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Business 02 Jan 2003 | 12:00 AM

Mentiga buying estate in Rompin for RM95mil

MENTIGA Corp Bhd is acquiring an oil palm estate in Rompin, Pahang, from the board of trustees of Yayasan Pahang for RM95mil.

Business 04 Jan 2003 | 12:00 AM

News in brief

News in brief including timber company Ta Ann Holdings Bhd is diversifying into property development and has acquired 3.6ha piece in Kuching for RM13.5mil.

Business 04 Jan 2003 | 12:00 AM

KFCH to sell all non-core assets

KFC Holdings (M) Bhd (KFCH) will be selling its non-core, non-related assets including Wisma KFC,as part of its efforts to streamline operations to remain focused, said managing director Johari Abdul Ghani.

Business 04 Jan 2003 | 12:00 AM

Moment of truth for rubber industry

IT WILL soon be time for speculation to yield completely to reality. At least, this is the case for those who have taken part in the share market whirl #8211; the so-called I>Reactorrim /I>play #8211; that has lifted the prices of several counters following announcements of joint ventures (JVs) to consolidate rubber smallholdings.

Business 06 Jan 2003 | 12:00 AM

Xian Leng hopes to net main board listing

DEVELOPING a hobby into a lucrative business and having that company listed on the second board of the KLSE is a feat. What's interesting is that the venture involved ornamental fish breeding, unlike the more popular technology or manufacturing-related businesses of companies seeking listing on the KLSE.

Business 07 Jan 2003 | 12:00 AM

Inti to spend RM5mil on smart card system for all colleges

INTI Universal Holdings Bhd will invest RM5mil to introduce a smart card system at all its Inti colleges nationwide and abroad.

Business 08 Jan 2003 | 12:00 AM

Prudential plans 2 unit trust funds

PRUDENTIAL Unit Trusts Bhd plans to launch two new funds of about RM500mil in size this year, said chief executive officer Mark Toh Chin Hian.

Business 08 Jan 2003 | 12:00 AM

BPIMB gets RM45mil funds from govt

BANK Pembangunan dan Infrastruktur Malaysia Bhd (BPIMB) has received RM45mil from the government for Islamic banking under the I>syariah /I>concept of I>Bai#146; Inah/I>.

Business 08 Jan 2003 | 12:00 AM

Konica and Minolta to merge

Konica Corp and Minolta Co, two film photography giants struggling for a foothold in the digital era, have agreed on a merger that could propel them into the big league of office machine makers.

Business 08 Jan 2003 | 12:00 AM

News in brief

News in brief on Park May, Arab-Malaysian Development, South Malaysia Industries and Kris Components.