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Land conversion lifts E&O prospects
Sales at Eastern Oriental Bhd's (EO) Seri Tanjung Pinang project have been encouraging, thanks partly to the conversion of land tenure in the Penang project from leasehold to freehold.
MAS and AirAsia set to boost profits
The rationalisation of the domestic air routes will boost profitability for both Malaysia Airlines (MAS) and AirAsia Bhd, say the chiefs of both airlines.
Housing boom in Cheras
Property Talk: A weekly column by S.C. Cheah. This week he writes that Cheras is experiencing a housing boom particularly around the Sungai Long and the Taman Len Sen and Taman Connaught areas.
Astro profit surges 57%
Astro All Asia Networks Plc, the country's biggest pay-TV operator, reported a 57% jump in net profit to RM228.8mil from RM145.4mil a year ago on revenue of RM2bil for the financial year ended Jan 31, 2006 (FY06).
Strong interest in Mitraland’s Kiara 1888
THE Mitraland group has whipped up such a lot of interest in its maiden condominium project in Mont' Kiara, the Kiara 1888, that 60% of the high-rise block has been sold prior to launch over the weekend.
Market direction under study
Wall Street concluded a mixed week Friday with the market debating the direction of stocks amid conflicting economic signals.
Mazda Q3 profit jumps, lifts forecast
Quarterly profits at Mazda Motor Corp soared beyond expectations, its results showed yesterday, riding on a weaker yen and cost cuts, prompting it to lift its full-year forecasts for the second time in three months.
Asian rally lifts KLCI
THE Kuala Lumpur Composite Index (KLCI) inched up slightly on the last trading day in the Year of the Rooster boosted by sharp gains elsewhere in the region.
Strong demand for cell-phones lifts Motorola Q4 earnings
Motorola Inc's fourth-quarter earnings shot up 86% on the strength of demand for its mobile phones such as the popular I>Razr/I>, but shares fell after the company's sales and outlook disappointed Wall Street.
Late buying lifts Ranhill to 5-month high
A SURGE of late buying orders yesterday lifted Ranhill Bhd shares to their highest level in almost five months, dealers said.
