporation and Hitachi Plant Engineering Construction Co Ltd, have been awarded a RM978mil contract to upgrade a sewerage system in the Klang Valley.

Business 17 Jan 2004 | 12:00 AM

CIMB sets 925 points as base case target for CI

CIMB Securities has its year-end base case MSEB Composite Index (CI) target at 925 points, driven by a 13% growth in core earnings in 2004-2005, the brokerage said in its stock market outlook for this year.

Business 03 Feb 2004 | 12:00 AM

Mitsubishi Elec turns in better third quarter results

Japanese electronics conglomerate Mitsubishi Electric Corp reported yesterday a big jump in operating profit for its third quarter as a recovery in capital investment boosted demand for its factory equipment.

Business 25 Feb 2004 | 12:00 AM

AXA full-year net profit triples

AXA Asia Pacific Holdings, Australia's second largest life insurer, said yesterday its annual net profit almost tripled following big one-off gains from asset sales and improving investment returns.

Business 14 Jun 2004 | 12:00 AM

Record RM1bil SunCity projects

Sunway City Bhd (SunCity) has lined up record new property launches worth RM1.1bil this year following completion of its corporate restructuring and de-gearing exercise.

Business 27 Aug 2004 | 12:00 AM

Road Builder poised for re-rating

ROAD Builder (M) Holdings Bhd's share price has declined 22% over the past three months, leading the stock to under-perform the Kuala Lumpur Composite Index by 24% over the same period.

Business 04 Mar 2005 | 12:00 AM

Mobile earnings boost profits at Deutsche Telekom

German giant Deutsche Telekom posted 1.4 billion euros (US$1.85bil) net profit for the fourth quarter, boosted by a rise in mobile earnings and asset sales that helped bring down debt by more than expected.

Business 30 Mar 2005 | 12:00 AM

Faber emerges healthier after revamp

HOSPITAL support services-based Faber Group Bhd is now seen to be in a healthier position with the completion of its restructuring exercise last year, which saw its liabilities reduced to RM250mil from RM1.2bil previously.

Business 15 Apr 2005 | 12:00 AM

Ramsay Healthcare to buy Affinity for A$1.4bil

Ramsay Healthcare Ltd said yesterday it has agreed to buy unlisted Affinity Health for around A$1.4bil in a deal that will make it Australia's largest private hospital operator.