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PETRONAS Dagangan Bhd, (PDB) the retail arm of Petroliam Nasional Bhd (Petronas), expects an improvement in performance in the current year ending March 31, 2004, fuelled by new petrol station openings and better costs management.
LAM SOON Edible Oils Sdn Bhd, a subsidiary of Lam Soon (M) Bhd, expects up to 10% higher sales of its cooking oil this year from RM150mil last year, amid an upturn in the cooking oil market.
INITIAL public offerings (IPOs) are attracting strong investor interest again, as reflected in the high rates of subscription for recent new issues. After playing it cagey for almost the whole of last year and a good part of this year, investors are pouring money back into the IPO market.
MAGNUS Quest (M) Sdn Bhd, the company behind premier European corporate wear label, I>Magnus Quest/I>, expects business to be even better going forward with the full installation of its end-to-end enterprise resource management (ERM) system.