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RM100mil for new Texchem food unit

TEXCHEM Resources Bhd (TRB) plans to pump up to RM100mil into its newly-formed food business division by 2010, according to group executive chairman and president Datuk Seri Fumihiko Konishi.

Texchem in Myanmar joint venture

TEXCHEM Resources Bhd#039;s (TRB) wholly-owned subsidiary Texchem Food Sdn Bhd has entered into a joint-venture agreement with Myanmar-based Mascot Industries Co Ltd to manufacture and market surimi, fishmeal, seafood sticks and aqua culture products in Myanmar.

Texchem appeals to SC over listing

TEXCHEM Resources Bhd is appealing against the Securities Commission#039;s (SC) decision to reject Texchem-Pack (M) Sdn Bhd#039;s (Tex-Pack) application to list on the KLSE second board, president and chief executive officer Datuk Seri Fumihiko Konishi said.

Texchem setting up aquaculture products plant in Myanmar

TEXCHEM Resources Bhd is setting up a manufacturing facility for I>surimi/I>, fishmeal and other aquaculture products in Myeik, Myanmar.

The weekend ahead

Some business events in the week ahead.

News in brief

News in brief on WCT Engineering, Faber Group, Nationwide Express, WCT Engineering, Global Soft, Eden, Texchem, KPJ, United Bintang and Rahman Hydraulic and Sateras.

Texchem to invest RM5mil in China facility

TEXCHEM Resources Bhd will spend RM5mil to upgrade its packaging manufacturing facility in Wuxi, China, this year.

More Puccini

After the recent staging of I>Tosca/I>, opera lovers can look forward to yet another anguish-driven work of Puccini's. Scheduled for December is a lavish production of I>Turandot/I>, reports CHRISTINA CHIN.

Losses by overseas firm pull down Texchem earnings

TEXCHEM Resources Bhd dipped into the red in the second quarter ended June 30, incurring a net loss of RM267,000 against a net profit of RM1.9mil in the corresponding quarter last year, despite a 20% rise in revenue to RM201.14mil.

IT a big boost for NST Logistics

NST Logistics Sdn Bhd, the result of a 1999 merger of four companies, is banking on information technology (IT) to become an integrated logistics player.