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Business

KLSE needs house-cleaning before demutualisation: MICG

THE KLSE, which is en route for demutualisation, needs to put in the right internal controls and risk management practices to avoid possible conflict of interest, especially in ad-mitting new companies into the ex-change, according to the Malaysian Institute of Corporate Governance (MICG).

Business

Unit trust funds to get boost from JCorp capital injection

JOHOR Corp (JCorp) needs to inject at least RM400mil in capital into its two unit trust funds Amanah Saham Johor (ASJ) and Dana Johor (DJ) to boost their prices to RM1 and 50 sen respectively.

Business

Eng Kah sees Afta boost

ENG Kah Corp Bhd expects increased sales orders for its coloured cosmetics, skin care and perfumery divisions this year with the implementation of the Asean free trade area (Afta).

Business

SC chief: Capital market grows despite challenging times

THE Malaysian capital market has continued to grow despite challenging times, Securities Commission chairman Datuk Ali Abdul Kadir said.

Business

Market is locked in consolidation phase

TRADING on the Kuala Lumpur Stock Exchange (KLSE) is expected to remain in a nervous mood next week as investors continue to head for the latest developments in the impending US-Iraq crisis.

Business

WWE eyeing RM200m jobs to upgrade treatment system

WWE Holdings Bhd is eyeing contracts worth about RM200mil involving the upgrading of chemical and industrial waste treatment systems for various types of industries in the country, according to executive chairman Tan Sri Rozali Ismail.

Business

SC to work towards strategic partnership for dual listing

THE Securities Commission (SC) will continue to hold talks with Asia Pacific and African countries on promoting strategic partnerships for dual listing and liasing of an Asian bond market via the Labuan Financial Exchange (LFX), according to its chairman Datuk Ali Abdul Kadir.

Business

Planting synergies

PLENTY has been said about the status of Padiberas Nasional Bhd (Bernas) as Malaysia#8217;s sole importer of rice. This is seen as the glittering gem in the company#8217;s business model, giving Bernas a lucrative monopoly and good standing with the government.

Business

Saiyor out to make firm footing

Uzbekistan-based investment company, Saiyor Resources Sdn Bhd is here to stay.

Business

PN4 audits not practical

AN investigative audit. Now that is something to strike fear into the hearts of corporate wrongdoers #8211; or any wrongdoer, for that matter. So when the Securities Commission (SC) recently instructed over 30 PN4 companies #8211; there will likely be more #8211; to probe past losses, there is anticipation of a major crackdown.