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Business 20 Aug 2003 | 12:00 AM

Magnum H1 net profit sharply down

MAGNUM 4D Bhd said its net profit for the half year to June fell sharply to RM25.04mil from RM44.19mil a year earlier mainly due to higher prize payouts in its gaming operations, coupled with an increase in provision for diminution in the value of its investments.

Business 10 Sep 2003 | 12:00 AM

Fears of new SARS outbeak dampen market sentiment

SHARE prices on the KLSE slipped further yesterday, led by the poor performance of some index-linked counters, particularly Resorts World Bhd, Genting Bhd and Tanjong plc.

Business 10 Sep 2003 | 12:00 AM

S’pore blocks casino IPO

SINGAPORE has decided to block the initial public offering (IPO) of Cambodian casino operator NagaCorp Ltd, but the move is seen unlikely to affect the city-state's status as a capital market hub.

Business 12 Sep 2003 | 12:00 AM

Foster’s sells brewery site to Australand

Australian brewer and wine maker Foster's Group Ltd is selling its Kent brewery site in central Sydney to developer Australand Holdings Ltd for A$203mil.

Business 12 Sep 2003 | 12:00 AM

Market regains ground on late bargain-hunting

LATE bargain-hunting gave the KL market a welcome boost yesterday after three consecutive days of losses. The KLSE Composite Index (CI) closed 6.8 points or nearly 1% higher at 743, more than making up for the 6.6 points it lost on Wednesday.

Business 16 Sep 2003 | 12:00 AM

Support Line

K.M. Lee writes on Genting, HIl Ind and Tenggara Oil.

Business 17 Sep 2003 | 12:00 AM

GIC joins Genting in bidding for Loy Yang

SINGAPORE#8217;S state-controlled overseas investment fund has joined the bid by Genting Bhd for Australia#8217;s largest privately-owned power station, the head of Genting#8217;s power division T.S. Ong said.

Business 22 Sep 2003 | 12:00 AM

Stockwatch

Kathy Fong writes on Scomi, BToto, Nam Fatt, Pharmaniaga and EON Capital.

Business 23 Sep 2003 | 12:00 AM

Tanjong likely to return as investors’ favourite

GAMING stock Tanjong Plc, which fell out of favour with fund managers due to its growing reliance on its power generation business in recent years, could be back on investors' radar screen.

Business 30 Sep 2003 | 12:00 AM

News in brief

News in brief on Ranhill, Ho Hup, Ho Wah, KKB Engineering, SCK Group, Malaysian Mosaics, Tronoh, TRC Synergy and SP Setia.