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Business

Supermax counts on new income stream

KUALA LUMPUR: Glove maker Supermax Corp Bhd is banking on a new income stream derived from global sales and marketing networkto mitigate any effects of higher productioncost.

Business

Hartalega to go on plant expansion drive

KUALA LUMPUR: Hartalega Holdings Bhd expects a net profit of between RM180.1mil and RM208.6mil for the current financial year and 2012 respectively

Business

PNHB queries to be answered

PETALING JAYA: The Selangor state government is reviewing the second set of clarifications sought by Puncak Niaga Holdings Bhd (PNHB) regarding the state's water asset takeover proposal.

Business

Public Bank expected to remain positive

PETALING JAYA: Public Bank Bhd, which posted a stellar performance for the financial year ended Dec 31, 2010 (FY10) beating analysts' consensus, is expected to remain positive in the current financial year.

Business

MAHB on track to meet five-year plan

PETALING JAYA: Malaysia Airports Holding Bhd (MAHB), which recently unveiled its key performance indicators (KPIs) for this year, is expected to achieve its five-year (2010-2014) business plan.

Business

Brighter prospect but KNM faces legacy issues

PETALING JAYA: Securing a RM2.2bil power plant project in Britain will boost KNM Group Bhd's order book to RM4.6bil, but the company will still have to address legacy issues in the next few years.

Business

Scond stage of LRT extension project estimated at RM1.7bil

PETALING JAYA: Although the contract awards for the first phase (Package A) of the light rail transit (LRT) extension project have eluded the big construction players, the big boys will have another chance to bid for phase two (Package B), which is estimated to be worth about RM1.7bil, by the middle of next year.

Business

MRCB to go big in the property sector

PETALING JAYA: After nearly 30 years, Malaysian Resources Corp Bhd (MRCB) is poised to join the 'premier league' of the property development sector via its proposed merger with IJM Land Bhd.

Business

Analysts positive over IJM Land-MRCB merger

PETALING JAYA: Analysts are generally positive on the merger proposal between IJM Land Bhd and Malaysian Resources Corp Bhd (MRCB) although details of the proposal have yet to be revealed.

Business

Show ’em how to invest

We've often heard that the best gift a parentcan give his or her kids is financial security.And with costs of living on a constant risethese days, perhaps it's time to give this alittle more serious thought.