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Business 04 Aug 2005 | 12:00 AM

Khazanah and unit buy into India’s Apollo Hospitals

KHAZANAH Nasional Bhd and its wholly-owned subsidiary Bisikan Bayu Investments (Mauritius) Ltd have purchased a 13.2% stake in Apollo Hospitals Enterprise Ltd, the largest private hospital group in India, for about RM165mil cash.

Business 30 Jul 2005 | 12:00 AM

IJN to raise RM209mil via Sukuk issue

INSTITUT Jantung Negara Sdn Bhd (IJN) is targeting local investors to raise RM209mil through its issuance of I>Sukuk/Ior Islamic trust certificates.

Business 15 Jul 2005 | 12:00 AM

First Vioxx trial begins in US

The first Vioxx-related lawsuit to go to trial opened with the plaintiff's lawyer contending that Merck Co. traded its mission of treating sickness for relentless marketing and pursuit of profits.

Business 09 Jul 2005 | 12:00 AM

US drug makers see modest gains on exchange rates

Pharmaceutical companies are expected to post modest earnings gains for the second quarter, aided by favorable foreign exchange rates and rising prescriptions of key drugs.

Business 03 Jun 2005 | 12:00 AM

US stocks edge higher despite tepid economic data

Wall Street meandered to a modest gain Thursday as investors, faced with a muddled view of the economy, held off on any large bets before the government's upcoming jobs report.

Business 25 May 2005 | 12:00 AM

Hopes for new Govt contract drive up Duopharma shares

DUOPHARMA Biotech Bhd shares continued to attract buying interest Tuesday, bringing the stock closer to its record high on hopes that the company would secure new drugs supply contract from the Government.

Business 26 Apr 2005 | 12:00 AM

Pacific Insurance unveils two medical plans

PACIFIC Insurance Bhd, a wholly-owned subsidiary of PacificMas Bhd, has launched two medical products in a move to keep the hospitalisation costs within reasonable bounds, Pacific Insurance chairman Choi Siew Hong said.

Business 02 Apr 2005 | 12:00 AM

Inno Biologics gets RM42mil loan for plant

Inno Biologics Sdn Bhd has been granted an eight-year loan of RM42mil by Bank Industri Teknologi Malaysia to partly finance its biopharmaceutical production plant in Putra Nilai.

Business 31 Mar 2005 | 12:00 AM

TH Group invests RM40m in NCI expansion

Sabah- based TH Group Bhd has invested RM40mil in the expansion of the NCI Cancer Hospital (NCI), group general manager Angie Ang said.

Business 07 Mar 2005 | 12:00 AM

Dawn of a new era for Pantai

THIS year marks the dawn of a new era for leading integrated healthcare group, Pantai Holdings Bhd. Group chairman Datuk Dr Ridzwan Bakar said the Pantai group was set to stage a turnaround in both profits and operations through well-defined growth strategies under its aggressive domestic and overseas expansion plan.