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Business 15 Feb 2003 | 12:00 AM


THE rating of TH GROUP BHD#8217;S RM150mil Al-Bai Bithaman Ajil Islamic debt securities (BaIDs) facility has been affirmed at AID (Single A, Islamic debt).

Business 28 Feb 2003 | 12:00 AM

F&N pre-tax profit increases 26.1% for first quarter

FRASER Neave Holdings Bhd's (FN) pre-tax profit rose 26.1% to RM39.5mil for the first quarter ended Dec 31, 2002 compared with the previous corresponding quarter.

Business 28 Feb 2003 | 12:00 AM

Nestle profit up 13% but misses sales growth target

Nestle SA, the world#8217;s largest food group whose portfolio of brands includes I>Nescaf/I>e coffee, I>KitKat/Ichocolate bars and I>Perrier/Iwater, reported yesterday a 13% rise in 2002 profit but said core sales growth failed to reach its own target.

Business 01 Mar 2003 | 12:00 AM

Nestle posts lower pre-tax profit of RM234mil

Nestle (M) Bhd has announced a lower pre-tax profit of RM234.2mil for the financial year ended Dec 31, 2002, which was 11.5% less than the RM264.7 achieved in the previous year.

Business 04 Mar 2003 | 12:00 AM


RATING Agency Malaysia Bhd (RAM) has downgraded the long-term rating of B>FACB RESORTS BHD'S/BRM420mil zero coupon redeemable secured bonds to I>B1(s)/Ifrom I>BB3(s)/I>.

Business 07 Mar 2003 | 12:00 AM

Slowdown in corporate earnings growth generally

EXCEPT for the plantation sector whose bottom line was buoyed by strong crude palm oil prices, the recently released financial results for the quarter ended Dec 31 last year indicated a general slowdown in corporate earnings growth.

Business 08 Mar 2003 | 12:00 AM

Ambient media no fad

BIG Events Sdn Bhd, which sells advertising space for Putraline (formerly Putra-LRT), has done a lot to popularise advertising and promotions at the stations and on the trains.

Business 08 Mar 2003 | 12:00 AM

Brokers' Call

Magnum Corp Berhad

Business 14 Mar 2003 | 12:00 AM

News in brief

News in brief on Nestle, Tanco and other firms.

Business 15 Mar 2003 | 12:00 AM

More high dividends in the offing

CARLSBERG Brewery Malaysia Bhd#039;s latest announcement of a generous dividend is a trend that is likely to be emulated by Malaysian companies.