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Business 31 Jul 2003 | 12:00 AM

IFCA makes strong debut on Mesdaq market

IFCA MSC Bhd made its debut on the KLSE Mesdaq market yesterday with a 16-sen or 80% premium over its offer price of 20 sen.

Business 29 Jul 2003 | 12:00 AM

Naim Cendera gets good response

NAIM Cendera Holdings Bhd, which is targeting a Sept 16 flotation on the KLSE main board, has received overwhelming response to its private placement of 48.275 million shares, said group chief executive officer Datuk Hasmi Hasnan said.

Business 25 Jul 2003 | 12:00 AM

PJSB IPO oversubscribed eight times

PEMBINAAN Jayabumi (Sarawak) Bhd#146;s (PJSB) initial public offering (IPO) comprising 4 million RM1 shares at an issue price of RM1.70 each has been oversubscribed by 8.01 times.

Business 23 Jul 2003 | 12:00 AM

120mil YTL Power shares placed out

YTL Corp Bhd has successfully placed out a 5.25% interest or 120 million shares in YTL Power International Bhd to various local institutional investors for RM348mil, or RM2.90 per share.

Business 22 Jul 2003 | 12:00 AM

Nova MSC sees China as key market for software

NOVA MSC Bhd, slated for a KLSE Mesdaq listing next month, sees China as a key market for its e-government and healthcare software and services.

Business 18 Jul 2003 | 12:00 AM

AWC plans to get more commercial building deals

AWC Facility Solutions Bhd, which is scheduled to assume the listing status of Trans Capital Holding Bhd on the KLSE second board at the end of next month, aims to increase the company#039;s exposure to commercial buildings to 5% in three years from less than 1% now, its executive director Harry Menon said.

Business 18 Jul 2003 | 12:00 AM

LNG Resources on track to meet revenue forecast

MESDAQ-BOUND LNG Resources Bhd is on track to meet its 2003 revenue and pre-tax profit forecasts based on its strong performance in the first half, its chairman and managing director Low Chee Thean said.

Business 18 Jul 2003 | 12:00 AM

News in brief

Business 18 Jul 2003 | 12:00 AM

PWE plans to transfer listed status to BMB

PWE Industries Bhd has proposed a share exchange with Bintang Mover Bhd (BMB), with the latter to eventually acquire PWE#039;s listing status.

Business 17 Jul 2003 | 12:00 AM

Analysts: Good value in Jayabumi IPO price

ANALYSTS have put the fair value on the shares of soon-to-be-listed Pembinaan Jayabumi (Sarawak) Bhd at 30% to 40% above its initial public offering (IPO) price of RM1.70 per share.