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TELEKOM Malaysia Bhd, which has been trying to grow its cellular business, sees revenue composition eventually being equally divided between its fixed line and cellular/multimedia/data segments.
UAC posted further sequential improvement in the latest quarter, thanks to rising sales at its core fibre cement division. Given significantly higher margins, this led UAC towards double-digit sequential profit growth in April-June 2003, notwithstanding declining revenue from polyethylene pipes and roof trusses.
Tokyo stocks advanced Tuesday, continuing their climb from a near 12-month high the previous day and on the heels of an overnight rally on Wall Street.
I>B>/I>/B>THE 1997 Asian financial crisis, the 2000 technology sector sell-down, Sept 11 terrorist attacks, followed by Bali bombing, and another Gulf War have quashed investors#039; confidence in equities time after time. Most have turned to bonds and time deposit as alternatives.