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Business

Director: Berjaya Books will open 10 Borders stores

Berjaya Group Bhd's books retailing arm, Berjaya Books Sdn Bhd, plans to open 10 Borders bookstores in Malaysia in the next five years, said Berjaya Books director Francis Lee.

Business

PSCI surges on takeover hopes

PSC Industries Bhd (PSCI) was very actively traded for the third day yesterday, amid hopes of a takeover by a government-linked company (GLC).

Business

Boustead: No plans to control PSCI

BOUSTEAD Holdings Bhd has 'no plan at the moment to acquire any controlling interest in PSC Industries Bhd (PSCI),' the former told Bursa Malaysia yesterday.

Business

Snapshots

Izwan Idris writes on PSCI, Crest Builder and Yikon.

Business

Boustead to close BP deal by June

BOUSTEAD Holdings Bhd expects to complete its acquisition of a 70% stake in BP Malaysia Sdn Bhd by June, group managing director Tan Sri Lodin Wok Kamaruddin said.

Business

Snapshots

PCSI, Oneline One and BAT.

Business

Cineleisure targets RM20m rental income

CINELEISURE Damansara, a joint-venture development of Boustead Group and Cathay Organisation, expects about RM20mil from first-year rental income from the total lettable area of 220,000 sq ft., Boustead director (manufacturing and corporate planning) Koo Hock Fee told reporters in Petaling Jaya on Tuesday.

Business

SECB gets shareholders’ nod for sale

SARAWAK Enterprise Corp Bhd (SECB) will divest its entire interest in wafer foundry 1st Silicon (M) Sdn Bhd and three other non-core assets for a total of RM501.9mil as part of the company's proposed restructuring and rationalisation exercise.

Business

Jimah raises RM405mil from sale of Islamic bonds

JIMAH Energy Ventures raised RM405mil from the sale of Islamic bonds to fund its expansion.

Business

DRB-HICOM to raise RM1bil from first Islamic bonds

DRB-HICOM Bhd plans to raise about RM1bil through an inaugural Islamic debt offering.