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Business 14 Nov 2003 | 12:00 AM

Way cleared for Tabcorp’s bid for Tab

B>MELBOURNE: /B>The New South Wales state government has decided to remove a cross-ownership restriction that prevents a gaming company owning both a wagering and a gaming licence.

Business 15 Nov 2003 | 12:00 AM

Versus the CI

Pauline S.C. Ng writes on Southern Bank, NV Multi, Caely and Magnum Corp.

Business 02 Dec 2003 | 12:00 AM

KL market stages strong rebound

THE local stock market broke out from its consolidation phase of the past month to stage a strong rebound Monday, sending the KLSE Composite Index (CI) 1.45% or 11.28 points up to a two-week high of 790.56.

Business 04 Dec 2003 | 12:00 AM

Two-digit earnings growth on the cards

CORPORATE earnings should show double-digit growth next year going by recently-announced third-quarter results which were generally in line with, if not slightly above, analysts' expectations.

Business 06 Dec 2003 | 12:00 AM

Genting raising US$300mil for overseas investments

GENTING Bhd is issuing US$300mil five-year exchangeable notes to foreign investors to raise funds for the group's future overseas investments and working capital expenditure.

Business 09 Dec 2003 | 12:00 AM

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.

Business 13 Dec 2003 | 12:00 AM

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.

Business 16 Dec 2003 | 12:00 AM

Snapshots

Highlights on: PJI and Magnum

Business 17 Dec 2003 | 12:00 AM

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 19 Dec 2003 | 12:00 AM

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.

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