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Business

TA Securities expands with takeover of Kota Baru firm

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.

Business

TA Enterprise buys assets and licence of KB Securities

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.

Business

Expansion on the cards for Ngiu Kee

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.

Business

Maybank targets 30% of trade finance market

MAYBANK expects to capture a 30% share of the local trade finance market by 2007, from 25% at present, banking on the healthy growth of the economy in Malaysia and in neighbouring countries.

Business

Petra takes 70% stake in shipbuilder for RM23mil

OIL and gas service provider Petra Perdana Bhd has entered into an agreement to acquire a 70% stake in Yong Choo Kui Shipyard Sdn Bhd for RM22.7mil cash.

Business

Philips in deal to expand to east Malaysia

PHILIPS Malaysia Sdn Bhd has announced a business partnership with Pan Sarawak to expand its domestic appliances and personal care products market to east Malaysia.

Business

Everrise spreading wings to Sabah by year-end

SARAWAK#039;S largest department store, I>Everrise/I>, under the Everrise group of companies is expanding to Sabah by the end of this year.

Business

Petra Perdana acquires 70% stake in Sibu-based shipyard

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.

Business

Alliance Merchant fully acquires KLCS

Alliance Merchant Bank Bhd has fully acquired Kuala Lumpur City Securities Sdn Bhd (KLCS) and its related companies effective Jan 1, said acting chief executive officer Foo Kok Siew.

Business

MAHB: Low-cost carrier hub can be developed fast

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).