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Business 02 Oct 2003 | 12:00 AM

Foster’s to buy back shares on open market

Foster's Group Ltd, Australia's best-known beer maker, said yesterday it would buy back up to 40 million of its shares on the open market over the next year in the first step towards spending its surplus capital.

Business 03 Oct 2003 | 12:00 AM

ING upgrades outlook for Malaysian bourse

ASSET management firm ING Financial Markets has upgraded its outlook for Malaysia's equity market and boosted its holding of Malaysian stocks to 9% of its total Asian (except Japan) portfolio from 5% previously.

Business 13 Oct 2003 | 12:00 AM

Sales revenue seen to offset rise in material cost

PROPERTY developer Millennium Land Sdn Bhd anticipates margins will be affected due to the rise in raw material and labour costs, but its chief executive officer forecasts that the property will enjoy good sales and expects sales revenue to hit at least RM70mil next year.

Business 17 Oct 2003 | 12:00 AM

Rival Aussie gaming firms merging

Australia's second biggest gaming group, Tab Ltd, launched a takeover of smaller rival UNiTAB Ltd yesterday, creating a wagering concern valued at more than A$2bil.

Business 21 Oct 2003 | 12:00 AM

KL market appears poised for another surge

THE country's smooth leadership transition and the listing of Astro All Asia Networks plc next week could set the stage for another stock market surge similar to the one seen two weeks ago.

Business 23 Oct 2003 | 12:00 AM

Asia’s share of Seagate sales up

Seagate Technology HDD Holdings, the largest US maker of computer hard-disk drives, says Asia's contribution to its revenues is growing, thanks to rising PC demand and production in the region.

Business 31 Oct 2003 | 12:00 AM

Foster’s to get A$1.5bil from sale of pubs

Australian brewer Foster's Group Ltd said yesterday it would receive around A$1.5bil gross proceeds from its pubs spin-off after its institutional book building closed at A$2.50 per share.

Business 07 Nov 2003 | 12:00 AM

Magnum in Indon deal?

MAGNUM Corp Bhd is believed to have signed an agreement with an Indonesian business group to run a numbers forecast operations (NFO) in Indonesia.

Business 08 Nov 2003 | 12:00 AM

Magnum confirms talks with Indon NFO

MAGNUM Corp Bhd has confirmed that it is in negotiations with certain parties in relation to numbers forecast operations (NFO) business in Indonesia as reported by I>StarBiz/Iyesterday.

Business 13 Nov 2003 | 12:00 AM

Amstel close lower on heavy profit taking

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