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Business 21 Aug 2004 | 12:00 AM

Ranhill trades in narrow range after earlier spike in share price

RANHILL Bhd's shares were traded within a narrow band this week in the absence of fresh leads after an initial spike in the share price - following last week's announcement of plans to buy a 64% stake in Nagarjuna Power Corp Ltd (NPCL) of India - was not sustained.

Business 14 Aug 2004 | 12:00 AM

Hong Leong interested in Indon bank

Hong Leong Bank Bhd has expressed interest in acquiring a majority stake in PT Bank Permata, said an official at Indonesia's state asset management company PT Perusahaan Pengelola Asset (PPA).

Business 11 Aug 2004 | 12:00 AM

Jimah plans RM4.8bil bond issue

Jimah Energy Ventures Sdn Bhd plans to make a RM4.8bil bond issue by the end of the year to finance the construction of its 1,400-megawatt (MW) power plant near Port Dickson, Negri Sembilan.

Business 07 Aug 2004 | 12:00 AM

Contracts review may involve taxes

NEWS that the Government wants a relook into lopsided privatisation contracts while maintaining the sanctity of such agreements has led to suggestions that some sort of taxes may be involved.

Business 28 Jul 2004 | 12:00 AM

Mixed views on revision of power pacts

THE government is finding ways to improve the electricity network, starting from power generation to distribution, so that the country can light up the nights at much cheaper rates.

Business 25 Jun 2004 | 12:00 AM

Malakoff to buy assets abroad

MALAKOFF Bhd is looking to buy power assets abroad as it would soon have a sizeable chunk of Malaysia's power generation capacity.

Business 18 Jun 2004 | 12:00 AM

Temasek eyes stake in Indonesia’s Bank Permata

Singapore government investment firm Temasek Holdings Pte Ltd aims to buy a stake in PT Bank Permata after acquiring PT Bank Danamon and PT Bank Internasional Indonesia (BII), the Koran Tempo reported, quoting an official in charge of the sale at state asset management company PT Perusahaan Pengelola Aset (PPA).

Business 15 Jun 2004 | 12:00 AM

Ranhill Power eyes RM24mil pre-tax profit

RANHILL Power Bhd expects to achieve a pre-tax profit of RM24mil on revenue of RM245mil for the current financial year ending Dec 31.

Business 01 Jun 2004 | 12:00 AM

YTL buys Indon power plant

YTL Power International Bhd agreed yesterday to acquire a 35% stake and loan stocks in the second largest independent power producer (IPP) in Indonesia in a deal valued at US$139.4mil (RM529.7mil). YTL will also acquire 100% equity in the operator of the power station for US$3.6mil.

Business 01 May 2004 | 12:00 AM

TNB signs pact to conclude Kapar Deal

TENAGA Nasional Bhd (TNB) signed yesterday the final stage of an agreement to divest the Sultan Salahuddin Abdul Aziz Power Station to Malakoff Bhd.