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Business 14 Mar 2003 | 12:00 AM

Redez projects sales of RM3bil

KUALA Lumpur-based Redez Properties Sdn Bhd expects to reap RM3bil in sales when its township, Bandar Bistari Perdana, is completed in 2013.

Business 12 Jul 2003 | 12:00 AM

Scomi buying drilling fluids storage firm for RM6.3mil

SCOMI Group Bhd has agreed to acquire Peninsular Malaysia's only drilling fluids and base oil bulking storage company, OBM Terminal Sdn Bhd, for RM6.3mil cash.

Business 07 Sep 2003 | 12:00 AM

UEM World to assume listing of Renong

UEM World Bhd, the new company (newco) which will assume the listing status of Renong Bhd after its privatisation exercise, is confident of positive results for the financial year ending Dec 31, 2004.

Business 20 Nov 2003 | 12:00 AM

Insurance firms to adopt new parts pricing system

INSURANCE companies will adopt the new centralised motor parts pricing system next month to standardise the cost of repairs and car parts for passenger vehicles in the country.

Business 24 Jan 2004 | 12:00 AM

Maybank among Asia’s ‘stand-out performers’

MALAYAN Banking Bhd (Maybank) has been named one of the 'stand-out performers'' in Asia among commercial and retail banks, together with Singapore's United Overseas Bank and South Korea's Kookmin Bank, in the fifth annual report by strategy consultants Mercer Oliver Wyman.

Business 30 Jan 2004 | 12:00 AM

Consultant: 2003 great year for financial services

THE financial services industry had a tremendous 2003 with global market value touching US$6.7 trillion, exceeding its historical peak of US$6.5 trillion, a sum previously touched in February 2001.

Business 17 Mar 2004 | 12:00 AM

President: UCSI to expand without going public

THANKS, but no thanks. That's the response of University College Sedaya International (UCSI) vice-chancellor and president Peter Ng to talk in education circles that the group is going public.

Business 18 Mar 2004 | 12:00 AM

SAT expects high profit from airship business

STRATOSPHERIC Airship Technologies Sdn Bhd (SAT) is expecting to post a profit of US$6bil from its airship building and related business in Kulim in its first seven years of production, MD Bryn Williams said.

Business 08 Apr 2004 | 12:00 AM

GuocoLand exits Benchmark

TAN SRI Quek Leng Chan's Singapore-listed GuocoLand Ltd is exiting Benchmark Group Plc after doubling the value of its investment in the prime London office group over the past eight years.

Business 30 Apr 2004 | 12:00 AM

World travel forecast to grow

THE World Tourism Travel Council (WTTC) has forecast world travel and tourism demand to grow at an average annual rate of 4.6% between 2003 and 2013, Malaysia Airlines (MAS) senior general manager sales, distributions and marketing, Datuk Rashid Khan said.