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Business 13 Oct 2004 | 12:00 AM

AirAsia to raise RM800m from IPO

AIRASIA Bhd, the no-frills airline whose tagline says #8220;now everyone can fly,#8217;#8217; will be offering its shares to the public pursuant to a listing on the main board of Bursa Malaysia slated for the end of next month.

Business 19 Oct 2004 | 12:00 AM

Bids pour in as AirAsia begins book building

BIDS for AirAsia Bhd shares have begun pouring in, and the early bids are said to be at about RM1.30 a share, mostly from local institutional funds that an AirAsia senior team met with last week.

Business 26 Oct 2004 | 12:00 AM

WCT Land on track to meet targets

WCT Land Bhd, en route to a listing on Bursa Malaysia main board, is confident of recording revenue of RM302mil and pre-tax profit of RM66mil in its current fiscal year to Dec 31.

Business 02 Nov 2004 | 12:00 AM

Courts Mammoth closes higher on improved trading volume

ELECTRICAL products and furniture retailer Courts Mammoth Bhd#8217;s shares closed a further 9 sen higher at RM1.65 Monday on improved trading volume.

Business 06 Nov 2004 | 12:00 AM

Thai state media IPO 13 times covered

A rush of small investor share applications saw the first day of an initial public offering (IPO) by Thailand's state media firm MCOT oversubscribed by almost 13 times.

Business 26 Nov 2004 | 12:00 AM

Seven Sheraton and Merlin hotels, Penang Plaza for sale at RM450m

SEVEN Sheraton and Merlin hotels and the Penang Plaza commercial complex #8211; formerly owned and operated by Faber Group Bhd and with a total indicative value of RM450mil #8211;are up for sale via open tender.

Business 14 Dec 2004 | 12:00 AM

News in brief

Business 22 Dec 2004 | 12:00 AM

Largest US utility emerging

Exelon Corp, America's largest nuclear power company, has agreed to buy New Jersey utility Public Service Enterprise Group Inc for US$13.2bil in stock, creating the country's largest utility.

Business 03 Jan 2005 | 12:00 AM

More sideways congestion ahead

G.M. Teoh previews commodities.

Business 04 Jan 2005 | 12:00 AM

KLCI closes 3.59 points lower on first day of trading

The first trading day of 2005 on Bursa Malaysia saw the Kuala Lumpur Composite Index (KLCI) closing 3.59 points lower at 903.84 as investors unwound their positions after the 2004 year-end window dressing.