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UMW’s biggest China plant ready this year

UMW Holdings Bhd expects its longitudinal submerged arc welded steel pipe processing plant in China's Qinhuangdao Economic Technical Development Area to be ready by year-end.


Caucasian crisis deepens

It is quite a turn of events that a number of financial institutions in the US, Europe and Australia has reported large losses. This has an unexpected similarity with the Asian financial crisis of 1997.


Outlook for Success Transformer still bright

The outlook for Success Transformer Corp Bhd remains exciting, given its high leverage on the current regional infrastructure boom, which an Asian Development Bank study estimates is worth US$1 trillion over the next five years, and a burgeoning process equipment market.


Muhibbah to start job

Muhibbah Engineering (M) Bhd, the main contractor for the South Klang Valley Expressway (SKVE), will soon be able to commence work on the highway as the concessionaire SKVE Holdings Sdn Bhd has obtained full funding for the RM1.1bil project.


Award of projects to perk up TRC Synergy

TRC Synergy Bhd has promising prospects as it continues to be awarded more projects and ventures into the oil and gas (OG) sector.


Stock watch

EILEEN HEE writes on Aeon Co (M), Resorts World and Selangor Dredging.


Analysts like Hap Seng

ANALYSTS are positive on Hap Seng Plantations Holdings Bhd (HSP), given its compelling valuations and attractive dividends.


KLCI retreats after hitting new high

The KL Composite Index reached a new high of 1,423.81 points in early trade yesterday as investor confidence was boosted after the US Federal Reserve (Fed) lowered its funds rate by 25 basis points to 4.5% on Wednesday in a widely expected move.


Brokerages see double-digit growth for Digi in FY08

ANALYSTS remain bullish on DiGi.Com Bhd's growth rate for the next financial year ending Dec 31, 2008 (FY08) despite the competitive landscape.


Analysts upgrading Asia File

Analysts are upgrading Asia File Corp Bhd shares to a 'buy', given positive developments that include the company's acquisition of a European dividers producer and a proposed bonus issue.