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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

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.

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

Menang to speed up Seremban 3

SEREMBAN 3 township developer Menang Corp (M) Bhd is expected to speed up the development of its terrace houses in light of strong demand from house buyers.

Business

MBF targets to issue 50,000 cards under AIMST programme

MBF Cards (M) Sdn Bhd has set a target to achieve 50,000 cards for its MBf AIMST Gold MasterCard programme, an affinity card for MIC members, within the next 12 months.

Business

Poh Kong IPO oversubscribed by 70 times

THE public portion of three million shares in jeweller Poh Kong Holdings Bhd's initial public offering (IPO) has been oversubscribed by 69.85 times.

Business

Prudential bullish about new fund

PRUDENTIAL Unit Trusts Bhd (PUTB) is confident all 600 million units of its newly-launched PRUI>dana dinamik /I>fund will be taken up during the offer period ending March 16, said chief executive officer Mark Toh Chin Hian.