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Khazanah likely to issue RM200mil warrants

KHAZANAH Nasional Bhd, the state-owned investment arm, expects to issue RM200mil warrants exchangeable for shares in its profit-making listed companies this month, a company source told I>AFX-Asia/I>.

Anwar Aji slated to take over as Khazanah managing director

DATUK Anwar Aji, currently the chief operating officer of Khazanah Nasional Bhd, is slated to take over as managing director from Tan Sri Mohd Sheriff Kassim when the latter retires at the end of July, sources told I>StarBiz /I>yesterday.

Suria KLCC presents 17 awards of excellence to retailers

SURIA KLCC yesterday presented 17 awards during the I>Suria KLCC Retail Awards of Excellence 2002/2003/Iin Kuala Lumpur.

Pernas revamps hotel ops

PERNAS International Holdings Bhd is embarking on a complex scheme to streamline its hotel business and to partially restructure its outstanding debt of more than RM2.5bil.

Khazanah sells RM1bil bonds

KHAZANAH Nasional Bhd, the government#039;s investment arm, yesterday sold RM1bil of five-year bonds at an average yield of 2.996%, Bank Negara said.

Pernas may return to the black next year, says CEO

PERNAS International Holdings Bhd expects to turn around next year, once it has restructured its RM2.5bil debts to more manageable levels, acting chief executive officer Mohd Redza Shah Abdul Wahid said.

Khazanah offers up to 186m covered warrants

KHAZANAH Nasional Bhd announced yesterday an offering of up to 186 million covered warrants (CW) in up to 31 million packages to retail, institutional and selected investors.

Khazanah to go for more outlets

KHAZANAH, a store dealing in imported goods from India such as wall hangings, cushion covers, hanging lamps, lampshades, wooden furniture, bric-a-brac, silk scarves and costume jewellery, is looking to open two more outlets.

Pernas building up hotel brand name globally

PERNAS Hotel Chain Sdn Bhd, the hotel division of Pernas International Holdings Bhd, is building up the Mutiara Hotels amp; Resorts name into an international hotel management brand, its managing director Zain Puteh said.

CAHB: Talks on sale of bank stake soon

COMMERCE Asset-Holding Bhd (CAHB) has been granted approval by Bank Negara to start talks with Bukhary Capital Sdn Bhd to sell its 30% stake in Bank Muamalat.