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Business 27 Sep 2003 | 12:00 AM

Astro expects RM2bil from IPO

ASTRO All Asia Networks plc, to be listed on the KLSE in a month's time, will emerge as Malaysia's largest cross-media company with a market capitalisation of RM6.5bil to RM8bil.

Business 01 Oct 2003 | 12:00 AM

Retail portion of Astro IPO set at RM3.80

THE retail portion of Astro All Asia Networks plc's initial public offering has been priced at RM3.80 per share and is subject to a refund in the event the final retail price is less than that.

Business 02 Oct 2003 | 12:00 AM

Astro forecasts RM28mil-RM33mil profit for current year

ASTRO All Asia Networks plc has forecast a profit before tax but after minority interest of between RM28.6mil and RM33.6mil on a turnover of RM1.4bil for its current financial year ending Jan 31, 2004.

Business 11 Oct 2003 | 12:00 AM

Astro institutional tranche oversubscribed

The domestic institutional tranche of Astro All Asia Networks plc's initial public offering (IPO) is believed to be 15 times oversubscribed, with the bulk of the applications bidding at the higher end of the price range.

Business 22 Oct 2003 | 12:00 AM

KLSE closes for Deepavali holiday

THE KLSE and its group of companies will be closed on Oct 24 in conjunction with the Deepavali celebration. Operations will resume on Monday, Oct 27.

Business 29 Oct 2003 | 12:00 AM

Equine closes 48 sen higher on first day trade

PROPERTY-BASED Equine Capital Bhd made a strong debut on the KLSE main board yesterday to close at RM1.48, which is 48% higher than its offer price of RM1. The stock was also the most heavily traded counter, as nearly 74 million shares changed hands.

Business 05 Nov 2003 | 12:00 AM

Mavcap pre-seed fund sees big rise in response

THE Cradle Investment Programme (CIP) saw a 120% month-on-month jump in public submissions of ideas for funding in October compared with September, Malaysia Venture Capital Management Bhd (Mavcap) said in a statement.

Business 05 Nov 2003 | 12:00 AM

US output growth in October fastest in 4 years

B>NEW YORK:/BUS manufacturers cranked up output in October to the fastest pace in nearly four years, according to a report on Monday that showed hard-hit factories enjoying their best rebound since the 2001 recession.

Business 06 Nov 2003 | 12:00 AM

Oil and gas counters buck the trend as KLSE closes lower

THE market closed broadly lower Wednesday on profit-taking, particularly on blue chips such as Genting Bhd and Resorts World Bhd, as investors took advantage of the recent rise in stock prices to cash out.

Business 13 Nov 2003 | 12:00 AM

Penang Port expects more cargo this year

PENANG Port Sdn Bhd expects to handle 683,000 TEUs (twenty-foot equivalent units) of containers this year, representing a 7.7% increase from the 634,000 in 2002.