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Mentiga buying estate in Rompin for RM95mil
MENTIGA Corp Bhd is acquiring an oil palm estate in Rompin, Pahang, from the board of trustees of Yayasan Pahang for RM95mil.
Sweeter achievement in a challenging environment
Westport has, to date, shown tremendous growth patterns, since initiating operations in 1997. Judging by the huge expansion plans the volumes should surge even further.
Upbeat on Malakoff dividends
IF it is dividends you want,then take a lookat Malakoff Bhd.In mid-December 2002,Malakoff had announced a first and finaldividend of 22 sen per share for its financial year ended in August 2002.
Usains projects RM30mil in turnover
USAINS Holding Sdn Bhd, a specialist in multi-disciplinary projects and consultancy work from the public and private sectors, is projecting a turnover of about RM30mil for the 2003 fiscal year ending in December, up about RM6mil from RM24mil in 2002, according to its group managing director Prof Gan Ee-Kiang.
Kinabalu resorts to be under Sutera
SUTERA Harbour Resort, the premier lifestyle destination in Kota Kinabalu, recently expanded into nature and adventure tourism in Sabah with its appointment to manage Kinabalu Nature Resorts.
RM53mil Q2 profit for MK Land
MK Land Holdings Bhd has achieved a group pre-tax profit of RM52.9mil for the second quarter ended Dec 31, 2002 on the back of a revenue of RM215.7mil.
PPB plans RM275mil expansion
PPB Group Bhd, the flagship company of the Kuok family in Malaysia, will spend RM275mil this year to expand and enhance earnings growth.
Westport to upgrade capacity
KELANG Multi Terminal Sdn Bhd, the operator of Westport Malaysia, will commit US$200mil over the next three to four years for upgrading port capacity and efficiency in a move to facilitate changing trends in the shipping industry.
Boeing to provide upgrade of satellite ground facilities
THE Boeing Company, whose subsidiary Boeing Satellite Systems entered into a deal to sell a third satellite to Binariang Satellite Systems Sdn Bhd, will provide an upgrade to the MEASAT ground facilities on Pulau Langkawi, as well as training and launch support services.
Stable prices seen for Penang homes
REAL estate value for landed residential and high-rise properties on the island is expected to remain stable this year, according to Henry Butcher International Asset Consultants (Penang) senior vice-president Teoh Poh Huat.
