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Business 25 Mar 2003 | 12:00 AM

KLIG plans to use 95% of proceeds to pay up debts

KL Infrastructure Group Bhd (KLIG), which hopes to be listed on the KLSE main board by June this year, plans to use 95% of the projected RM100mil proceeds to retire borrowings, executive director Al-Jeffery Ibrahim said.

Business 25 Mar 2003 | 12:00 AM

NTPM Holdings wins two excellence awards 2002

NTPM Holdings Bhd, a wholly owned subsidiary of Nibong Tebal Paper Mills Sdn Bhd, was recently conferred two Industry Excellence Awards 2002.

Business 27 Mar 2003 | 12:00 AM


Business 27 Mar 2003 | 12:00 AM

UBS optimistic of meeting RM5.9mil net profit target

SOFTWARE house UBS Corp Bhd is optimistic of achieving its net profit target of RM5.9mil for the financial year ending Dec 31, 2003, as indicated in its prospectus, despite forecasts by research houses to the contrary.

Business 01 Apr 2003 | 12:00 AM

SC unveils seven revised fund-raising guidelines

THE Securities Commission (SC) has released seven revised fund-raising guidelines to mark today's completion of the three-phase Malaysian capital market's transition to a disclosure-based regulatory (DBR) framework for fund-raising from the previous merit-based regulatory.

Business 11 Apr 2003 | 12:00 AM

Premium Nutrients to spend RM20mil on Indian plant expansion

SPECIALITY fats manufacturer Premium Nutrients Bhd plans to spend RM20mil over the next 1 year to expand its recently-acquired processing facility in India.

Business 16 Apr 2003 | 12:00 AM

Scomi sees revenue boost from foreign oil and gas services

SOON-TO-BE-LISTED Scomi Group Bhd expects its overseas oil and gas services business to contribute at least 40% to its income in the next three to five years, according to its president and chief executive officer Shah Hakim Zain.

Business 16 Apr 2003 | 12:00 AM

NEAC confident Malaysia can meet projected growth rate

THE National Economic Action Council (NEAC) remains confident that Malaysia will achieve the projected 4.5% growth in gross domestic product (GDP) this year even though a number of research bodies have scaled down their projections to below the government#039;s revised forecast.

Business 17 Apr 2003 | 12:00 AM

CIMB latest to pay hefty dividend

Merchant banking group CIMB Bhd is the latest company to declare a hefty dividend to its shareholders. Listed only in January this year, the company is giving an attractive gross dividend of 21.29 sen (15.33 sen net) per share.

Business 19 Apr 2003 | 12:00 AM

Mesdaq - Groomed for growth

FIRST impressions matter a lot. The curtains rose on the long-planned for Malaysian Exchange of Securities Dealing Automated Quotation (Mesdaq) in 1999 as the country, like many others in Asia, was reeling over the crushing impact of the financial crisis.