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Business 04 Jan 2003 | 12:00 AM

Moment of truth for rubber industry

IT WILL soon be time for speculation to yield completely to reality. At least, this is the case for those who have taken part in the share market whirl #8211; the so-called I>Reactorrim /I>play #8211; that has lifted the prices of several counters following announcements of joint ventures (JVs) to consolidate rubber smallholdings.

Business 09 Jan 2003 | 12:00 AM

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.

Business 11 Jan 2003 | 12:00 AM

UP rewards even during tough times

UNITED Plantations Bhd (UP), one of Malaysia's oldest plantation companies, has impressed shareholders with its generous and consistent dividend payouts over the past 13 years.

Business 16 Jan 2003 | 12:00 AM

MRCB signs RM88mil cash deal for Landas Utama

MALAYSIAN Resources Corporation Bhd (MRCB) has entered into an agreement to acquire a holding company that would give it a 24.9% shareholding in major property developer UDA Holdings Bhd for RM88mil cash.

Business 17 Jan 2003 | 12:00 AM

NasionCom growing its revenue

NASIONCOM Sdn Bhd aims to generate revenue of at least RM55mil this year for its VoIP (Voice over Internet Protocol) and broadband Internet services, said executive vice-chairman Datuk Chee Kok Wing.

Business 18 Jan 2003 | 12:00 AM

MK Land repositioning itself

IN A builders environment today where it seems hip to be viewed as an up-market high-end developer, it has been interesting to watch MK Land Holdings Bhd flaunt its focus on building affordable houses. And it has made some steady profits from it as well, having emerged a strong player in the country's property scene and one of the largest capitalised property companies too.

Business 18 Jan 2003 | 12:00 AM

Baswell is confident of furniture business

THERE are many in the furniture industry that might view the future of their business with a sour visage. With over 3,000 players in Malaysia and a likely growth of only 5 per cent per annum for the next 5 years, the threat of extinction is only too ominous.

Business 18 Jan 2003 | 12:00 AM

Malakoff set to acquire Tanjung Bin

THE domestic power sector may offer scarce opportunities to many companies seeking to expand, but that is not quite the impression one gets of Malakoff Bhd.

Business 21 Jan 2003 | 12:00 AM

IGB quite active in corporate exercises

FORMERLY known as Ipoh Garden Bhd, IGB Corp Bhd has always been a diversified property player; not only does it build residential units to commercial properties and hotels in the country, it also owns property investments abroad including the St Giles hotel chain in Britain and the MiCasa Hotel Apartments in Myanmar.

Business 22 Jan 2003 | 12:00 AM

News in brief

News in brief on Lityan Holdings and Sarawak Oil Palm.