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PERNAS International Holdings Bhd (PIHB) aims to reduce the group's total debt from RM2.5bil to RM1bil by the third quarter of this year by disposing of some non-core assets, according to its chairman Datuk Megat Najmuddin Megat Khas.
IT probably came as no surprise when SCB Developments Bhd announced its final dividend of 12.5 sen less 28 per cent tax to its shareholders on Monday. In August, it had earlier announced an interim dividend of 7.5 sen, thus making a total gross dividend payout of 20 sen. The expiry and entitlement dates are May 12, 2003 and May 16, 2003 respectively.
KUMPULAN Guthrie Bhd may consider listing its Indonesian plantation operations next year if the market scenario is conducive, group chief executive Tan Sri Abdul Khalid Ibrahim said.
KUMPULAN Guthrie Bhd#146;s property development business will contribute 40% to group revenue this year while plantations will make up the balance.
NAZA Kia Sdn Bhd, the automotive arm of the Naza group of companies which distributes Kia vehicles in the country, is targeting to introduce the first national multi-purpose vehicle (MPV) to the local market by the third quarter of this year.