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Business 26 Nov 2004 | 12:00 AM Premium

Consultant: Be well versed in use of LCs

LOCAL exporters should be well versed in the usage of letters of credit (LCs) in order to avoid future losses in international trade, according to a specialist, Tradelinks Resources Sdn Bhd director and consultant Billy Fong Goon Poy said.

Business 29 Nov 2004 | 12:00 AM Premium

CIMB's Darawati counts on professional staff to compete regionally

ESTABLISHING a sustainable business model in order to compete with local and regional players in the private equity business is one of the challenges faced by CIMB Private Equity head Darawati Hussain and her team.

Business 02 Dec 2004 | 12:00 AM Premium

Hyundai-Berjaya gets takeover offer

HYUNDAI-BERJAYA Corp Bhd has received an unconditional takeover offer from Space Tracks Sdn Bhd for all the remaining ordinary shares and warrants in the company it does not already own at a cash offer price of RM3.60 per share and RM2.60 per warrant.

Business 03 Dec 2004 | 12:00 AM Premium

PM to make announcement on sale of DRB-HICOM stake

DRB-HICOM Bhd chief executive officer Tan Sri Saleh Sulong said Prime Minister Datuk Seri Abdullah Ahmad Badawi is expected to make an announcement soon on the sale of the block of 155.4 million shares representing a 15.8% stake in the diversified automotive, financial services, plantations and property group.

Business 12 Dec 2004 | 12:00 AM Premium

Poh Kong has the Midas touch

If there is one company that has transformed the gold jewellery retail industry in Malaysia, it is Poh Kong Jewellers. Set up in 1976 as a 5-sq m, one-counter shop in Petaling Jaya and with a total stock value of RM200,000, it is now a public listed company (Bursa Malaysia main board) with 60 outlets throughout the peninsula and is considered the largest retailer of gold and gem-set jewellery in this country.

Business 14 Dec 2004 | 12:00 AM Premium

EON Bank, Uni.Asia offer e-cover notes

Eon Bank group (EBG) together with Uni.Asia General Insurance Bhd (UAG) has introduced the issuance of electronic motor insurance cover notes or e-cover notes at all its branches, using an electronic system, which is linked directly to the Road Transport Department (RTD) for the renewal or purchase of road tax.

Business 08 Jan 2005 | 12:00 AM Premium

Buck up, bumi AP holders told

BUMIPUTRA companies with approved permits (APs) to import cars were warned yesterday that their days could be numbered if they did not buck up and play their part in the motor industry effectively.

Business 27 Jan 2005 | 12:00 AM Premium

ATS going for regional expansion

MESDAQ-BOUND AT Systemization (ATS) Bhd aims to expand its automated solutions not only in the booming Chinese economy but also in the South-East Asian region, particularly Thailand, as the rate of industrialisation in the region accelerates, ATS managing director Beh Lai Lien told I>StarBiz/Iin Kuala Lumpur.

Business 28 Jan 2005 | 12:00 AM Premium

News in brief

Business 02 Feb 2005 | 12:00 AM Premium

CIMB joint lead manager for RM1.9b Sukuk

CIMB Bhd, via its Labuan unit, is the only Asian investment bank among the four mandated by Saudi Arabia-based International Development Bank (IDB) to sell its second round of US$500mil Sukuk issue targeted for launch in April this year.