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Business 04 Jan 2003 | 12:00 AM

Sin Heng Chan given 2 months to pick auditors

THE Securities Commission (SC) has given financially-troubled Sin Heng Chan (Malaya) Bhd two months to appoint investigative auditors to conduct an independent assessment of the company#8217;s previous losses.

Business 06 Jan 2003 | 12:00 AM

Unit trust sector positive on growth

EVEN though 2003 will be a challenging year for the unit trust industry in view of the global economic slowdown and depressed investment environment, many unit trust management companies are still optimistic that the industry will continue to grow this year.

Business 08 Jan 2003 | 12:00 AM

Prudential plans 2 unit trust funds

PRUDENTIAL Unit Trusts Bhd plans to launch two new funds of about RM500mil in size this year, said chief executive officer Mark Toh Chin Hian.

Business 10 Jan 2003 | 12:00 AM

Boustead sees full tenancy at new mall by year-end

BOUSTEAD Holdings Bhd expects shops at its flagship retail project, I>The Curve/I>, in Mutiara Damansara to be fully taken up by the end of this year, in good time for its grand opening in mid 2004, according to chairman Gen (R) Tan Sri Mohd Ghazali Che Mat.

Business 11 Jan 2003 | 12:00 AM

Trading play on cheap warrants

THE slick investor is unlikely to gravitate towards warrants of Tenggara Oil Bhd. On its valuations, the warrants are not particularly attractive.

Business 18 Jan 2003 | 12:00 AM

In pursuit of transparency

THIS is a tale of two press releases. The first came out on Dec 12 and it was from the Securities Commission (SC). The other was issued a month later by Raytheon Company, a defence and aerospace systems supplier listed on the New York Stock Exchange.

Business 20 Jan 2003 | 12:00 AM

Long Huat rapped for rules breach

The KLSE, in consultation with the Securities Commission (SC), has reprimanded Long Huat Group Bhd for breach of paragraphs 6.1 of Practice Note No 4/2001 (PN4) and 8.14 (3)(d) of the KLSE#039;s Listing Requirements.

Business 22 Jan 2003 | 12:00 AM

Marrybrown Asia outlets growing

MALAYSIA#146;S leading local fast-food firm Marrybrown Fried Chicken Sdn Bhd, which will be opening its first Marrybrown Family Restaurant in Colombo, Sri Lanka, in April, plans to open outlets in four other countries in two years.

Business 30 Jan 2003 | 12:00 AM

Celcom to appoint committee to address merger issues

CELCOM (Malaysia) Bhd will appoint a committee within 10 days to resolve outstanding issues raised by DeTeAsia Holding GmbH over the planned mer- ger between Celcom and the cellular arm of Telekom Malaysia Bhd, says Celcom chairman Datuk Dr Munir Majid.