Versus the CI

P.W. Thong writes on Public Bank, Phrmaniaga, Pacificmas, Telekom and PPB Group.

News in brief

News in brief on FIMA, Mitrajaya, Malaysian Tobacco, British American Tobacco, PPB Oil, BCB Bhd and LTKM Bhd.

PPB evolving into global giant

THE low profile PPB Group Bhd, a Malaysian flagship company of the Kuok family, is evolving into a global conglomerate as it continues to cultivate future growth.

Valuecap seen to make moderate investments

Online investment advisor Surf88.com writes on prospects for Valuecap.

PPB Group confident of maintaining pre-tax profit

PPB Group Bhd is confident its 2003 group pre-tax profit will match the RM508.9mil achieved last year, executive chairman Ong Ie Cheong said yesterday.

PPB Oil posts two-fold rise in pre-tax profit

PPB Oil Palms Bhd has recorded a two-fold increase in pre-tax profit to RM48.07mil for the 1st quarter ended March 31, 2003, compared with RM23.24mil posted in the corresponding quarter of 2002.

News in brief

News in brief on PPB Oil Palms,RHB Capital, Patimas, AIC, Wah Seong and Sunway City.

PPB Oil Palms agrees to buy Sabah land owner

PPB Oil Palms Bhd has inked an agreement to buy the entire equity of Jasa Karya, which owns 3,462ha in Sabah, for RM8.4mil and to settle the latter's debts of RM10.8mil.

Kelantan Sultan's honours list

Guthrie gets set to reap

THE estate life is not quite Tan Sri Abdul Khalid Ibrahim's cup of tea. He admires the planters' I>esprit de corps/Iand marvels at how well they have settled in at the estates, but he admits that he is not suited for such a lifestyle. The Kumpulan Guthrie Bhd's group chief executive officer recalls a typical visit: #8220;After two nights, the I>burung hantu/I(owl) was already getting on my nerves.#8221;