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Business

Price of CPO heading toward RM2,000 a tonne

THE spot price of crude palm oil (CPO), which traded above RM1,900 per tonne Thursday, is expected to hit the #8220;magic figure'' of RM2,000 very soon, going by the commodity's continued bullish performance.

Business

News in brief

News briefs on Kejuruteraan Samudra, Iretex Corp., Hua Yang, Proton and CPA.

Business

Aturmaju IPO oversubscribed 377.9 times

THE public tranche of Aturmaju Resources Bhd's initial public offering (IPO) shares was oversubscribed 377.96 times, MIDF Consultancy and Corporate Services Sdn Bhd (MIDFCCS) said in a statement.

Business

Analysts: Good time to pick up quality shares

THE recent decline in the price of poultry-related stocks is an opportunity for investors to accumulate quality shares at lower prices, analysts said.

Business

ERL posts first full-year profit and revives IPO plans

EXPRESS Rail Link Sdn Bhd (ERL), which runs trains from Kuala Lumpur to KL International Airport, has revived plans for an initial public offering (IPO) after posting its first full-year profit in 2003, executive chairman Datuk Mohd Nadzmi Mohd Salleh said.

Business

ASDB sees better performance this year

AMANAH Short Deposits Bhd (ASDB), which issued debt facilities worth around RM1.2bil last year, expects its current year performance to improve, executive director Megat Hisham Megat Mahmud said.

Business

November manufacturing sales up 11%

MANUFACTURING sales for November 2003 rose 11.4% to RM29.3bil from RM26.3bil in the equivalent month of 2002, the Statistics Department said yesterday.

Business

Versus the CI

Highlights on: Duopharma, Englotechs, M Plant, MIDF, BSA

Business

News in brief

Wembley Industries Holdings, Glomac Bhd, MWE Holdings, Wing Tiek, Salcon, Utama Banking Group, Axis Famous, and Unza Holdings.

Business

Manufacturing sales surge to RM30.5bil

MANUFACTURING sales surged 11.7% to RM30.5bil in October from RM27.3bil recorded during the same month last year on strong demand for Malaysian-made goods.