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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.
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.
144 illegal aliens detained during op
A total of 144 illegal foreign workers were detained in an operation conducted by the Immigration Department and Rela.
Export markets more diversified, stronger trade links with China
MALAYSIA'S export markets were further diversified by 3% in 2002, with trade links with China particularly pronounced.
Higher dividend seen from Berjaya Sports Toto
RECENTLY Berjaya Sports Toto Bhd declared a second interim dividend of 5 sen per share. Barely a month ago, it had already announced a first interim of 5 sen. The recent dividend announced will go ex-div on May 29, 2003.
Rehda says levy to CIDB should be suspended
THE Real Estate and Housing Developers Association (Rehda) has proposed that the 0.25% levy on contract value paid to the Construction Industry Development Board (CIDB) be suspended as it has failed to fulfil its role in meeting the construction industry#039;s needs.
900 illegal workers held
About 900 illegal foreign workers have been rounded up in the Klang Valley since Tuesday, marking the start of a nationwide joint operation involving the police and the Immigration Department to nab such offenders.
Name tags for foreign workers at project sites
Developers have been ordered to provide their workers with identification tags to restrict access into construction sites.
Human traffic scam busted at KLIA
A human smuggling syndicate comprising Malaysia Airlines (MAS) and Malaysia Airports Bhd officials has been busted with the arrest of four people including a Sri Lankan who sought its services.