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Business 22 Feb 2003 | 12:00 AM

Yikon to make further inroads into China market

YIKON CORP BHD, a specialist in the manufacturing and distribution of gold jewellery, plans to further penetrate China's gold market by establishing four more retail outlets in various strategic locations this year, group general manager Lew Woon Sang said.

Business 22 Feb 2003 | 12:00 AM

Will RHB Sakura retain lead position?

EVER SINCE RHB Sakura Merchant Bankers Bhd was de-listed from the local stock exchange late last year and taken private, the bank has witnessed a host of management changes. It is a fresh new chapter for the merchant bank but one without two key people #150; former managing director George Ratilal and former owner Tan Sri Abdul Rashid Hussain.

Business 26 Feb 2003 | 12:00 AM

CIMB profit 16% higher than forecast

RECENTLY-LISTED CIMB Bhd has announced a pro forma after-tax profit of RM130.4mil for the year ended Dec 31, 2002, beating by 16% the profit forecast of RM112.7mil that it made in its prospectus.

Business 28 Feb 2003 | 12:00 AM

PLUS records a 57% rise in operating profit

PLUS Expressways Bhd#039;s revenue and operating profits increased 36% and 57% respectively in the financial year ended Dec 31, 2002, the company said in a statement.

Business 28 Feb 2003 | 12:00 AM

Maxis rings up group pre-tax profit of RM1.28bil

MAXIS Communications Bhd has posted a whopping group pre-tax profit of RM1.28bil for the financial year ended Dec 31, 2002 compare with RM777.6mil in the corresponding period a year earlier.

Business 01 Mar 2003 | 12:00 AM

Wah Seong pre-tax profit at RM311mil

INDUSTRIAL-based group Wah Seong Corp Bhd has reported a pre-tax profit of RM311.5mil on the back of RM648.9mil in turnover for the financial year ended Dec 31, 2002.

Business 04 Mar 2003 | 12:00 AM

Axis offers IPO of 43 million share

SINGAPORE: Axis Systems Holdings Ltd, a Malaysia-based company which provides software solutions to banks, said it has launched an initial public offer (IPO) of 42.9 million new shares at 31 Singapore cents per share.

Business 04 Mar 2003 | 12:00 AM

Mixed showing by new listings

The eight new listings so far this year have turned in a somewhat mixed performance vis-a-vis their initial public offering (IPO) prices, with most of those on the Mesdaq market in positive territory.

Business 05 Mar 2003 | 12:00 AM

Maxis - maximising shareholders' value

Online investment advisor Surf88.Com writes on Maxis.

Business 05 Mar 2003 | 12:00 AM

Eng Kah sees Afta boost

ENG Kah Corp Bhd expects increased sales orders for its coloured cosmetics, skin care and perfumery divisions this year with the implementation of the Asean free trade area (Afta).