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Business 09 May 2003 | 12:00 AM

Government hopes to double number of large listed firms to 8

More large-capitalised, public-listed companies are needed to attract local and foreign institutional investors to the local bourse, Second Finance Minister Datuk Dr Jamaludin Jarjis said.

Business 09 May 2003 | 12:00 AM

Telcos can expect more changes

The competitive landscape in the telecommunications industry is expected to change in the coming years now that market dynamics are somewhat different from a few years ago.

Business 09 May 2003 | 12:00 AM

3-pronged strategy by VADS to maintain growth

Managed network service provider VADS Bhd has mapped out a three-pronged strategy to mitigate the adverse impact of economic uncertainties on the company's revenue.

Business 06 May 2003 | 12:00 AM

Telekom to sign US$1.1bil bridging loan this week

TELEKOM Malaysia Bhd plans to sign this week an agreement for a US$1.1bil bridging loan with four banks to fund the purchase of outstanding shares of cellular operator Celcom, its chief executive told I>Reuters/Iyesterday.

Business 28 Apr 2003 | 12:00 AM

New board lots can attract retail buying

THE implementation of reduced board lot size for securities listed on the trading and services sector today may spark some buying interest in battered blue chips stocks, especially from retailers.

Business 26 Apr 2003 | 12:00 AM

Telekom and BSN in credit and debit cards tie-up

Telekom Malaysia Bhd fixed-line customers can settle their bills using credit cards or debit cards at Bank Simpanan Nasional (BSN) counters under an agreement signed between the 2 parties.

Business 24 Apr 2003 | 12:00 AM

TESB makes a mandatory offer for Celcom shares

TELEKOM Malaysia Bhd said its wholly-owned subsidiary Telekom Enterprise Sdn Bhd (TESB) is making a mandatory offer for the remaining Celcom (M) Bhd shares at RM2.75 cash per share after Tuesday's transactions saw its shareholding in Celcom exceeding 50%.

Business 18 Apr 2003 | 12:00 AM

Telekom to invest US$90mil more in Sri Lanka unit

Telekom Malaysia Bhd said yesterday it would invest an additional US$90mil in Sri Lanka#8217;s MTN Networks Ltd, its fully-owned subsidiary and the island#8217;s largest mobile operator.

Business 18 Apr 2003 | 12:00 AM

Merged Celcom sees big savings

Celcom (M) Bhd and TM Cellular Sdn Bhd, which legally completed their merger yesterday, announced an integration master plan that would see both companies move towards a single operating entity by October 2004 and save RM1.5bil in the process.

Business 16 Apr 2003 | 12:00 AM

Celcom first quarter profit up 127%

CELCOM (M) Bhd has reported a 127% jump in profit after tax to RM84.9mil for its first quarter ended March 31 from RM37.4mil in the corresponding period of last year.