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Business 22 Nov 2010 | 12:00 AM

Axiom Telecom aims to raise US$382mil in IPO

DUBAI, United Arab Emirates: Mideast mobile phone retailer Axiom Telecom is seeking to raise as much as US$382 million in the United Arab Emirates' first initial stock offering this year.

Business 28 Nov 2009 | 12:00 AM

Judicial transformation

Chief Justice Tun Zaki Azmi is set on removing inefficiencies in courts, even if it means 'dragging the judiciary and the Bar(Council), kicking and screaming.'

Business 30 May 2009 | 12:00 AM

Samchem scheduled to list on June 23

The renewed excitement in recent months notwithstanding, the moribund state of the stock market through most of the first half of this year is hard to forget. Such a weak market had in fact frozen out initial public offerings, for who but the bold few would dare resort to equities to raise capital at a favourable pricing?

Business 23 May 2009 | 12:00 AM

Samchem IPO to be the first for the year

Samchem Holdings Bhd, en route to listing on the Bursa Malaysia main board next month, aims to double its overseas revenue contribution to 10%, or over RM40mil, in three years from 5% now.

Business 16 May 2009 | 12:00 AM

Moving up the value chain

AMIDST the strategies of trying to jump-start economic growth during the current recession, the Government has been drumming up talk and interest in trying to move the economy up the value chain.

Business 13 Mar 2009 | 12:00 AM

IBM dives into water as part of 'offense' strategy

SAN FRANCISCO (AP) - IBM Corp. wants to get really deep into water. The technology company is launching a new line of water services Friday, hoping to tap a new sales vein by taking the manual labor out of fighting pollution and managing water supplies.

Business 28 Jan 2009 | 12:00 AM

Surprise rise in existing home sales in December

An unexpected improvement in US home sales provided a rare dose of good economic news on Monday, but companies continued to wield the axe on jobs as the year-long recession inflicted more pain.

Business 03 Nov 2008 | 12:00 AM

Brown's Gulf trip pays dividends on cooperation

DOHA, Qatar (AP) - British Prime Minister Gordon Brown's tour of the Gulf appeared to be paying dividends on Sunday amid signs that Saudi Arabia and Qatar were willing to increase their cooperation in international efforts to contain any further destabilizing spread of the global credit crisis.

Business 04 Aug 2008 | 12:00 AM

Net is Ng’s playground

GOOGLE his name and you will find lots of information on this young information technology (IT) entrepreneur.

Business 21 Mar 2008 | 12:00 AM

Evergrande Real Estate of China scraps HK IPO

Chinese property developer Evergrande Real Estate Group Ltd scrapped its plan to raise up to US$2.1bil in a Hong Kong IPO after failing to generate sufficient investor interest, sources said, adding further gloom to the market for capital raising.