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Business

Scomi makes impressive debut

OIL and gas engineering specialist Scomi Group Bhd made an impressive debut on the KLSE second board yesterday, with its shares closing at RM2.01 #150; 63 sen or 46% higher than its initial public offering (IPO) price of RM1.38.

Business

News in brief

News in brief on Ahmad Zaki Resources, Balfour Beaty. MMC, UCI and Ramatex.

Business

Minister: Intensify German-M’sian SME ties

GERMAN Economic and Labour Minister Wolfgang Clement has called for greater co-operation between German and Malaysian small- and medium-sized enterprises (SMEs).

Business

PJI expects to maintain profit

PJI Holdings Bhd expects its performance in the current financial year ending June 30 to match last year#039;s results, chief executive officer and managing director Lee Peng Joo said.

Business

Primeclass Aquionics sets into its stride

THE next few years look set to be very busy for water treatment products manufacturer Primeclass Aquionics Sdn Bhd.

Business

PPB evolving into global giant

THE low profile PPB Group Bhd, a Malaysian flagship company of the Kuok family, is evolving into a global conglomerate as it continues to cultivate future growth.

Business

PJI looks to China for more revenue

PJI Holdings Bhd expects its revenue to grow by more than 10% from the year to June 2004 as contributions from its water treatment project in China and potential new operations come on stream, chief executive officer and managing director Lee Peng Joo said.

Business

Salcon gets RM200m Negri project

SALCON Engineering Bhd, a wholly-owned subsidiary of Kumpulan Emas Bhd, has been awarded a RM200mil contract by the Negri Sembilan Water Department (JBANS) for the management, operation and maintenance (Oamp;M) of Sungai Terip water treatment plant.

Business

Great Eastern launches first insurance policy for SARS

GREAT Eastern Life Assurance (M) Bhd has launched the country's first insurance policy for SARS (Severe Acute Respiratory Syndrome), providing a one-off cash payment of RM5,000 to policyholders diagnosed to have the disease and treated either in Malaysia or Singapore.

Business

Salcon Engineering on overseas drive

Water treatment-based Salcon Engineering Bhd wants to expand its business to more Asean countries as well as China, India and Sri Lanka, says its chief executive officer Lim See Teok.