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D#039;NONCE Technology Bhd plans to produce a variety of security system products at its plant in Prai Industrial Estate during the third quarter of this year.
THE results were out late Wednesday evening. Fourth quarter gross domestic product (GDP) posted a growth of 5.6 per cent while full year 2002 GDP expanded by 4.2 per cent.
THONG GUAN Industries Bhd, a KLSE main board specialising in stretch film and plastic packaging manufacture, is allocating about RM19mil to set up two new stretch film production lines this year.
YLI Holdings Bhd, a specialist in the manufacture of ductile iron pipes, posted a 30.2 % increase in turnover of RM35.7mil for the third quarter ended Dec 31. Pre-tax profits also rose from RM9.1mil to RM12.0mil over the same period.
Japan's central bank raised the amount of excess cash in the financial market Wednesday to up to 22 trillion yen (US$187 billion) to try to help along a stagnant economy.