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Aviation industry takes off
MALAYSIA'S aviation industry never had it so good. In its darkest years, the industry comprised a single airline and had suffered heavy losses.
2004 seen as positive year for property developers
PROPERTY companies have been making headlines with better sales of their properties, and many have taken advantage of the keen consumer interest to launch their projects.
MOX posts RM26.3mil Q1 net profit
MALAYSIAN Oxygen Bhd (MOX) has posted net profit of RM26.3mil or 18.99 sen per share for its first quarter ended Dec 31, 2003, compared with RM25.4mil or 18.33 sen per share in the previous corresponding period.
Malaysia Airports to re-negotiate terms with the government
MALAYSIA Airports Holdings Bhd (MAHB) will re-negotiate its terms of lease rental with the government. The company has informed the government of this and it is learnt that discussions will start as soon as the latter is ready.
More property companies making bonus issues
THE recent bonus issue announcements by listed property companies are an indication of the stronger prospects ahead for the property sector and the improved performance of these developers.
Bank Pembangunan targets higher loan growth
Bank Pembangunan Infrastruktur Malaysia Bhd is targeting to grow its development banking and infrastructure loans by at least 20% each this year, said managing director and chief executive officer Datuk Abdul Rahim Mohd Zin.
No plan for new bonds this year, says TNB
TENAGA Nasional Bhd (TNB) has no plans to issue new bonds this year, but instead will raise RM4.4bil by mid-2004 through the sale of its RM3.6bil Kapar power plant as well as stakes in several independent power producers, said chairman Datuk Dr Awang Adek Hussain.
Captains of industries hail moves
The private sector was left in little doubt as to Prime Minister Datuk Seri Abdullah Ahmad Badawi's message at the NEAC Dialogue Forum Tuesday. Read some of the views by the business community.
