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Business 30 Apr 2003 | 12:00 AM

TNB net profit for 1st half down to RM706mil on forex losses

TENAGA Nasional Bhd (TNB) has posted a net profit of RM706mil for its fiscal 1st half to end-February, down 47% from RM1.3bil in the same period a year earlier. However, revenue came in higher at RM8bil compared with RM7.5bil previously.

Nation 27 Apr 2003 | 12:00 AM

MTUC wants option shares offer

The MTUC wants the Government to offer option shares to EPF as one way to ensure that its contributors are not continually short-changed, congress president Zainal Rampak said.

Business 26 Apr 2003 | 12:00 AM

Premium for firms with good corporate governance

A MAJORITY of institutional investors in Malaysia are prepared to pay at least 20% more for companies with excellent corporate governance practices, while a substantial minority (15%) said they would even fork out a 50% premium for such well-run companies.

Other Sport 25 Apr 2003 | 12:00 AM

Barcelona board to stand down

Barcelona's board of directors, under fire for the club's worst ever performance in the Spanish League, said yesterday they would stand down next month.

Business 23 Apr 2003 | 12:00 AM

Nestle Malaysia to cease sugar confectionery business

NESTLE (M) Bhd will close down all activities relating to the sugar confectionery business conducted by two subsidiaries from May 1, as they have been a drain on the company#039;s operating profits.

Nation 23 Apr 2003 | 12:00 AM

Centre for environment communicators set up

A group of journalists dedicated to promoting environmental journalism has set up the Malaysian Centre for Environment Communicators (MACEC).

Business 22 Apr 2003 | 12:00 AM

CYL gets more orders from detergent sector

CYL Corporation Bhd has experienced a surge in business orders from customers who are involved in the detergent and toiletries sectors since March following the onset of the Severe Acute Respiratory Syndrome (SARS), its managing director Chen Yat Lee said.

Letters 20 Apr 2003 | 12:00 AM

HIH debacle serves as a warning

B>B/B>LIND faith in a leadership that was ill-equipped for the task is one of the main causes of Australia's biggest corporate collapse.

Business 18 Apr 2003 | 12:00 AM

Celcom unified management team

CELCOM (M) Bhd has put together a unified management team to lead the merged entity forward. The team is led by group chief executive officer Datuk Ramli Abbas.

Business 18 Apr 2003 | 12:00 AM

Investors should pay more attention to dividends

ON Wednesday, merchant banking group CIMB Bhd sprang a pleasant surprise on its shareholders and the market by announcing a hefty special dividend a mere four months after its listing on the KLSE.