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Business

PTP right on target

WHEN Malaysia Mining Corp Bhd (MMC) paid a whopping RM1.6 billion for a 50.1 per cent stake in Port of Tanjung Pelepas (PTP), many were sceptical, suggesting that the conglomerate's acquisition was questionable given the long gestation period of a port operator and its hefty capital expenditure.

Business

Clear air but turbulent weather

LAST week, Malaysia Airports Holding Bhd revealed that passenger numbers in Kuala Lumpur International Airport grew by 12.3 per cent. Quite an #8220;outstanding achievement#8221; on the back of challenging times in the aviation industry.

Business

20 firms that may pay generous dividends

Online investment advisor Surf88.com on firms that may pay generous dividends.

Business

MAS raising flight frequency

FRESH from completing its turnaround scheme, Malaysia Airlines (MAS) unveiled yesterday an expansion plan to provide greater connectivity to lucrative markets within the region and domestically.

Nation

Ministry: Buy padi directly

The Agriculture Ministry will allow Area Farmers Associations to buy padi from farmers to ease congestion at Bernas complexes during the harvest season.

Business

More is expected of Boustead

IT IS perhaps with big dollops of artistic licence that a company which has been experiencing an erratic growth track record over the past five years and suffered a loss in 2001 should fashion itself as #147;one of Malaysia#146;s fastest growing corporations#148;.

Business

B-Toto ICULS attract interest

GAMING counter Berjaya Sports Toto Bhd's (B-Toto) irredeemable convertible unsecured loan stocks (ICULS), which expire on Aug 4, 2012, have attracted interest as the loan stocks have been actively traded recently.

Business

Qantas to market Aussie bonds

Australian flag carrier Qantas Airways Ltd will market an Australian dollar bond issue to local and Asian investors next week, market sources said yesterday.

Business

Amway's cash hoard gives hope to special dividend

KNOWN for its dividend generosity, Amway Corp Bhd has lived up to shareholders#039; expectation yet again. In late January, Amway announced an interim dividend of 7.5 per cent for the financial year ending August 31, 2003. The ex-date is on Feb 13, 2003 while the entitlement date falls on Feb 17, 2003.

Business

MISC Tenaga

MAS