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Business

TH Group moves away from old economy

TH GROUP Bhd managing director Lei Lin Thai may not speak the language of technology and life sciences, but he certainly has the foresight to recognise an industry that might be hailed as the next big thing.

Business

IT spending by insurers expected to exceed RM133mil

INFORMATION technology (IT) investment by the insurance industry will see strong double-digit growth and exceed RM133mil this year as companies turn increasingly to technology to upgrade their customer servicing capabilities, said Intel Technology Asia regional sales manager Lai Yit Loong.

Business

Versus the CI

Pauline SC Ng writes on Plus, Tien Wah, PavificMas, Park May and YTL e-Solutions.

Business

Insurance consolidation gets heated up

PACIFICMAS Bhd attracted much interested over the week on news of a possible backdoor listing with the country's largest life insurance company Great Eastern Life Assurance (M) Bhd.

Business

Great Eastern heads for backdoor listing

A BACKDOOR listing may be in the offing for the Malaysian operations of Great Eastern Holdings Ltd if negotiations between GEL Capital (M) Bhd and PacificMas Bhd for the restructuring of their equity and insurance business operations are successful.

Business

CEO confident of sell-out for The Vista project

THE Vista at Sutera Harbour, a luxurious lifestyle condominium development, targeted at the corporate tourism market, is expected to be completely sold by the end of this year, said Sutera Harbour Resort president and chief executive officer Datuk Edward Ong.

Business

Boost for biotech sector

THE local biotechnology industry received a boost yesterday with the launch of a RM114mil venture capital fund by Spring Hill Bioventures Sdn Bhd.

Business

Positive outlook for SP Setia

LOCAL property concern SP Setia Bhd's warrants are trading at an attractive price, hovering below 85 sen. This low pricing, however, has not attracted the attention of analysts who seem to prefer the company's mother share.