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KLSE gets off to a rocky start

THE KLSE got off to a rocky start in the first trading day of the year as window-dressing activities that had lent support to the market in recent weeks apparently disappeared. The Composite Index (CI ) skidded nearly 14 points or 2.15% to 632.4 yesterday, as investors sold down their holdings, on heightened fears of war between the US and Iraq.

Salcon out to double profit

WATER engineering specialist Salcon Engineering Bhd, a 51% subsidiary of Kumpulan Emas Bhd, is targeting to double its pre-tax profit and turnover to RM36.4mil and RM337mil respectively, for the financial year ending July 31.

Mohd Azlan re-appointed KLSE chairman

DATUK Mohd Azlan Hashim has been re-appointed executive chairman of the KLSE committee, and Datuk Mohaiyani Shamsuddin deputy chairman.

MBf Capital and CASH get SC nod for revamp

FINANCIALLY troubled MBf Capital Bhd has received approval from the Securities Commission (SC) for its proposed restructuring scheme that includes a 40-to-1 share capital reduction, asset acquisition and a reverse takeover by Perfect Utilisation Sdn Bhd (PUSB).

Some PN4 firms submit last-minute proposals

SOME of the 24 specified Practice Note 4 (PN4) companies that could be on the way to delisting on the KLSE have made last minute attempts to avoid that fate by either coming out with fresh new corporate proposals or just submitting their schemes to the Securities Commission (SC) on the eve of the new year.

Global markets to be driven by geopolitics in short term

The first part yesterday of the roundtable discussions dwelt on the KLSE#8217;s lacklustre performance for 2002, and the factors contributing to its weakness. The concluding part talks about the market#8217;s probable outlook for this year, given the looming prospect of war in Iraq.

KLSE ends 2002 with a whimper, Maybank top loser

THE last trading day of 2002 saw the KLSE Composite Index (CI) closing not with a bang, but with a whimper. The much anticipated last minute window-dressing activities failed to make an impact. Instead heavyweight Maybank #150; a key component stock of the CI #150; lost 45 sen, dragging the market down.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.