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Business

SIDC to hold workshop on equities market

THE Securities Industry Development Centre (SIDC) will organise a four-day workshop on the Malaysian equities market from Jan 8 to 11 at the Securities Commission (SC) in Kuala Lumpur.

Business

CIMB posts RM39.3mil Q3 profit

CIMB Bhd, which will be listed on the KLSE main board on Jan 8, has reported a lower pre-tax profit of RM39.3mil for its third quarter ended Sept 30, 2002, down 35% from RM61mil in the same period the year before.

Business

The year that was - 2002

YEAR 2002 was clearly one of many misses for the local stock market.

Business

Sin Heng Chan given 2 months to pick auditors

THE Securities Commission (SC) has given financially-troubled Sin Heng Chan (Malaya) Bhd two months to appoint investigative auditors to conduct an independent assessment of the company#8217;s previous losses.

Business

Park May to sell Rangkaian stake

BUS operator Park May Bhd, in an effort to reduce its debts, plans to dispose of its 20% stake in Rangkaian Segar Sdn Bhd, the operator of the Touch #8216;n Go electronic payment system.

Business

First unit split for 3 MAA Mutual unit trust funds

MAA Mutual Bhd, the unit trust arm of MAA Holdings Bhd, which launched three unit trust funds in February last year, has announced the maiden unit splits for all the funds for its financial year ended Dec 31, 2002.

Business

Tongkah, Wembley shares plunge on suspension news

Shares in both Tongkah Holdings Bhd and Wembley Industries Holdings Bhd took a beating yesterday following news the two PN4 companies' securities, together with those of UCP Resources Bhd, would be suspended from trading from Jan 10.

Business

Nascom can complete takeover of PN4 firms by March

PERBADANAN Komputer Nasional Bhd (Nascom) expects to complete the takeover of 11 listed companies currently under PN4 status by March. The takeover will result in the companies being relisted on the KLSE.

Business

Versus the CI

Izwan Idris writes on Jaya Jusco, Teck Guan, Pharmaniaga, HeiTech and RHB Capital.

Business

SKP Resources gearing to be one-stop centre by 2005

PLASTIC injection moulded components maker SKP Resources Bhd expects to become a one-stop service centre by the year 2005.