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Business 02 Jan 2003 | 12:00 AM

MBf Capital and CASH get SC nod for revamp

FINANCIALLY troubled MBf Capital Bhd has received approval from the Securities Commission (SC) for its proposed restructuring scheme that includes a 40-to-1 share capital reduction, asset acquisition and a reverse takeover by Perfect Utilisation Sdn Bhd (PUSB).

Business 03 Jan 2003 | 12:00 AM

Takaso focuses on brand building this year

MUAR-BASED Takaso Resources Bhd is focusing this year on brand building for its baby products and condoms, and on enhancing its distribution network both locally and internationally.

Business 04 Jan 2003 | 12:00 AM

UOB stockbroking subsidiary buys rival company

SINGAPORE#8217;s largest stockbroking group, UOB-Kay Hian Holdings Ltd, is acquiring the brokerage business of one of its smaller rivals, J.M. Sassoon Co Pte Ltd, as the city-state#8217;s broking industry consolidates.

Business 04 Jan 2003 | 12:00 AM

Who buys them?

Here is a quick rundown of the type of investors who purchase properties abroad.

Business 04 Jan 2003 | 12:00 AM

Fighting the Bears

Will it hurt to look at the stock market in 2003? What are the stocks worth putting your money in?

Business 06 Jan 2003 | 12:00 AM

Brisk sales at Taman Tasik Indah

CRYSTAL Hill Properties Sdn Bhd has seen brisk sale of its Taman Tasik Indah project in Jalan Ipoh with 40% of 310 units of upmarket three-storey terrace houses snapped up during the pre-launch sale.

Business 06 Jan 2003 | 12:00 AM

Stockwatch

Izwan Idris writes on TNB, Litrak, WCT, IOI Corp and MAS.

Business 06 Jan 2003 | 12:00 AM

Show houses to boost sales

THE RM2mil Hartamas Regency show residence looks like a big double-storey detached house from outside. However, the moment you step inside this air-conditioned building, you#146;ll be surprised to find that it houses a penthouse, an apartment and a sales office complete with water features, lounge area, and even mock-up lifts.

Business 08 Jan 2003 | 12:00 AM

Henry Butcher: Developers must try to avoid glut in Seberang Prai

DEVELOPERS should be more cautious in building commercial lots in Seberang Prai to avoid a property glut because poor business sentiments are seen continuing this year.

Business 09 Jan 2003 | 12:00 AM

Fierce debate on Bush plan

A fierce debate has erupted among economists over whether the stimulus and tax-cut package unveiled overnight by President George W. Bush is the tonic needed for an ailing US economy or simply a giveaway to the rich.