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Business 08 Jan 2003 | 12:00 AM

Baswell confident of hitting revenue target

RUBBERWOOD furniture maker Baswell Resources Bhd, which is en route to a listing on the KLSE second board, is confident of meeting its revenue target of RM64mil for its financial year ending Sept 30, 2003.

Business 08 Jan 2003 | 12:00 AM

SKP on track to profit target

KLSE second board candidate SKP Resources Bhd is on track to achieve RM12.1mil in pre-tax profit for the year ending March 31, 2003.

Business 15 Jan 2003 | 12:00 AM

Year's first two IPOs aim to rake in S$9.2m net

THE first two initial public offerings (IPOs) of the year in Singapore are looking to reap S$9.2mil in net proceeds for expansion, among other plans.

Business 16 Jan 2003 | 12:00 AM

4 pillars to propel growth for Eden

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.

Business 18 Jan 2003 | 12:00 AM

UBS launching 5 new products this year

UBS Corp Bhd, which expects to list on the Mesdaq market in March, plans to launch five new products this year, one of which will be mid-range software for medium-sized and large companies, said managing director How Teck Sang.

Business 22 Jan 2003 | 12:00 AM

BSA proposes bonus issue and private placement

BSA International Bhd, which is seeking a transfer of listing to the main board of the KLSE, has proposed a 1-for-2 bonus issue of 44 million new shares of 50 sen each and a private placement of up to 12 million new shares of 50 sen each, representing not more than 10% of the issued and paid up share capital of the company.

Business 22 Jan 2003 | 12:00 AM

EPF plans to invest RM130mil in IT to improve service

THE Employees Provident Fund (EPF) plans to invest about RM130mil in information technology (IT) over the next three years to provide better service to its 10.3 million members and 340,000 contributing employers, said deputy chief executive officer II Rusma Ibrahim.

Business 01 Feb 2003 | 12:00 AM

IPO – no longer the lottery it once was

There was a time when the surest and quickest way to make money in the share market was to get in at the initial public offering (IPOs) stage.

Business 15 Feb 2003 | 12:00 AM

Faster fund-raising process in the capital market next month

THE Securities Commission (SC) will implement next month the final phase of disclosure-based regulation (DBR), a move that will hasten the fund raising process in the capital market.

Business 22 Feb 2003 | 12:00 AM

Will RHB Sakura retain lead position?

EVER SINCE RHB Sakura Merchant Bankers Bhd was de-listed from the local stock exchange late last year and taken private, the bank has witnessed a host of management changes. It is a fresh new chapter for the merchant bank but one without two key people #150; former managing director George Ratilal and former owner Tan Sri Abdul Rashid Hussain.