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News in brief

News briefs on: Petaling Tin, MESB Bhd, Poly Glass Fibre, SCB Developments, PLB Engineering, FACB Resorts, Media Prima, Rashid Hussain and Avon Cosmetics.

Leadership course gets CEO thumbs-up

#147;IT is really good and I highly recommend it. You should try,#148; said Datuk Tan Teong Hean, chief executive officer of Southern Bank Bhd (SBB), sounding a little like a travelling salesman.

Boustead posts higher revenue, profits in first quarter

Boustead Holdings Bhd has achieved a big increase in first-quarter profit as its major operating divisions reported a healthy bounce in earnings.

Boustead issues RM350mil guaranteed bonds

Boustead Holdings Bhd signed with Aseambankers Malaysia Bhd yesterday a facility to issue up to RM350mil bank guaranteed bonds comprising Bank Guaranteed Serial Bonds of RM250mil and Bank Gua-ranteed Redeemable Convertible Bonds of up to RM100mil (RCB).

YTL contributes RM2.5m to foundation

YTL Corp Bhd, which has a long history in supporting education, has contributed RM2.5mil to Yayasan Universiti Malaysia Sabah.

Good response to Boustead’s Taman Mutiara Rini project

BOUSTEAD Holdings Bhd expects its 700 units of mixed properties under construction at Taman Mutiara Rini in Skudai to generate sales of about RM160mil.

High rental seen for KLCCP projects

KLCC Property Holdings Bhd, en-route to a listing on Bursa Malaysia, is in for exciting times. Malaysian Merchant Marine Bhd is also on a similar route. Some security firms comment.

Boustead Properties meets forecasts

Boustead Properties Bhd's just announced first-half net profit of RM42.5mil, when annualised, is in line with market expectations and consensus, said RHB Research.

News in brief

News briefs on: Boustead Properties, UNISEM and United Uli Corp.


Rating Agency Malaysia Bhd /B>(RAM) has reaffirmed the I>A2 /I>ratings of Boustead Properties Bhd (formerly known as SCB Developments Bhd) RM190mil Islamic Bonds and RM80mil Redeemable Convertible Bonds with a stable outlook.