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Ngiu Kee invests in hypermarket

NGIU Kee Corp (M) Bhd will invest about RM7mil in a hypermarket in Samajaya Shopping Mall, Kuching, which is expected to be operational in 12 months.


KBB investing RM25mil in Indon plant

KBB Resources Bhd is allocating RM20mil to RM25mil for its new plant in Indonesia, which is expected to begin operations in the third quarter.


Revamp in the air for domestic routes

WHILE a concept paper to restructure the domestic air services sector in Malaysia is being pieced together for presentation to the Government in two to three weeks time, AirAsia Bhd is quick to say that it is ready to take on new frequencies anywhere in the country so long as a B737 aircraft could be used for that.


Ta Ann plans to open two more CPO mills

THE Ta Ann group expects to open two more crude palm oil (CPO) mills within the next five years in tandem with its oil palm division expansion.


Ta Ann gets loan to buy oil palm plantation

SARAWAK'S timber giant Ta Ann Holdings Bhd yesterday entered into a RM125mil loan agreement with HSBC (M) Bhd to finance its expansion into the oil palm plantation sector.


Ngiu Kee to open hypermarts

NGIU Kee Corp (M) Bhd is on track to expand into the hypermarket business in Sarawak and Sabah.


EON Bank plans to extend retail stockbroking services

EON Bank Bhd plans to extend its EON Bank Priority Investment Centre (EPIC) retail stockbroking services to more than 40 branches nationwide in three years.


Maybank opens Kuching Islamic branch

MALAYAN Banking Bhd (Maybank) has opened its first full-fledged Islamic banking branch in Sarawak.


CEO for new JCorp company by year-end

Johor Corp (JCorp) will appoint a chief executive officer (CEO) for the newly set up company responsible for marketing and promoting its convention centre.


YTL founder appointed pro-chancellor of UMS

TAN Sri Yeoh Tiong Lay, founder and executive chairman of the YTL group of companies, has been appointed pro-chancellor of Universiti Malaysia Sabah.