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Business 15 Jul 2003 | 12:00 AM

IPOs regain strong public interest

INITIAL public offerings (IPOs) are attracting strong investor interest again, as reflected in the high rates of subscription for recent new issues. After playing it cagey for almost the whole of last year and a good part of this year, investors are pouring money back into the IPO market.

Business 12 Jul 2003 | 12:00 AM

Lingerie maker Caely expects 30% rise in domestic sales

LINGERIE manufacturer Caely Holdings Bhd, which is scheduled to be listed on the KLSE second board on July 29, expects its ongoing exercise to give its distribution channels a facelift to help boost domestic sales of its products by 30% next year.

Business 08 Jul 2003 | 12:00 AM

BLD Plantations IPO oversubscribed

THE public tranche of BLD Plantations Bhd#039;s initial public offering (IPO) has been oversubscribed by 4.16 times, Malaysian Issuing House Sdn Bhd (MIH) said in a statement.

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 03 Jul 2003 | 12:00 AM

News in brief

News in brie on SPK-Sentosa, Southern Acids, Tien Wah, Rhythm, Malaysian National Reinsurance and Tomisho Holdings.

Business 01 Jul 2003 | 12:00 AM

Foreign business news in brief

Foreign business news in brief: 'Hutchison launches bonds', 'Aristocrat ex-CEO claims damages', 'Unisteel director resigns,' 'All Nippon places aircraft order,' and 'EVA takes delivery of plane'.

Business 28 Jun 2003 | 12:00 AM

IFCA MSC Bhd’s IPO to close on July 8

APPLICATIONS for IFCA MSC Bhd#039;s initial public offer will close on July 8 and its balloting is expected to be on July 12.

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

Business 24 Jun 2003 | 12:00 AM

BLD Plantation to bank on firm CPO prices and high extraction rate

KLSE main board candidate, BLD Plantation Bhd (BLDP), expects its future earnings to be well supported by the firm crude palm oil (CPO) prices and its high CPO oil extraction rate (OER) of 22.7%, exceeding the industry's average of 21%, its financial controller, Seng Cheak Chai said.

Business 24 Jun 2003 | 12:00 AM

PJSB eyes jobs worth over RM100mil

PEMBINAAN Jayabumi (Sarawak) Bhd (PJSB) hopes to win orders worth over RM100mil from the soon-to-be-launched national sewerage project.