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Business

AirAsia in RM380m aircraft deal

AIRASIA Sdn Bhd entered into leasing and purchasing agreements worth some US$100mil (RM380mil) yesterday to increase its fleet by 11 aircraft.

Health

Parkinson's support

Parkinson's disease is a progressive, neurological disorder that mainly affects elderly people. It is characterised by a deficiency of dopamine, a biochemical substance in the brain that is important for co-ordination of body movement.

Business

IFCA, OSK sign underwriting agreement

IFCA MSC Bhd signed an underwriting and placement agreements yesterday with OSK Securities Bhd for its proposed listing on the Mesdaq market of the KLSE.

Letters

Islamic securities play key role

Dr Zainal Azam bin Abd. Rahman talks on the role islamic private debt securities (IPDS) have had in the Malaysian capital market.

Business

Increased flights may see more Nepalese in KL

TOURISTS from the ancient kingdom of Nepal are expected to flock to Malaysia with the proposed move by the Royal Nepal Airlines to increase the number of flights from Kathmandu to Kuala Lumpur from twice to thrice weekly.

Business

Orix expects 9% growth in leasing and hire purchase

ORIX Leasing Malaysia Bhd expects a 9% growth in the leasing and hire purchase businesses this year, spurred on by the automation and manufacturing sectors.

Business

KLSE takes MBf Capital to task for breach

The KLSE has publicly reprimanded MBf Capital Bhd for breaches of Section 33 of the main board Listing Requirements for failing to make immediate announcements in respect of the winding-up petitions served on MBf Capital and its wholly-owned subsidiary, MBf Leasing Sdn Bhd by Southern Investment Bank Bhd on May 23, 2001.

ASEAN+

More cars being deregistered

YET another record number of cars could be taken off the road this year.

Business

Media and advertising to contribute 20% to KLIG turnover

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.

Business

Proton revs up for the big battle

THE massive reorganisation of Proton unveiled by its CEO, Tengku Tan Sri Mahaleel Tengku Ariff, carries a loud message: Proton is not going to sit around and be a lame duck allowing all and sundry to take pot shots at it; and its competitors, market share.