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Business 12 Feb 2003 | 12:00 AM

Foster's records modest rise in H1 profit

Australian brewer and winemaker Foster's Group Ltd posted a modest 4.1% rise in first-half profit yesterday, and warned that tougher competition in the wine industry meant it would struggle to meet its full-year targets.

Business 29 Jan 2003 | 12:00 AM

TNB on track to fine performance

TENAGA Nasional Bhd (TNB) has posted a 1.3% increase in pre-tax profit to RM798.2mil for its first quarter ended Nov 30, 2002, from a year earlier, and is looking at ways to increase shareholders' funds and smoothen the foreign exchange impact on earnings.

Business 27 Jan 2003 | 12:00 AM

Maybank favoured among heavyweights

DESPITE analysts#039; generally neutral stance on top heavyweights Malayan Banking Bhd (Maybank), Tenaga Nasional Bhd (TNB) and Telekom Malaysia Bhd, their shares have outperformed the market of late.

Business 25 Jan 2003 | 12:00 AM

PTP right on target

WHEN Malaysia Mining Corp Bhd (MMC) paid a whopping RM1.6 billion for a 50.1 per cent stake in Port of Tanjung Pelepas (PTP), many were sceptical, suggesting that the conglomerate's acquisition was questionable given the long gestation period of a port operator and its hefty capital expenditure.

Business 25 Jan 2003 | 12:00 AM

MMC pitches its appeal

MALAYSIAN Mining Corp Bhd (MMC) is only too eager to pitch its appeal to investors.

Business 24 Jan 2003 | 12:00 AM

Low returns aside, Palmco shares worth the hold

IF an investor had bought one lot of Palmco Holdings Bhd shares for RM1,840 in January 1990 and held on to it up to Dec 31, 2002, he would have netted a gain of RM3,007, inclusive of dividends and capital gains.

Business 18 Jan 2003 | 12:00 AM

KLIA passenger traffic up 12.3%

PASSENGER traffic at the KL International Airport (KLIA) grew by an encouraging 12.3% to 16.325 million last year, making it the fastest growing airport in the region, said its operator, Malaysia Airports Holdings Bhd (MAHB). The growth was achieved despite the slowdown in air travel after the Sept 11, 2001, terror attacks in the United States.

Business 18 Jan 2003 | 12:00 AM

MD: LG to focus on core business

LAND amp; General Bhd (Lamp;G), which is finalising its seven-year restructuring programme, will stick to its core business of property development even after it clears off its debts, said managing director Mike Krishnan.

Business 14 Jan 2003 | 12:00 AM

IOI still a favourite for investors

IOI Corp Bhd has been a firm favourite among institutional funds for a long time. Investors usually cite the management#039;s strength and solid core of businesses as reasons for owning a slice of the company.

Business 11 Jan 2003 | 12:00 AM

Commercial real estate for individuals

The country#8217;s demographics are changing and this results in investment opportunities emerging through demographic trends.