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Business 01 Jan 2003 | 12:00 AM Premium

IJM plans to list plantation unit

IJM Corp Bhd expects to list its wholly-owned subsidiary IJM Plantations Bhd (IJMP) in three months, the timeframe usually taken by the courts to grant approval for a capital reduction exercise.

Business 04 Jan 2003 | 12:00 AM Premium

POSCO Q4 operating profit more than doubles

POSCO Co, the world#8217;s second largest steel maker, has seen its fourth-quarter earnings more than double from a year earlier on the back of higher product prices.

Business 04 Jan 2003 | 12:00 AM Premium

CIMB posts RM39.3mil Q3 profit

CIMB Bhd, which will be listed on the KLSE main board on Jan 8, has reported a lower pre-tax profit of RM39.3mil for its third quarter ended Sept 30, 2002, down 35% from RM61mil in the same period the year before.

Business 04 Jan 2003 | 12:00 AM Premium

Versus the CI

Izwan Idris writes on Jaya Jusco, Teck Guan, Pharmaniaga, HeiTech and RHB Capital.

Business 06 Jan 2003 | 12:00 AM Premium

High level of security to protect prized fishes at Xian Leng farms

FIRST timers to Xian Leng Holdings Bhd#039;s ornamental fish farm in Batu Pahat may be awed by its high level of security with a watch tower, closed circuit TVs and double perimeter fences.

Business 06 Jan 2003 | 12:00 AM Premium

CI likely to head south in Q1

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

Business 08 Jan 2003 | 12:00 AM Premium

ST Engineering 2002 net profit down 3%

Singapore Technologies Engineering Ltd, South-East Asia#146;s largest defence contractor, posted yesterday its first drop in annual profit since 1997 on weakness in its aerospace and marine divisions, and warned of similar earnings next year.

Business 10 Jan 2003 | 12:00 AM Premium

Electrolux targets to sell 300 robotic vacuum cleaners

SWEDISH home appliances manufacturer Electrolux S.E.A. Pte Ltd expects to create ripples in the local vacuum cleaner market with the launch of I>Tribolite/I>, a robotic vacuum cleaner, and expects 300 I>Tribolite/Iunits snapped up in the next six to eight months.

Business 10 Jan 2003 | 12:00 AM Premium

Khazanah raises Renong stake to 49%

GOVERNMENT investment arm Khazanah Nasional Bhd has bought RM400mil of new stock in Renong Bhd to keep it afloat after failing to find other buyers.