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Business 06 Jul 2006 | 12:00 AM

Indon ops set to lift PPB Oil Palms

The share price of PPB Oil Palms Bhd (PPBOP) rose to a day's high of RM7 on Bursa Malaysia before closing 20 sen higher at RM6.90 yesterday in anticipation that the company's Indonesian operations would contribute potentially strong profit growth, according to analysts.

Business 01 Jul 2006 | 12:00 AM

Main board stocks make modest gains

With most companies' financial results just in line or below expectations, main board stocks made only modest gains in the first half of 2006. The synchronised weakening of sentiment in global and regional markets in the second week of May also did not help.

Business 24 Jun 2006 | 12:00 AM

News in brief

Business 15 Jun 2006 | 12:00 AM

Planters meet attracts over 1,000

The Fifth International Planters Conference 2006 in Putrajaya has so far attracted over 1,000 participants from 13 countries.

Business 31 May 2006 | 12:00 AM

E&OProp net profit jumps 67%

EO Property Development Bhd (EOProp) reported a 67.1% jump in net profit to RM63.6mil for the financial year ended March 31 on a 71.8% hike in revenue to RM762.5mil.

Business 24 May 2006 | 12:00 AM

PPB Group first-quarter profit at RM139m

PPB Group Bhd has posted a pre-tax profit of RM139.1mil for the three months ended March 31, 6.5% lower than the RM148.8mil recorded for the same period last year.

Business 06 May 2006 | 12:00 AM

Blue-chip stocks yet to match lower liners

Although the Kuala Lumpur Composite Index (KLCI) is at a fresh six-year high, a number of the heavyweight stocks have yet to match the performance of the second and lower liners, which have outperformed the index.

Business 22 Apr 2006 | 12:00 AM

KPS keen to buy water treatment plants

Kumpulan Perangsang Selangor Bhd (KPS) is looking to acquire water treatment plants to enhance the vibrancy of the company, said executive chairman Datuk Abdul Karim Munisar.

Business 21 Apr 2006 | 12:00 AM

Clarification

IN one of our snapshots yesterday, reference was made to the share price of PPB Oil Palms Bhd, and not PPB group.

Business 06 Apr 2006 | 12:00 AM

Property to lift E&O current-year results

Eastern Oriental Bhd (EO) anticipates its soon-to-be-announced results for the financial year ended March 31 to be better than the previous year's performance, with property development expected to contribute about three-quarters to its earnings.