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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.

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

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.

Business 18 Apr 2003 | 12:00 AM

Leader to upgrade Cambodia IPP

LEADER Universal Holdings Bhd is considering upgrading its US$45mil independent power plant (IPP) in Phnom Penh, Cambodia, in the near future.

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

Merged Celcom sees big savings

Celcom (M) Bhd and TM Cellular Sdn Bhd, which legally completed their merger yesterday, announced an integration master plan that would see both companies move towards a single operating entity by October 2004 and save RM1.5bil in the process.

Business 15 Apr 2003 | 12:00 AM

Scomi to go global in oil services

SCOMI Group Bhd, a 100% Malaysian-owned company en route to a KLSE second board listing, is positioning itself to be a big player in the booming oil and gas services industry worldwide, Scomi president and chief executive officer Shah Hakim Zain said.

Nation 13 Apr 2003 | 12:00 AM

SARs must use own funds

All I>sekolah agama rakyat /I>(SARs) will have to buy their own equipment and materials to teach Science and Mathematics in English, said Education Minister Tan Sri Musa Mohamad.

Other Sport 12 Apr 2003 | 12:00 AM

F1 teams agree to plans for rival Grand Prix series

Formula One team bosses have agreed to work with leading carmakers on plans for a new Grand Prix championship from 2008, the GPWC organisers said on Thursday.