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Business

Protasco IPO oversubscribed by 12.2 times

PROTASCO Bhd#039;s initial public offering (IPO) comprising 5 million 50 sen shares at an issue price of RM1.15 per share has been oversubscribed by 12.18 times.

Business

BLD Plantation registers 45 sen premium on debut

SARAWAK-BASED BLD Plantation Bhd made a commendable debut on the KLSE main board yesterday, registering a premium of 45 sen over its issue price of RM2.

Business

KN Kenaga: Big upside for CI next year

STOCKBROKING firm Kamp;N Kenaga Bhd sees significant upside for the KLSE Composite Index by next year in view of better corporate earnings.

Business

AirAsia improving safety, security

NO FRILLS airline AirAsia Sdn Bhd will spend RM125.4mil to upgrade security and safety technologies in 11 aircraft that it has purchased from General Electric Company, in addition to RM380,000 for new interior furnishing.

Business

RM180mil bridge job for Shin Yang

SHIN Yang Engineering Sdn Bhd has been awarded the proposed RM180mil privatised Sungai Assan bridge project in Sibu, central Sarawak.

Business

News in brief

News briefs on Hock Seng Lee, Grand Hoover, Tenggara Oil, Eastern Oriental, Magni-Tech, Road Builders, MTD Capital and Global Soft.

Business

Giant positioned as the premier retail operator

DAIRY Farm Giant Retail Sdn Bhd, which owns the Giant chain of supermarkets, hypermarkets and superstores, aims to be the premier retail operator in the country, chief executive officer John J. Coyle said.

Business

News in brief

News in brief on Park May, Jotech, Dunham-Bush, Ekovest, Protasco, Golden Hope, TT Resource, APL Industries and TRC Synergy..

Business

KBB plans to list by early 2004

VERMICELLI manufacturer KBB Resources Bhd, which is seeking listing on the KLSE second board, is expected to be listed next month or by early 2004, said group executive director Kenny Ang.

Business

NV Multi sees sales doubling in 5 years

The ability of NV Multi Corp Bhd to tap the budding 'niche' market of bereavement care in the increasingly affluent population of Malaysia has propelled its growth to become one of the largest, if not the largest, integrated funeral and bereavement care companies in Asia.