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Business

KPJ spreading wings overseas

KPJ Healthcare Bhd, the biggest private hospital operator in the country, plans to spread its wings overseas and has initiated talks with parties from countries such as the Middle East, China, Indonesia, Brunei and Singapore.

Business

AirAsia plans to buy 5 more aircraft next year

AIRASIA is committed to buy up to five Boeing 737-300 by the end of next year to complete its fleet of 21 jetliners - including 16 on lease - by the middle of next year.

Business

MAS keen on more super jumbos

MALAYSIA Airlines (MAS) says it would be interested in adding more of the large-capacity I>Airbus A380/I>s to service its busiest routes to Europe, Asia and Australia once the technical capabilities and economics of the six aircraft slated for delivery in 2007#8211;2008 are proven.

Business

Inch Kenneth unit leasing land from Cepco for RM14.8mil

PROMINENT Mirage (M) Sdn Bhd, a wholly-owned subsidiary of Inch Kenneth Kajang Rubber Public Ltd Co (IKK), has entered into a conditional sale and purchase agreement (SPA) and a conditional leaseback arrangement for the lease of 11.344 acres of industrial land with office building in Mukim Serendah, Ulu Selangor from Concrete Engineering Products Bhd (Cepco) for RM14.875mil.

Business

PSA eyes stake in Shanghai port

Singapore's state-owned PSA Corp Ltd, which runs the world's second busiest container port after Hong Kong, is keen to take a stake in Shanghai's new multi-billion dollar Yangshan Port.

Business

AirAsia plans to sell a third of shares to buy new aircraft

AIRASIA Sdn Bhd plans to sell about a third of its shares to the public next year, raising as much as US$300mil to buy new aircraft, said a company official.

Business

Pulai Springs Resort guarantees 60% rental return in six years

Investors who find the current fixed deposit rates too paltry, may be glad to know that buying a CintaAyu resort apartment in the award-winning Pulai Springs Resort in Johor Baru can guarantee them a 60% rental return over six years.

Business

Citigroup beefing up Islamic ops

CITIGROUP Islamic banking vehicle, Citi Islamic Investment Bank E.C. (CIIB), aims to strengthen its position in the global Islamic banking business through its diversified range of alternative Islamic products and services for the international market.

Business

Reapfield tie-up makes firm premier specialist

REAPFIELD Properties Sdn Bhd is confident its affiliation with NAI corporate real estate services worldwide will turn the company into a premier corporate and commercial real estate services specialist, said its president David Ong.

Business

MASkargo eyes 15% growth in turnover

MASKARGO is confident of achieving at least 15% growth in turnover for the financial year ending March 31, 2004, after the leasing of a new freight aircraft and expansion in its information technology (IT) facility.