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Versus the CI
P.W. Thong writes on Public Bank, Phrmaniaga, Pacificmas, Telekom and PPB Group.
Jerneh CEO’s contract expires 2004
RALPH Liew is a contented man. After 28 years in the insurance business, the chief executive officer of Jerneh Insurance Bhd is more than happy to let go his position when his contract ends next year.
SCMP Group interim profit down 62% on SARS
The SCMP Group, the publisher of Hong Kong's I>South China Morning Post /I>newspaper, posted yesterday a 62% drop in interim profit on SARS outbreak and warned of an uncertain outlook amid a battered local economy.
Kuok buys 47% of Lonsum of Indonesia
Malaysian businessman Tan Sri Robert Kuok Hock-Nien has acquired a 47.23% stake in PT Pan London Sumatera Plantation (Lonsum), I>Bisnis Indonesia/Ireported, citing an unnamed source.
Stockwatch
Yvonne Chong writes on Petra Perdana, Atis Corp, Global Soft, TSR Capital and Maybulk.
Maybulk to shine with high bulker rate
SHIPPING company Malaysian Bulk Carriers Bhd's (Maybulk) forward earnings are expected to see upward surprises, propelled by record high freight rates.
Five M’sians make the Forbes rich list
FIVE Malaysian billionaires have made it to I>Forbes/I18th annual list of the world's richest people. Tan Sri Tiong Hiew King, 68, of Rimbunan Hijau Group, joins familiar faces Sugar King Robert Kuok, Ananda Krishnan, Lim Goh Tong and Quek Leng Chan in the latest list.
PPB Group upbeat on outlook for earnings
THE improving economic environment and strong commodity prices are expected to help fuel the earnings growth of PPB Group Bhd, which has posted record pre-tax profits for the past two years.
Kuok buys controlling stake in Transmile
TYCOON Robert Kuok has bought a controlling interest in Transmile Group Bhd via an off-market deal. Sources said a company owned by the Kuok family bought 45.2 million shares or 28.5% of the air transport services firm Thursday.
Transmile flying high with Robert Kuok as major shareholder
GROWTH prospects for Transmile Group Bhd has brightened with the emergence of tycoon Robert Kuok as its single largest shareholder.