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Business

Amway registers best-ever quarterly revenue of RM145mil

AMWAY (M) Holdings Bhd posted strong results in the first quarter of its 2005 financial year, but forecasts a single-digit revenue growth for the entire year.

Business

TA Securities expands with more services

TA Securities Holdings Bhd plans to expand geographically this year by opening a combination of four branch offices and electronic access facilities with permitted activities (EAF-PA), said operations executive director Yaw Chun Soon.

Business

Jaya Tiasa sells Brazilian unit for RM8mil

JAYA Tiasa Holdings Bhd has sold its 10% equity interest in Brazilian timber subsidiary, Maginco Verde Ltd, for a cash consideration of (Brazilian real) R$5.900mil (about RM8mil).

Business

Bina Puri upbeat on Mongolian venture

BINA Puri Holdings Bhd is confident of breaking into a new market, Mongolia, following its successful inroads into India in 1995 and into Thailand two years ago.

Business

Relocate to Sibu industrial park, shipbuilders told

SHIPBUILDERS operating along the Rejang and Igan rivers in central Sarawak are urged to quickly relocate their operations to the privatised Sibu shipbuilding industrial park in Rantau Panjang .

Business

TA planning RM1.1bil launches soon

TA Enterprise Bhd is going aggressive in property development, with planned launches of three new projects soon and the new phase development of an existing project with total gross development value (GDV) of some RM1.1bil.

Business

OCBC lead arranges Rimbunan Hijau’s first Islamic securities

OCBC Bank (M) Bhd has lead arranged Rimbunan Hijau group's first Islamic securities issuance, paving the way for a new asset class for securitisation.

Business

Ta Ann sees oil palm as major contributor

TA Ann Holdings Bhd sees immense potential in its oil palm business, which is emerging as the group's second major revenue contributor, chairman Datuk Abdul Hamed Sepawi said.

Business

Si Khiong to launch minibus and trucks

Si Khiong Industries Sdn Bhd is to launch a minibus and two light 16-tonne series trucks in August.

Business

Ta Ann aims to be major oil palm player

SARAWAK'S timber giant Ta Ann Holdings Bhd hopes to be a major player in the country's oil palm sector within 10 to 15 years.