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Business 12 May 2005 | 12:00 AM

Asian Pac expects to turn around in current year

Asian Pac Holdings Bhd expects to return to the black for financial year ended March 31, 2005 after posting losses for two consecutive years, managing director Datuk Mustapha Buang said.

Business 11 May 2005 | 12:00 AM

Bio-composite and fibre institute proposed

THE Plantation Industries and Commodities Ministry has proposed to set up an institute of bio-composite and fibre to promote the development of kenaf plant (hibiscus cannabinus), said minister Datuk Peter Chin Fah Kui.

Business 07 May 2005 | 12:00 AM

Ranhill in pact to build Pakistan power plant

RANHILL Power Bhd and Laraib Energy Ltd have formed a 51:49 joint venture to build a 79-megawatt hydropower plant in Pakistan for a total investment of US$120mil. Chairman Tan Sri Majid Khan said the project would be financed via borrowings and internal funds on a 75:25 ratio.

Business 06 May 2005 | 12:00 AM

HLB upbeat on new foreign currency-fixed deposit account

HONG Leong Bank Bhd (HLB) expects its new foreign currencies-fixed deposit account to generate positive response from consumers due to its attractive rates, said chief operating officer (personal financial services) Peter England.

Business 06 May 2005 | 12:00 AM

Snapshots

Yeow Pooi Ling writes on CIMB and Tanjong

Business 05 May 2005 | 12:00 AM

Positive outlook on Rubberex

ANALYSTS have a positive outlook on Rubberex Corp (M) Bhd's share price given its undemanding valuations, potential upside and high dividend yields.

Business 04 May 2005 | 12:00 AM

Kim Loong set to gain from firm CPO prices

MID-CAP plantation firm Kim Loong Resources Bhd is likely to benefit from firm crude palm oil (CPO) prices and high CPO production this year, said analysts.

Business 04 May 2005 | 12:00 AM

DaimlerChrysler Malaysia confident of over RM1b sales

DAIMLERCHRYSLER Malaysia Bhd (DCM) aims to sell 5,000 vehicles and exceed the RM1bil mark in turnover this year, said president and chief executive officer Frank Steinleitner.

Business 03 May 2005 | 12:00 AM

Analysts: VADS among top performers in IT industry

VADS Bhd, which was transferred to the main board last month, is seen as one of the top performers in the information technology (IT) industry due to its steady growth, the potential of contact centre services (CCS) and attractive dividends, said analysts.

Business 03 May 2005 | 12:00 AM

Retail ops drive for Suiwah

SUIWAH Corp Bhd, which was transferred to the main board last Friday, expects its retail business to continue to boost total earnings over the next three years, group managing director Datuk Hwang Thean Long said.