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Symphony creates minor stir with MIH buy

HARDLY three weeks after its Valentine#039;s Day listing, Symphony House Bhd has created a minor stir on the share market with its proposed acquisition of Malaysian Issuing House Sdn Bhd (MIH) for RM2.45 million cash. It was, by far, the most active counter on the Kuala Lumpur Stock Exchange (KLSE) on Wednesday (the day the announcement was made) and Thursday.


Slowdown in corporate earnings growth generally

EXCEPT for the plantation sector whose bottom line was buoyed by strong crude palm oil prices, the recently released financial results for the quarter ended Dec 31 last year indicated a general slowdown in corporate earnings growth.


KPN posts record net loss but sees progress

Dutch telecoms group KPN reported yesterday a record 2002 net loss of 9.54 billion euros, but posted a robust core profit that underlined its strong operational performance last year.


Prima Paramount offers terrace houses in the city

PRIMA Paramount Sdn Bhd, a premier housing development company based in Kuala Lumpur, is offering house-buyers a chance to buy a terrace house in the city via its I>Prima Saujana/Itownship, comprising 2,500 terraced and semi-detached houses and bungalows, in Cheras, Kuala Lumpur.


CMSB pre-tax profit 22% higher to RM168mil

CAHYA Mata Sarawak Bhd's (CMSB) pre-tax profit rose 22% to RM168.1mil for the financial year ended Dec 31 last year on a higher turnover of RM1.37bil.


MASkargo gets 3-letter code for seaports

THE cargo arm of Malaysia Airlines has introduced a three-letter code for seven seaports around the country to enhance efficiency in the movement of the goods.


A cosy habitat for RM9 million

IF not for the placard, with the house number on it and strategically placed under some trees, the little sharp turning into the private entrance would have been missed.


Evolution of the Malaysian cellular sector

In a bid to gain market share in a dynamic industry, TM Cellular raced ahead with significant strategies to realise its aim of becoming the number one cellular provider in the country.


Americans turn sour on Bush's tax-cut plan

US President George W. Bush#8217;s hotly disputed tax-cut plan has cut his ratings on the economy, although he still gets strong support on Iraq and terrorism, a new survey showed.


SP Setia bidding for projects worth RM1bil

SP Setia Bhd group is bidding for close to RM1bil worth of infrastructure projects, with highways and water-related projects making up equal shares, according to chairman Datuk Rashid Manaff.