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ANALYSTS remain upbeat about Scomi Group Bhd's shares, which have turned in a stellar performance since their listing in May last year, despite allegations that components made by a company subsidiary may have been used to produce centrifuges for the production of nuclear weapons in Libya.
Thalgo Cosmetic (SEA) Sdn Bhd is confident of meeting its turnover target for the year. It has a slew of new products lined up that it expects would contribute substantially to revenue, corporate and legal affairs director Tan Wei Ming said.
Comments on the bird flu crisis from some of the major poultry producers in Malaysia, including: Khoo Chee Kong, executive director CAB Cakaran Corp
b>Impact of the bird flu crisis:/bWhile most Asian poultry farming companies have been severely hit by the avian influenza (AI) outbreak, the chicken industry in Malaysia is still registering positive returns - local chickens being AI-free, and chicken products safe to eat.
Business software maker PeopleSoft Inc.'s fourth-quarter profit plunged 70 percent, largely because of costs associated with its recent acquisition of J.D. Edwards Co. - a deal that management says is exceeding expectations and helping to thwart a hostile takeover bid by rival Oracle Corp.
Kraft Foods Inc said it will eliminate 6,000 jobs, or 6% of its workforce, and close 20 plants worldwide over the next three years. The restructuring follows more than a year of disappointing sales and earnings for the biggest US food company.
JOHOR-BASED My Pharmacy Services Sdn Bhd aims to have 50 outlets nationwide within the next five years. Managing director Fung Lee Jean said this target would be made possible under the company's franchising programme for which it had recently received approval from the Entrepreneur Development Ministry.