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KL Monorail operator KL Infrastru-cture Group Bhd (KLIG), which made its debut on the KLSE main board yesterday, expects its ancillary activity of media and advertising to contribute 20% to projected turnover of RM50mil for the financial year ending April 30, 2004.
MASKARGO, the transportation arm of Malaysia Airline (MAS), is projecting a growth of 19% in revenue for the year ending March 2004, said its senior general manager (cargo) J. J. Ong.
This is the third and final part of a series on CIMB's venture into Islamic banking. The first two appeared on March 10 and April 14. Come June 2, Bank Negara governor Tan Sri Zeti Akhtar Aziz will launch CIMB's product offerings for Islamic banking.
INDUSTRIAL space letting company Dynamic Pillar (M) Sdn Bhd (DPSB) seeks to further expand its business. It expects to invest RM100mil in new projects in the next two years, according to its managing director Abdul Hamid Bawal.
HSBC Bank Malaysia Bhd deputy chairman and chief executive officer Zarir J. Cama can be best described as one of the key figures in the setting up of HSBC Group#039;s global Islamic banking services.
The Government has decided to terminate its contract with a firm supplying and maintaining a fleet of official vehicles as it has lost #8220;hundreds of millions of ringgit.#8221;
The former chief executive officer of the first licensed Islamic leasing company in Malaysia was charged in the Sessions Court with cheating the company of RM450,000 about three years ago.
Book review by TAN KIM SENG. Title: Malaysian Master Tax Guide 2003. Authors: CCH Tax Editors. Publisher: Commerce Clearing House
MAGNIFICIENT Diagraph Sdn Bhd, the operator of Carrefour hypermarkets in Malaysia, will be investing RM25mil in its Putrajaya outlet, which is scheduled to be opened by the 2nd quarter of next year.
BERJAYA Capital Bhd said its subsidiaries, Prime Credit Leasing Sdn Bhd, Berjaya Insurance Bhd and InterPacific Securities Sdn Bhd had been successfully allotted and issued 22.405 million new ordinary shares of RM1 each, representing 9.92% in MOL.com Sdn Bhd for RM22.41mil.