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Business 11 Feb 2003 | 12:00 AM

News in brief

News in brief on Kumpulan Guthrie, Petronas, Plantations Development (M) Berhad and other firms.

Business 10 Feb 2003 | 12:00 AM

Stockwatch

Elaine Ang writes on Uchi Technologies, Bernas, Public Bank, YTL Corp and Celcom.

Business 10 Feb 2003 | 12:00 AM

Telekom's strategy: Maintaining stability of fixed line income, growth

ONE of Telekom Malaysia Bhd's strategy for continued profitability was to maintain the stability of fixed line income and grow both the mobile and data business, said its chief executive Datuk Dr Khir Abdul Rahman.

Business 10 Feb 2003 | 12:00 AM

Merger to save Telekom RM1.55bil in expenditure

THE merger of Celcom (M) Bhd and Telekom Malaysia Bhd#039;s subsidiary TM Cellular Sdn Bhd is expected to lead to savings of RM1.55bil in operating and capital expenditure for this and next year.

Business 03 Feb 2003 | 12:00 AM

RAM reaffirms Telekom’s Medium-Term Notes

RATING Agency of Malaysia (RAM) Bhd has lifted the rating watch on, and subsequently reaffirmed, the I>AAA/I>-rating of Telekom Malaysia Bhd#039;s RM700mil Medium-Term Notes Programme (2001/08).

Business 01 Feb 2003 | 12:00 AM

Short, quiet trading week ahead

Next week is unlikely to bring much in the way of excitement to the Kuala Lumpur Stock Exchange (KLSE) as most investors will be away for the whole week for the Chinese New Year holidays. As such, market observers are bracing for a quiet, if somewhat dull, short trading week ahead.

Nation 01 Feb 2003 | 12:00 AM

Foreigners guarding key points

Some high security areas and installations in the country, considered as security key points, are being guarded by foreign workers.

Business 31 Jan 2003 | 12:00 AM

South Africa's Telkom offers 139 million shares for IPO

In its most important privatisation, South Africa offered yesterday 139.3 million ordinary shares in state-controlled phone utility Telkom #8211; a quarter of the fixed-line and cellphone group #8211; at between 33.50 and 40.90 rand a share. The long-awaited initial public offering (IPO) is expected to rake in 4.7 billion to 6.8 billion rand.

Business 30 Jan 2003 | 12:00 AM

Celcom to appoint committee to address merger issues

CELCOM (Malaysia) Bhd will appoint a committee within 10 days to resolve outstanding issues raised by DeTeAsia Holding GmbH over the planned mer- ger between Celcom and the cellular arm of Telekom Malaysia Bhd, says Celcom chairman Datuk Dr Munir Majid.

Business 30 Jan 2003 | 12:00 AM

Telekom unfazed by DT twist

The merger of Celcom (M) Bhd and Telekom Malaysia Bhd#039;s cellular unit, TM Cellular Sdn Bhd, will not be jeopardised by the latest twist involving Deutsche Telekom AG (DT).