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Business 03 Jan 2003 | 12:00 AM

Southern Steel sees better 2003 results

SOUTHERN Steel Bhd sees a 10% improvement in performance this year with the construction industry expected to make a rebound after the Chinese New Year, according to chairman Datuk Abdullah Mohd Yusof.

Business 04 Jan 2003 | 12:00 AM

Single-digit growth for consumer sector

THE consumer sector, especially the food and beverage (FB) sub-sector, is anticipated to show single-digit growth for 2003 in line with the projected gross domestic product (GDP) growth for the year even though the health and growth of the consumer sector is really dependent on a whole host of factors, ranging from world commodity prices to local consumer spending habits.

Business 04 Jan 2003 | 12:00 AM

Park May to sell Rangkaian stake

BUS operator Park May Bhd, in an effort to reduce its debts, plans to dispose of its 20% stake in Rangkaian Segar Sdn Bhd, the operator of the Touch #8216;n Go electronic payment system.

Business 18 Jan 2003 | 12:00 AM

Bumpy ride for Park May

IS PARK May Bhd walking in its parent's footsteps? Last year, Renong Bhd was in danger of falling into negative shareholders' funds and had to moot a private placement to raise RM400 million to help it out of that predicament.

Business 13 Feb 2003 | 12:00 AM

Cement firms – how they fared

Surf88 looks at the cement sector and companies related to it.

Business 14 Feb 2003 | 12:00 AM

Magnum net profit of RM221mil-RM251mil seen

MAGNUM Corp Bhd is expected to announce later this month a 2002 net profit of between RM221.3mil and RM251mil, with some brokers seeing pressure on the results from declining sales in the company's numbers forecasting operations (NFO) as a result of competition from illegal betting and the repatriation of foreign workers last year.

Business 19 Feb 2003 | 12:00 AM

IOI interim pre-tax profit doubles

PLANTATION giant IOI Corp Bhd has turned in a sterling performance for its first half ended Dec 31, 2002, with group pre-tax profit almost doubling to RM414.2mil from RM215mil a year earlier, thanks to buoyant crude palm oil (CPO) prices.

Business 28 Feb 2003 | 12:00 AM

F&N pre-tax profit increases 26.1% for first quarter

FRASER Neave Holdings Bhd's (FN) pre-tax profit rose 26.1% to RM39.5mil for the first quarter ended Dec 31, 2002 compared with the previous corresponding quarter.

Business 08 Mar 2003 | 12:00 AM

Brokers' Call

Magnum Corp Berhad

Business 15 Mar 2003 | 12:00 AM

Versus the CI

Liew Lai Jing writes on Magnum, YTL Power, Malayan Cement. SCB Development and FN.