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UP to get earnings boost from union with UIEM, says chairman

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.


Govt to announce fourth IPP 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.


Magnesium plant to start operation next year

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.


Aluminium smelting plant set to take off

THE RM9.8bil aluminium smelting plant project, one of the country#039;s major projects, is all set to take off in September.


Maju-led group wins RM1.4bil road contract

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.


Yu Neh Huat to grow market share by 20%

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.


YNH eyes Klang Valley project by mid-2004

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.


Perak gets fresh plan for aluminium smelter

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 ready to launch mega halal food projects

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).


DBE to export bulk of poultry output

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.