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THE merger of United Plantations Bhd (UP) and United International Enterprises (M) Bhd (UIEM), two of the most efficient plantation companies in the country, is expected to contribute significantly to UP#146;s profit this year.
THE government is expected to announce this year the name of the independent power producer (IPP) that will build the country#146;s fourth coal-fired power plant.
THE US$180mil (RM684mil) magnesium plant to be located in the K-munting industrial estate near Tai-ping is expected to begin its first production for the world market in Oc-tober next year.
THE RM9.8bil aluminium smelting plant project, one of the country#039;s major projects, is all set to take off in September.
A Maju Holdings-led consortium is tapping the construction and engineering expertise of Australia#039;s Leighton group to undertake a RM1.35bil contract that it has won to design and build a new highway between Kuala Lumpur and the new federal administrative capital, Putrajaya.
MENTION any recent housing scheme in the Manjung district in Perak and chances are that the Yu Neh Huat Bhd (YNHB) group has a hand in its development.
PERAK-based property developer Yu Neh Huat (YNH), which made its debut on the KLSE main board yesterday, hopes to launch its maiden project in the Klang Valley by mid-2004.
THE Perak state government has received a fresh proposal from a company prepared to invest about RM9.3bil in an aluminium smelting plant in the Manjung district following its failure to attract Masco Aluminium to set up its operations there.
SOLIDVEST Sdn Bhd is all set for the launch of three mega integrated I>halal /I>food-based projects in Manjung, Perak, and Klang, Selangor with an estimated initial investment of US$2.5bil (RM9.5bil).
POULTRY producer DBE Gurney Resources Bhd (DBE), en route to a listing on the MSEB second board by the middle of next month, is on an expansion drive to export the bulk of its broiler chickens in the next five years.