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PERMODALAN Nasional Bhd (PNB) has announced a 7.25 sen per unit income distribution and a bonus payment of 2 sen per unit for unitholders of Amanah Saham Bumiputra (ASB) for the year ending Dec 31, 2003. The amount is slightly higher than the previous year's 7 sen earnings and 2 sen bonus payout.
PROPERTY developer Talam Corp Bhd is looking to increase its investments in China, especially in residential and commercial projects in Changchun City in Jilin Province, said executive chairman Tan Sri Chan Ah Chye.
TALAM Corp Bhd and Kumpulan Europlus Bhd (KEB), which completed a rationalisation and merger exercise last Monday, should be able to chart strong earnings growth based on their core competencies, controlling shareholder Tan Sri Chan Ah Chye said.
THE market closed broadly lower Wednesday on profit-taking, particularly on blue chips such as Genting Bhd and Resorts World Bhd, as investors took advantage of the recent rise in stock prices to cash out.