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Business 09 Jul 2003 | 12:00 AM

Cheung Kong launches US$400mil REIT in Singapore

Cheung Kong (Holdings) Ltd, the property group controlled by Asia's richest businessman Li Ka-shing, has launched a US$400mil real estate fund in Singapore, offering investors a pre-tax yield of 7.9% to 8.2%.

Business 08 Jul 2003 | 12:00 AM

News in brief China Southern seeks US$326mil from IPO

China Southern Airlines will make an initial public offering of one billion A-shares on Thursday to raise 2.7 billion yuan (US$326.2mil) to buy new aircraft.

Business 07 Jul 2003 | 12:00 AM

Booming oil industry to fuel KNM growth

KNM Group Bhd, en route for a listing on the KLSE second board, is confident that the booming oil, gas and petrochemical industries will play an important role in the company#039;s growth and expansion plans.

Business 05 Jul 2003 | 12:00 AM

Englotechs sees 84% increase in pre-tax profit

ENGLOTECHS Holding Bhd has forecast an 84% increase in pre-tax profit to RM13.2mil for the year ending Dec 31, 2003, from RM7.2mil in 2001.

Business 05 Jul 2003 | 12:00 AM

RM17mil profit forecast for Premium Nutrients

PREMIUM Nutrients Bhd, en route to a KLSE second board listing via a reverse takeover of Bridgecon Holdings Bhd, has forecast a pre-tax profit of RM17.25mil for the financial year ending Dec 31.

Business 04 Jul 2003 | 12:00 AM

Main board candidate OilCorp bidding for RM300mil contracts

OIL and gas support specialist OilCorp Bhd, which will be listed on the KLSE main board early next month in place of Abrar Corp Bhd, has an order book of over RM100mil and is currently bidding over RM300mil worth of contracts, its managing director Sunny Ng Huat Tian said.

Business 02 Jul 2003 | 12:00 AM

Infortech to expand into Japan and China

INFORTECH Alliance Bhd, scheduled for listing on the KLSE Mesdaq market this month, is focusing on venturing into Japan and expanding its market in China.

Business 02 Jul 2003 | 12:00 AM

PJSB projects after-tax profit of RM12.5mil

PEMBINAAN Jayabumi (Sarawak) Bhd (PJSB), which is bound for a KLSE second board listing on Aug 20, has forecast a 40% higher profit after tax of RM12.54mil for the year ending Dec 31, 2003, compared with last year's RM8.97mil.

Business 01 Jul 2003 | 12:00 AM

KNM makes 6.68mil public issue

KNM Group Bhd is making a public issue of 6.68 million new ordinary shares and a placement of 4.4 million new shares of RM1 each at RM1.48 per share in conjunction with its proposed listing on the KLSE second board.

Business 25 Jun 2003 | 12:00 AM

Pentamaster may beat forecast profit of RM15mil

PENTAMASTER Corp Bhd (PMCB), slated to list on the KLSE second board on July 23, is on track to achieve the forecast pre-tax profit of RM14.6mil for the year ending Dec 31, 2003, said its chief executive officer Chuah Choon Bin