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Business

Acquisition gone sour led to Supermax downfall

Rubber glove maker Supermax Corp Bhd was a victim of its own success. That is the assessment of group managing director Datuk Seri Stanley Thai, who believes that the company's fine stock market run several years ago eventually led it to an acquisition gone sour.

Business

Glove makers tighten standards

Glove makers have to comply with a more stringent defect standard after the US Food and Drug Administration (FDA) implemented new regulations effective Dec 19.

Business

Food and mobile phone sectors thriving despite economic woes

AT a time when consumer spending is expected to slow down, two sectors seem to indicate they may be relatively resilient - food and beverage (FB) and mobile phone communications.

Business

Hartalega posts 119% jump in profit

HARTALEGA Holdings Bhd's net profit surged 119.5% to RM22.23mil for the third quarter ended Dec 31 2008 from RM10.13mil in previous corresponding period.

Business

Top Glove to gain from gas price cut

Top Glove Corp, the world's biggest rubber-glove maker, expects lower production costs and wider profit margins after the Government said it would cut the price of natural gas.

Business

Lower dividend payouts from commodity firms

Dividend payouts by commodity-based companies may be lower this year as players opt to retain more profits to fund growth in anticipation of softening demand for finished goods.

Business

Brokers' Call

Brokers' comment on rubber stocks, Tenaga Nasional and QL Resources Berhad.

Business

Top Glove high on analysts’ radar screen

Expansion in production capacity, better quality control, cost efficiency and lower latex price will continue to drive the performance of Top Glove Corp Bhd in the financial year ending Aug 31 (FY09).

Business

Boost for glove makers after Tillotson patent invalid

Malaysian rubber glove makers can continue to export nitrile gloves to the US after the US International Trade Commission (ITC) decided there was no violation of Tillotson Corp's trademark.

Business

Latest Investment Guru

PREM Watsa, founder and CEO of Canadian insurance group Fairfax Financial Holdings, was named i>Investment Guru of the Year/iby gurufocus.com last week.