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Business

Listing proceeds to beef up R&D expansion of Orisoft HR system

ORISOFT Technology Bhd plans to use the RM6.45mil in proceeds from its listing exercise to expand research and development (RD) of its human resource management systems software.

Business

Global Soft to secure e-ticketing software jobs

SOFTWARE company Global Soft (MSC) Bhd, which made its debut on the KLSE Mesdaq market yesterday at a 4.5-sen premium, is expected to secure new contracts for the supply of theme park ticketing software by end of this quarter.

Business

News in brief

News in brief on MISC, Tai Wah Garments and Powertek.

Business

Scomi to go global in oil services

SCOMI Group Bhd, a 100% Malaysian-owned company en route to a KLSE second board listing, is positioning itself to be a big player in the booming oil and gas services industry worldwide, Scomi president and chief executive officer Shah Hakim Zain said.

Business

News in brief

News in brief on WCT Engineering, Faber Group, Nationwide Express, WCT Engineering, Global Soft, Eden, Texchem, KPJ, United Bintang and Rahman Hydraulic and Sateras.

Business

Premium Nutrients to spend RM20mil on Indian plant expansion

SPECIALITY fats manufacturer Premium Nutrients Bhd plans to spend RM20mil over the next 1 year to expand its recently-acquired processing facility in India.

Business

Genting unit takes Canadian firm shares

GENTING Bhd said its unit Genting International Plc has completed the acquisition of private placement of 18 million new units of Canada-based Pacific Lottery Corp Bhd at 25 Canadian cents per unit.

Business

The Week Ahead

Some business events in the week ahead

Business

SC okays Premium Nutrients listing

PREMIUM Nutrients Bhd has received approval from the Securities Commission (SC) for its flotation on the KLSE second board through a reverse takeover of Bridgecon Holdings Bhd.

Business

For the record

AN article in I>BizWeek/Iof March 29 entitled I>Renong revamp: The good and bad/Icontained some errors. Renong shareholders will I>NOT/Ibe required to pay any cash in ex-change for shares in a newco (to be renamed UEM World).