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Business

Growing interest in global investments

Global funds are expected to gain prominence this year following encouraging response from local investors, the Federation of Malaysian Unit Trust Managers (FMUTM) said.

Business

Top Glove expects 40% jump in sales

Top Glove Corp Bhd expects revenue to touch RM900mil for the year ending Aug 31, 2006, from RM641.8mil a year earlier. This would be achieved on the back of the group's aggressive expansion plans, said executive chairman and chief executive officer Datuk Lim Wee Chai.

Business

Stockwatch

A look at Malaysian Oxygen, Sapura Technology, Hiap Teck Ventures, Kosmo Technology Industrial, and PSC Industries.

Business

QL Resources to raise dividends

QL Resources Bhd plans to increase its dividend payout ratio to between 28% and 30% in the coming years as profits grow, said managing director Chia Song Kun.

Business

Parkson upbeat on prospects in China

LEVERAGING on its strength and proven success, Parkson Retail Group Ltd (PRG) is upbeat on its prospects in China, where the retail industry is burgeoning in tandem with the booming economy.

Business

AmResearch: Strong niche makes SBB attractive

SOUTHERN Bank Bhd (SBB) is an 'attractive value proposition' based on its strong niche in consumer banking and wealth management segments, good management and strong capital, said AmResearch Sdn Bhd.

Business

Maybank declares huge final dividend

Malayan Banking Bhd (Maybank) reported a drop in its fourth quarter net profit as a result of writing down long-standing non-performing loans but declared a huge final dividend of 60 sen a share that, together with its interim payouts, exceeded the bank's net profit for the whole year.

Business

Maybulk to pay higher dividend

Malaysian Bulk Carriers Bhd (Maybulk) will pay its shareholders a higher dividend this year, in line with its plans to increase yearly dividends.

Business

China Mobile Q2 profit rises as discounts pull rural users

China Mobile (Hong Kong) Ltd, the world's largest mobile phone company by users, reported a 36% jump in second-quarter profit as discounts attracted subscribers in rural areas. Its shares had their biggest gain in almost three years.

Business

BToto shares up 14 sen to RM4.52 on positive news

SHARES in Berjaya Sports Toto Bhd (BToto) gained 14 sen to RM4.52 yesterday on brisk volume after several research houses released positive reports on the proposed sale of BToto shares by Berjaya Land Bhd (BLand) to Intan Utilities Bhd (Intan).