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Business 11 Mar 2003 | 12:00 AM

Boustead makes offer in bid to privatise Kuala Sidim

BOUSTEAD Holdings Bhd has made a proposed voluntary offer to acquire the remaining 54.2 million shares or 43.5% of the issued and paid-up share capital in Kuala Sidim Bhd it does not already own for RM325mil or RM6 per share.

Business 11 Mar 2003 | 12:00 AM

Maybank expects 10% annual growth in Japan business

MALAYAN Banking Bhd, which has set up a Japan desk with Mizuho Corporate Bank Ltd of Japan, expects a 10% annual growth in trade volume in view of the growing confidence among Japanese entrepreneurs in the Malaysian economy.

Business 10 Mar 2003 | 12:00 AM

Going international on Islamic products

CIMB Group is expanding its reach in the Islamic financial market with a goal to becoming a predominant player given its strong market position and track record in the conventional market.

Business 01 Mar 2003 | 12:00 AM

OSK offering special cards for its associates and staff

OSK Holdings Bhd yesterday launched its OSK Priority Card together with the OSK Priority Club for customers, business partners, shareholders and employees.

Business 26 Feb 2003 | 12:00 AM

CIMB profit 16% higher than forecast

RECENTLY-LISTED CIMB Bhd has announced a pro forma after-tax profit of RM130.4mil for the year ended Dec 31, 2002, beating by 16% the profit forecast of RM112.7mil that it made in its prospectus.

Business 25 Feb 2003 | 12:00 AM

WWE eyeing RM200m jobs to upgrade treatment system

WWE Holdings Bhd is eyeing contracts worth about RM200mil involving the upgrading of chemical and industrial waste treatment systems for various types of industries in the country, according to executive chairman Tan Sri Rozali Ismail.

Business 22 Feb 2003 | 12:00 AM

Will RHB Sakura retain lead position?

EVER SINCE RHB Sakura Merchant Bankers Bhd was de-listed from the local stock exchange late last year and taken private, the bank has witnessed a host of management changes. It is a fresh new chapter for the merchant bank but one without two key people #150; former managing director George Ratilal and former owner Tan Sri Abdul Rashid Hussain.

Business 22 Feb 2003 | 12:00 AM

Wider scope of services seen for Symphony

AFTER years of being in the public eye, Datuk Mohamed Azman Yahya has evidently picked up a thing or two about giving newsmen something to talk about. At the debut of his company, Symphony House Bhd, on the Mesdaq Market on Valentine's Day, he announced that it would apply for an investment adviser licence from Securities Commission.

Business 22 Feb 2003 | 12:00 AM

Bernas' major moves

LAST Wednesday, Bernas announced the redesignation of Datuk Mohd Ibrahim Mohd Nor from executive vice-chairman to non-executive director.

Business 21 Feb 2003 | 12:00 AM

RHB posts higher interim pre-tax of RM121mil

THE RHB group has reported strongly better results for the first six months ended Dec 31, 2002, with holding company Rashid Hussain Bhd leading the way with a rise in pre-tax profit to RM120.6mil from RM66.5mil in the previous corresponding half.