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TA ENTERPRISE Bhd yesterday expanded its securities business with the take over of Kota Baru-based KB Securiti Sdn Bhd, making the latter its fourth branch following its offices in Kuala Lumpur and Sarawak.
TA Enterprise Bhd today has clarified that it did not take over Kota Bharu Securities (KB Securities) but bought over the assets and the stockbroking licence of KB Securities through its wholly-owned subsidiary, TA Securities Holdings Bhd.
WHEN former corporate advisor Kat Yong struck out with three friends to buy into Ngiu Kee Corp (M) Bhd, east Malaysia's largest retail chain in 1999, she did not know a thing about the retail business. However, this seasoned corporate lady had to come down to soft sell and learn the nuances in retail trade.
PETRA Perdana Berhad has acquired a 70% equity stake in one of Sarawak#8217;s top shipyards, the Sibu-based Yong Choo Kui (YCK) Shipyard Sdn Bhd.
WHILE Singapore has awarded contracts this week for the construction of a new low-cost carrier (LCC) terminal with completion expected in early 2006, Malaysia has yet to decide on the location for a similar hub, although it is keen to have it either at Subang or KL International Airport (KLIA).