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Petra moves into new areas

INTEGRATED oil and gas service provider Petra Perdana Bhd is confident of penetrating new specialised business segments in the upstream sector of the industry based on its technical capabilities and its 15-year track record.



MALAYSIAN Rating Corporation Bhd (MARC) has reaffirmed the rating of I>MARC1ID/AAAID/Iassigned to Malaysia International Shipping Corporation Bhd's (MISC) RM1.5bil I>Murabahah/ICommercial Paper/Medium Term Notes Programme (2000/2005).


Esso on track to return to the black

ESSO Malaysia Bhd is confident of returning to profitability based on its strong business fundamentals and structure, and the stabilising product supply costs, chairman Rob Fisher said.


Property sector asks for grants, waivers

WITH the property sector expected to benefit from the government#039;s stimulus package to be announced by the Prime Minister today, players in the sector are proposing measures that range from grants to first-time house buyers to a stamp duty waiver for purchasers of residential property.


Sign up, Fong tells firms

Legal action will be taken against errant employers who fail to register their companies with Human Resources Development Berhad (HRDB) by Nov 6.


Good upside potential for stocks

AT current price levels, local equities offer longer term investors generous upside potential with fairly limited downside risk, said KLSE vice-president of the securities issues division, Johan Abdullah.


Lion takes a bold move forward

ASK the bankers. They will tell you this about Tan Sri William Cheng. He is a staunch advocate of the rule that every sen borrowed must be repaid.


Equity funds hope for short war

A QUICK resolution to the US-Iraq war is expected to enhance the demand for equity funds while re-ducing demand for bond and fixed income funds, according to industry players.


Pros & cons of measures

#8220;IT is the best the government can do in the current situation,#8221; says Alliance Merchant Bank's head of research Nor Zahidi Alias. He joins a chorus of other market observers and analysts on the recent 10-point measures to give the capital market a boost.


Maxis rings up group pre-tax profit of RM1.28bil

MAXIS Communications Bhd has posted a whopping group pre-tax profit of RM1.28bil for the financial year ended Dec 31, 2002 compare with RM777.6mil in the corresponding period a year earlier.