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New route forum gains interest
THE third New Route Asia Forum will begin in Kuala Lumpur on Monday, and about 300 delegates representing 50 airlines and 30 airports from the around region are expected to attend.
SC rejects HHB Holdings revamp plan
HHB Holdings Bhd said the Securities Commission (SC) has rejected its proposed revamp plan involving a capital reduction and a reverse takeover of Magna Segmen Sdn Bhd, an investment-holding company with interests in the power industry.
Kim Loong seeks 12,000ha for oil palm cultivation
KIM Loong Resources Bhd plans to acquire 12,000ha for oil palm cultivation within the next two years, managing director Gooi Seong Lim said.
Stockwatch
Izwan Idris writes on Jaya Tiasa, Hiap Teck, Coastal Contracts, Glomac and Unimech.
Duo are manager-shareholders of Equity Trust
AFTER completing his studies in Sydney, Australia, Raymond Wong took on the post of an accountant at his cousin#8217;s firm in Labuan. Just two days into the job, he decided to quit.
PWorth to diversify into property development and construction
MAIN board-listed Priceworth Wood Products Bhd (PWorth) is looking at diversifying into construction and property development next year.
PWorth plans to buy PNG timber concession next year
Priceworth Wood Products Bhd (PWorth) plans to acquire a timber concession deal in Papua New Guinea in the second quarter of next year, executive director Michael Chok Syn Vun said.
Philips in deal to expand to east Malaysia
PHILIPS Malaysia Sdn Bhd has announced a business partnership with Pan Sarawak to expand its domestic appliances and personal care products market to east Malaysia.
Maybank targets 30% of trade finance market
MAYBANK expects to capture a 30% share of the local trade finance market by 2007, from 25% at present, banking on the healthy growth of the economy in Malaysia and in neighbouring countries.
Coastal share split likely to draw investor interest
MAIN board-listed Coastal Contracts Bhd's upcoming share split exercise is expected to attract a fresh wave of investor interest in this normally subdued counter.
