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Business 01 Dec 2004 | 12:00 AM

Multi Vest shares hit new high

Plantation firm Multi Vest Resources Bhd was actively traded yesterday despite repeated denials by the company of its involvement in any new corporate development.

Business 21 Oct 2004 | 12:00 AM

Silterra Q3 revenue its second highest

SilTerra Malaysia Sdn Bhd, a leading wafer foundry majority owned by Khazanah Nasional, has reported revenue of RM161.12mil for its third quarter ended Sept 25.

Business 19 Oct 2004 | 12:00 AM

New appointments at Khazanah

KHAZANAH Nasional Bhd has appointed Mohammad Zainal Shaari director in the managing director's office and chief risk officer, Mohan Rajasooria, investments director and Tunku Ali Redhauddin Tunku Muhriz investments senior vice-president.

Business 13 Oct 2004 | 12:00 AM

Foreign investors underweight on Malaysian stocks by 15%

FOREIGN investors are still about 15% under-weighting Malaysian stocks, although foreign portfolio investment as a percentage of total market capitalisation has climbed from 14.1% in 2001 to 19.5% currently.

Business 12 Oct 2004 | 12:00 AM

Shares slip further on concern over soaring oil prices

SHARES on Bursa Malaysia slipped further in thin trading yesterday, pulling down the Kuala Lumpur Composite Index (KLCI) by nearly six points to 855, on continuing concern over the impact of soaring crude oil prices on global economies.

Business 12 Oct 2004 | 12:00 AM

RM16b inflow of foreign portfolio funds in first quarter

CONTRARY to the perception in some quarters that the KL stock market is unattractive to foreign players, there was a net inflow of foreign portfolio investments totalling RM15.9bil in the first quarter of this year, CIMB Bhd chief executive/managing director Datuk Nazir Razak said yesterday.

Business 12 Oct 2004 | 12:00 AM

Maybank still on lookout for buys

MALAYAN Banking Bhd (Maybank) remains interested in acquiring banks in the region and China even after losing out in a bid last week to buy into Indonesia's PT Bank Permata.

Business 12 Oct 2004 | 12:00 AM

Khazanah does not plan to merge telco assets

KHAZANAH Nasional Bhd has no intention of merging its various assets in the telecommunications sector.

Business 10 Oct 2004 | 12:00 AM

Modenas aims to sell 10,000 units of Kristar

Edaran Modenas Sdn Bhd (EMOS), the distributor of the Modenas national motorcycles and scooters, has set a target of selling 10,000 units of the latest Modenas model, I>Kristar/I>, in the last three months of this year.

Business 07 Oct 2004 | 12:00 AM

Maybank plans to merge PT Bank Permata with Indon unit

A consortium led by Malayan Banking Bhd (Maybank), one of five short-listed bidders for a 51% stake in Indonesia#8217;s PT Bank Permata, plans to merge Permata with PT Bank Maybank Indocorp after the acquisition, I>Bisnis Indonesia/Ireported.