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Business 01 Jan 2003 | 12:00 AM

KLSE ends 2002 with a whimper, Maybank top loser

THE last trading day of 2002 saw the KLSE Composite Index (CI) closing not with a bang, but with a whimper. The much anticipated last minute window-dressing activities failed to make an impact. Instead heavyweight Maybank #150; a key component stock of the CI #150; lost 45 sen, dragging the market down.

Business 03 Jan 2003 | 12:00 AM

Page 3 Finance Asia awards 4 local firms, govt’s bond issue

I>Finance Asia /I>magazine has singled out four Malaysian companies and a global Malaysian bond issue for the best awards in various categories for 2002.

Business 03 Jan 2003 | 12:00 AM

KLSE gets off to a rocky start

THE KLSE got off to a rocky start in the first trading day of the year as window-dressing activities that had lent support to the market in recent weeks apparently disappeared. The Composite Index (CI ) skidded nearly 14 points or 2.15% to 632.4 yesterday, as investors sold down their holdings, on heightened fears of war between the US and Iraq.

Business 07 Jan 2003 | 12:00 AM

Petronas PVC plant aims to double output

PETROLIAM Nasional Bhd#039;s (Petronas) US$70mil polyvinyl chloride (PVC) joint-venture plant in Vietnam hopes to double its production capacity to 200,000 tonnes per year (MTPA) in the near future from 100,000 initially.

Business 08 Jan 2003 | 12:00 AM

Petronas and Petrovietnam sign exploration contract

PETROLIAM Nasional Bhd (Petronas) and its Vietnamese counterpart, Petrovietnam, signed yesterday a contract to jointly explore and develop hydrocarbon resources in two exploration blocks offshore Vietnam.

Business 09 Jan 2003 | 12:00 AM

Rafidah: 5,000 Proton cars heading for Iraq

MALAYSIA will ship 5,000 Proton cars to Iraq and is in talks to participate in oil and gas projects, despite growing fears of a US-led war against President Saddam Hussein#039;s regime, said Datuk Seri Rafidah Aziz.

Business 10 Jan 2003 | 12:00 AM

Hempel investing RM22mil in marine coating plant

DANISH paint maker Hempel group, through its local arm Hempel Coatings (M) Sdn Bhd, is investing RM22.4mil in a new marine coating plant in Kluang, Johor.

Business 13 Jan 2003 | 12:00 AM

CI seen to resume its positive trend

Stock Market Signals: A weekly column by G.M. Teoh on the performance of the KLSE's Main Board.

Business 14 Jan 2003 | 12:00 AM

MMC Metal Industries plans to make coaches for local railway

MMC Engineering Bhd#146;s subsidiary, MMC Metal Industries Sdn Bhd (MMI), which manufactures freight wagons for KTM Bhd (KTMB), plans to produce locally-made coaches for the local railway.

Business 15 Jan 2003 | 12:00 AM

Tekla sees boost from Asia Pacific

INFRASTRUCTURE management software provider Tekla (M) Sdn Bhd expects its Asia-Pacific market to rev up this year, with China posing rapid sales growth and Malaysia to be a consistent market, according to its managing director Ari Nassi.