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Business

Genting Highlands a major tourist revenue earner

A GUST of cool mountain breeze: that was how one of Malaysia's largest companies got started. Genting Bhd founder Tan Sri Lim Goh Tong said the cool crisp air in Cameron Highlands where he was working on the hydro-electric dam project there in 1964 convinced him 'to develop a retirement retreat where I could spend my old age.'

Education

Big on research, cutting-edge technology

Swinburne is big on research, which is considered a cricital component of its development as a premier university.

Business

Small-cap stocks still the favourite

In the second and final part of a discussion on the stock market for 2004 with I>StarBiz/Iassistant news editor I>JAGDEV SINGH SIDHU/Iand reporter I>ELAINE ANG/I>, the two fund managers - KLCS Asset Management executive director/chief investment officer Connie Ong and Fortress Capital Asset Management chief executive officer Thomas Yong - together with three research heads - AmResearch executive director Gan Kim Khoon, OSK Research's Pankaj Kumar, and KN Kenanga's Seow Choong Liang - tell us just what type of stocks they are looking at.

Business

News in brief

Business

Positive market outlook for 2004

Whichever way the KLSE in 2003 will be looked at, it will be remembered as a roller coaster of a ride. From gloom of war and the despair of SARS to the euphoria of a multi-month rally that ended the three-year bear market, investors finally managed to revel in a booming stock market with no stumbling impediments in sight.

Business

Magnum wins over most 4D agents with fresh accords

MAGNUM Corp Bhd has won over most of the 4D selling agents of its gaming subsidiary Magnum 4D Bhd who had previously claimed profit commission totalling millions of ringgit were due to them.

Business

Snapshots

Highlights on: PJI and Magnum

Business

Magnum Corp proposes share exchange with unit Magnum 4D

Magnum Corp Bhd has proposed a share exchange with subsidiary Magnum 4D Bhd that would see the gaming businesses of Magnum 4D being consolidated under Magnum Corp and Magnum Corp's properties, together with the 40-storey Menara Multi-Purpose, being placed under a Magnum 4D listed shell.

AseanPlus News

Mass murderer sentenced to death

A man who wanted to experience the 'sensation of killing' was yesterday sentenced to death after being convicted of strangling 17 young boys in a case that shocked China.

Business

Genting notes issue fully subscribed after book-building

GENTING Bhd's proposed US$250mil five-year exchangeable notes as well as US$50mil additional notes issues have been fully subscribed following the completion of a book-building exercise on Dec 5, the company said in a statement to the KLSE Monday.