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Business 29 May 2003 | 12:00 AM

PLUS aims for 4.3% traffic volume growth

MALAYSIA#039;S largest toll-road operator PLUS Expressways Bhd is expecting at least 4.3% growth in traffic volume for the current financial year ending Dec 31, said executive vice-chairman Abdul Wahid Omar.

Business 28 May 2003 | 12:00 AM

Company results

Company results: Telekom, Maxis and PLUS.

Business 28 May 2003 | 12:00 AM

Mutiara Pahim spends RM1.9m on new buses

MUTIARA Pahim Sdn Bhd has invested RM1.9 mil on three double-decker buses, the first in the East Coast, to upgrade its services for passengers travelling from Kota Baru to Kuala Lumpur.

Business 27 May 2003 | 12:00 AM

Commerce Trust expects new syariah fund to hit RM100m by year-end

COMMERCE Trust Sdn Bhd expects its newly launched I>syariah /I>compliant fund called Lifetime Dana Barakah to bring total funds under its Islamic-based unit trust schemes to close to RM100mil by end of this year.

Business 27 May 2003 | 12:00 AM

Sovereign Plus Fund launched

THE AmMerchant Bank group and Australia#8217;s Macquarie Bank group have jointly launched the Am-Macquarie Sovereign Plus Fund, the 1st primary listing of an open-ended fund on the Labuan Financial Exchange (LFX), Malaysia#8217;s offshore financial centre.

Business 27 May 2003 | 12:00 AM

Investa in A$1.5b takeover bid of POF units

B>SYDNEY/B>: Australia's Investa Property Group launched yesterday a A$1.52bil hostile takeover of Principal Financial Group's local office property trust, with investors pricing in the potential for a rival bid.

Business 26 May 2003 | 12:00 AM

Mild downward correction seen

Stock Market Signals: A weekly column by G.M. Teoh on the performance of the KLSE's Main Board.

Business 26 May 2003 | 12:00 AM

Review of act can help grow Islamic capital market

This is the third and final part of a series on CIMB's venture into Islamic banking. The first two appeared on March 10 and April 14. Come June 2, Bank Negara governor Tan Sri Zeti Akhtar Aziz will launch CIMB's product offerings for Islamic banking.

Business 24 May 2003 | 12:00 AM

Listing of AmMacquarie fund enhances LFX position

THE latest primary listing of AmMacquarie Sovereign Plus Fund by a leading global fund management group on the Labuan International Financial Exchange (LFX) is a reflection of the growing international acceptance of LFX.

Business 22 May 2003 | 12:00 AM

The package needs good delivery

By WONG SULONG