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Business 26 Mar 2003 | 12:00 AM Premium

Lion Group completes debt, corporate revamp

The Lion Group has completed its debt and corporate restructuring exercise and has asked the KLSE for the resumption of trading in the shares of four of its publicly-listed units.

Business 08 Mar 2003 | 12:00 AM Premium

MCM Technologies ventures from safe platform

FINANCIALLY weak MCM Tech-nologies Bhd is not keen to stay that way for too long. Even so, the company#039;s officials are bold about not allowing the losses to weigh down its long-term goals.

Business 08 Mar 2003 | 12:00 AM Premium

The task to revive TV3

IN an effort to counter its financial problems of the past, Sistem Televisyen Malaysia Bhd (TV3) recently requested the approval of its shareholders for a debt-restructuring plan. The green light was given.

Business 07 Mar 2003 | 12:00 AM Premium

Landmarks and Tan & Tan plan joint-venture housing project

LANDMARKS Bhd and Tan Tan Developments Bhd have proposed a joint venture to develop 53ha in Wangsa Maju which could have a gross development value of between RM600mil and RM700mil over a period of eight to 10 years.

Business 28 Feb 2003 | 12:00 AM Premium

Telekom on a comeback path

TELEKOM Malaysia Bhd has an-nounced that it is on the #147;comeback path#148; following stronger performances from its cellular and multimedia divisions. TM Cellular Sdn Bhd, its cellular arm, has made a long awaited return to the black, posting a pre-tax profit of RM9.8mil from a loss of RM150mil for the financial year to end December. Its subscriber base is now some 1.6 million.

Business 22 Feb 2003 | 12:00 AM Premium

Tide may turn for TT Resources

SECOND Board listed TT Resources Bhd has been in the restaurant business since 1971, with its first eatery being the Tai Thong Restaurant in Kuala Lumpur. The group currently operates some 21 restaurants and 10 pastry outlets, some even abroad.

Business 19 Feb 2003 | 12:00 AM Premium

Pernas can return to the black in 2 years

PERNAS International Holdings Bhd expects to return to profitability in two years#039; time, its chairman Datuk Megat Najmuddin Khas said.

Business 04 Feb 2003 | 12:00 AM Premium

Ericsson posts Q4 pre-tax loss

Telefon AB LM Ericsson, the world#8217;s biggest producer of mobile telephone networks, reported a wider-than-expected 4th-quarter loss yesterday, but said its business was beginning to stabilise.

Business 27 Jan 2003 | 12:00 AM Premium

Stockwatch

Liew Lai Jing writes on Proton, MPI, Time dotCom, PLUS and Affin Holdings.

Business 18 Jan 2003 | 12:00 AM Premium

Sapura's long search is finally over

SAPURA Telecommunications Bhd's (Sapura) search for a meaningful core business is finally over with its recent acquisition of a 38.56 per cent stake in Crest Petroleum Bhd, a company whose mainstay is in offshore drilling, marine installations and marine construction.