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Business

Leo Burnett’s Maze poster wins gold award at AP Adfest

LEO Burnett Advertising Sdn Bhd has bagged a gold award at the 7th Asia Pacific Advertising Festival 2004 (AP AdFest) held in Pattaya, Thailand, earlier this month.

Business

Mitsui Sumitomo posts record high pre-tax profit

MITSUI Sumitomo Insurance (M) Bhd posted a pre-tax profit of RM49.2mil last year, the highest in its corporate history, CEO Fabian Wong Yin Onn said.

Business

76% rise in net profit for Bank Negara

BANK Negara has posted a 76% increase in net profit to RM1.466bil for 2003 from RM832mil a year earlier after its 1993 foreign exchange losses were finally amortised in full last year.

Business

Advance Synergy’s unknown assets

Comment by C.S. TAN.

Business

Mines City attracts high-end homes

Property Talk: A weekly column by S.C. Cheah. This week he says: It'S getting real hot. No, I am not talking of the weather but the sizzling sales of serviced apartments in the vicinity of the Mines Resort City in Seri Kembangan.

Business

Poh Kong sparkles on main board debut

JEWELLER Poh Kong Holdings Bhd made a sparkling debut on the MSEB main board yesterday, opening at RM2.60 for a premium of RM1, or 62.5%, over its initial public offerI>ing/I(IPO) price of RM1.60 per share.

Business

Barisan gets boost from strong economy

The announcement by Shell Malaysia Monday that a Shell-led consortium has discovered what is believed to be the biggest offshore oilfield in Malaysia off Sabah is great news, particularly for the Barisan Nasional government, heading into the general election. WONG SULONG writes.

Business

10 more Makro stores in 4 years

MAKRO Cash Carry Distribution Sdn Bhd plans to open 10 new stores in Malaysia in the next four years.

Business

Card-holder base of MBF expected to reach 500,000

MBF Cards (M) Sdn Bhd expects its card-holder base to grow to 500,000 by year's end from 323,000 now, said president Al Alagappan.

Business

Eisner loses Disney chairman’s post after shareholder protest

Michael Eisner has been stripped of his post as chairman of Walt Disney Co but managed to keep his position as chief executive although 43% of the company's shareholders voted against him in an unprecedented protest.