B-Toto ICULS attract interest

GAMING counter Berjaya Sports Toto Bhd's (B-Toto) irredeemable convertible unsecured loan stocks (ICULS), which expire on Aug 4, 2012, have attracted interest as the loan stocks have been actively traded recently.

Strong payouts charm investors

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.

Genting group set to deliver better results

GENTING Bhd and its subsidiary Resorts World are expected to deliver stellar results for the financial year ended Dec 31 last year as the group#8217;s expansion effort in the hilltop casino resort is reaping fruits.

Excerpts from an interview with the EPF's CEO

DATUK Azlan Zainol, says a long-time EPF official, lends a #8220;corporate feel#8221; to the otherwise civil-service-like environment at EPF. But creating an ambience is clearly not Azlan's main priority since the 53-year old accountant joined EPF back in April 2001.

A reshuffle in Tanjong?

TANJONG plc is expected to see the entry of a few new faces at board and senior management level. Industry sources say the changes are expected to take place very soon.

Brokers' Call

Magnum Corp Berhad

News in brief

Foreign business news in brief

Foreign business news in brief including from Melbourne that Australian brewer Lion Nathan Ltd is merging its ready-to-drink (RTD) arm Indio in a 50:50 joint venture with Bacardi-Martini to market, sell and distribute RTD and spirits brands in the country.

NasionCom secures RM20m for expansion

NasionCom Sdn Bhd, a fast growing telecommunications company, has secured a RM20mil bank facility and is in the process of getting another RM20mil in investment from local venture capitalists to fuel its expansion.

Versus the CI

Liew Lai Jing writes on Public Bank, BToto, UMW, MISC and Gamuda.