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Business 16 Dec 2003 | 12:00 AM

7.25 sen ASB income distribution

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.

Business 11 Dec 2003 | 12:00 AM

News in brief

News briefs on Johor Land, Nam Fatt, Boustead, Tap Resources, PJI Holdings, Megan Media, Ornapaper and other firms.

Business 04 Dec 2003 | 12:00 AM

Ananda raises RM340mil from sale of Measat stake

ANANDA Krishnan has raised RM340mil from the sale of a 20% stake in his satellite firm, Measat Global Bhd, via private share placements to fund managers, bankers involved in the transaction said.

Business 18 Nov 2003 | 12:00 AM

Talam looking to increase property investments in China

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.

Business 18 Nov 2003 | 12:00 AM

Zecon confirms major contract award from NS Water

ZECON Engineering Bhd announced Monday it had been awarded an exclusive contract by NS Water Konsortium Sdn Bhd to undertake the design and construction of the Negri Sembilan water supply project.

Business 14 Nov 2003 | 12:00 AM

Talam, Europlus on stronger footing

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.

Business 11 Nov 2003 | 12:00 AM

PPB Group to take FFM private

DIVERSIFIED conglomerate PPB Group Bhd is proposing to take its 54%-owned subsidiary FFM Bhd, the country's largest flour miller, private via a share swap and cash payment.

Business 06 Nov 2003 | 12:00 AM

Oil and gas counters buck the trend as KLSE closes lower

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.

Business 06 Nov 2003 | 12:00 AM

Scomi buying into OilTools

SCOMI Group Bhd is proposing to buy a 70.9% stake in Singapore-based drilling waste management company OilTools International for RM300mil, making it a fully integrated drilling fluids engineering company in the oil and gas industry, sources said.

Business 26 Oct 2003 | 12:00 AM

Sound footing for family trade

Superior Jaya has moved on from just providing wall coverings to installing acoustic panelling for walls and ceilings. SHANTINI SUNTHARAJAH has the story.