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I&P sees RM200mil profit

ISLAND and Peninsular Bhd (IP) is moving towards achieving a pre-tax profit of RM200mil for the year ending Jan 31, 2004. Of this profit, 65% is expected to come from its plantation division and the balance from property and trading, chairman Datuk Mohd Zuki Kamaluddin said.

Set up institution which follows syariah laws, urges delegate

A SPECIAL institution to lure international Muslim investors should be set up to convince foreign businessmen that their investments are in accordance with syariah laws, said Kelantan Umno treasurer Datuk Dr Awang Adek Hussein.

PNB declares 6.8 sen income for fund unit holders

PERMODALAN Nasional Bhd (PNB) has declared an income distribution of 6.8 sen for Amanah Saham Didik (ASD) investors for the financial year ending June 30, 2003.

News in brief

News in brief on Litrak, Federal Furniture and PNB.

Anwar Aji slated to take over as Khazanah managing director

DATUK Anwar Aji, currently the chief operating officer of Khazanah Nasional Bhd, is slated to take over as managing director from Tan Sri Mohd Sheriff Kassim when the latter retires at the end of July, sources told I>StarBiz /I>yesterday.

News in brief

News in brief on Suria Capital, SCK Group, Uda Holdings, Leong Hup. MA holdings, Data Prep and PNB.

Guthrie seeking to stride out on its own as global giant

KUMPULAN Guthrie Bhd#039;s proposed rationalisation exercise is seen by plantation analysts and industry observers as a move by the plantation giant to position itself as a global plantation player on its own, and not as part of the government#039;s proposed merger of all Permodalan Nasional Bhd (PNB)-linked plantation companies.

Make peace with free float shortfall

IT has been three years since index constructor Morgan Stanley Capital International (MSCI) announced that it would adjust its equity indices so as to take into account free float levels. Back then, there was some hand wringing among our stock market players over the possibility of Malaysia suffering an exodus of foreign funds.a href=http://biz.thestar.com.my/bizweek/>LI>B>For the full Bizweek reports click here/B>/a>

Valuecap seen to make moderate investments

Online investment advisor Surf88.com writes on prospects for Valuecap.

Has not received ASM dividend cheque

A letter from New Gim Soi.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.