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OPTIMISTIC - that#039;s how group chairman Tan Sri Mohd Saleh Sulong feels about the DRB-HICOM Bhd group#039;s prospects this year.
MENTIGA Corp Bhd is acquiring an oil palm estate in Rompin, Pahang, from the board of trustees of Yayasan Pahang for RM95mil.
Banks in Malaysia are in for a challenging year. In its recent 2003 market Outlook Strategy report, RHB Research Institute maintains a neutral weighting on the sector and has forecast an anaemic 9 per cent growth in net banking profits for financial year 2003. The research house gives its outlook on the sector.
The recent restructuring scheme is expected to bear fruit as the new company would have a steady flow of income from PSC Asset Holdings' 21-storey, Menara PSCI in Penang.
INFRASTRUCTURE and manufacturing will be the twin engines of growth for Eden Enterprises (M) Bhd and position the company on a strong financial footing for the 2003 financial year.
CHEW Fatt Seet and Leong Yok Kin, executive director and managing director of Online One Sdn Bhd, respectively, are known for their easygoing and simple personality. But do not let their style fool you.
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.
News in brief on Lityan Holdings and Sarawak Oil Palm.
LAST year the number of sundry provision stores continued to decline, a trend that began in 2000, and which has led to a cumulative decline of 13.6% or 4,400 outlets in peninsular Malaysia.