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Saleh upbeat about DRB-HICOM prospects
OPTIMISTIC - that#039;s how group chairman Tan Sri Mohd Saleh Sulong feels about the DRB-HICOM Bhd group#039;s prospects this year.
KFCH to sell all non-core assets
KFC Holdings (M) Bhd (KFCH) will be selling its non-core, non-related assets including Wisma KFC,as part of its efforts to streamline operations to remain focused, said managing director Johari Abdul Ghani.
Versus the CI
Izwan Idris and Pauline S.C. Ng write on Johor Port, UAC, MBM Resources, Crest Petroleum and Sime Darby.
Stockwatch
Kathy Fong writes on Ta Enterprise, Park May, Kumpulan Guthrie, Celcom and Top Glove.
Valuable lessons from the Maruichi story
FOR a low profile, media-shy, but highly profitable steel pipes maker that was formed some 35 years ago, Maruichi Malaysia Steel Tube Bhd seems to have a knack in attracting attention and market gossip, not to mention controversy, in the past year.
Firmer and faster Road Builder
ROAD Builder (M) Holdings Bhd will be on a strong footing to become a leading infrastructure group in the region after the completion of its corporate streamlining exercise next year, its executive vice-chairman Tan Sri Chua Hock Chin said. The move to unlock value from the group's property assets, Seremban 2 and Shah Alam 2, held by its 70%-owned RB Land Sdn Bhd to associate Econstates Bhd is expected to be completed in the April-June quarter.
SunCon to be taken private
SUNWAY Holdings Incorporated Bhd (SunInc) plans to take its 63%-owned unit Sunway Construction Bhd (SunCon) private in a cash-and-share deal worth RM221.2mil.
SIB targets RM1.43mil profit for 2006
SUNWAY Infrastructure Bhd (SIB), which is en route to a KLSE main board listing in the middle of this month, expects to turn in its maiden profit by 2006 with pre-tax earnings of RM1.43mil.
Telekom and Celcom top brass in show of unity
THE chairmen and chief executives of Telekom Malaysia Bhd and Celcom (M) Bhd, in a joint press conference yesterday, denied there was a rift between them and disagreement over the re-listing of Celcom, contrary to some recent media reports.
UOL plans to unlock value for shareholders
Singapore's United Overseas Land Ltd, a takeover target, said it plans to look into ways to unlock value for its shareholders, even as an offer to buy a stake in it remains on the table until Friday.
