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Five M’sians make the Forbes rich list
FIVE Malaysian billionaires have made it to I>Forbes/I18th annual list of the world's richest people. Tan Sri Tiong Hiew King, 68, of Rimbunan Hijau Group, joins familiar faces Sugar King Robert Kuok, Ananda Krishnan, Lim Goh Tong and Quek Leng Chan in the latest list.
Maybulk to shine with high bulker rate
SHIPPING company Malaysian Bulk Carriers Bhd's (Maybulk) forward earnings are expected to see upward surprises, propelled by record high freight rates.
Stockwatch
Yvonne Chong writes on Petra Perdana, Atis Corp, Global Soft, TSR Capital and Maybulk.
Kuok buys 47% of Lonsum of Indonesia
Malaysian businessman Tan Sri Robert Kuok Hock-Nien has acquired a 47.23% stake in PT Pan London Sumatera Plantation (Lonsum), I>Bisnis Indonesia/Ireported, citing an unnamed source.
Mend fences, says tycoon
MULTI-BILLIONAIRE Tan Sri Robert Kuok said Malaysia and Singapore should try patching things up, saying that the two nations still have to live like brothers in the next 100 or 200 years.
SCMP Group interim profit down 62% on SARS
The SCMP Group, the publisher of Hong Kong's I>South China Morning Post /I>newspaper, posted yesterday a 62% drop in interim profit on SARS outbreak and warned of an uncertain outlook amid a battered local economy.
Jerneh CEO’s contract expires 2004
RALPH Liew is a contented man. After 28 years in the insurance business, the chief executive officer of Jerneh Insurance Bhd is more than happy to let go his position when his contract ends next year.
Utar gets green light to use new govt hospital
THE Government has agreed for the soon-to-be completed government hospital in Pandan, near Johor Baru, to be utilised by the Universiti Tunku Abdul Rahman (Utar) as a teaching hospital, Utar chairman Datuk Seri Dr Ling Liong Sik said.
All races donated to Utar, says Ling
Universiti Tunku Abdul Rahman (Utar) chairman Datuk Seri Dr Ling Liong Sik is thankful to donors who brought in donations for the Penang Utar Building Fund, over and above the RM2.8mil target.
Versus the CI
P.W. Thong writes on Public Bank, Phrmaniaga, Pacificmas, Telekom and PPB Group.