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Daily Archives: May 13th, 2008

20. Malaysia’s industrial output up 3% on-year

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptMalaysia’s industrial production index (IPI) in March rose 3% on-year but it showed a decline compared with February’s 6.5% increase.
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19. Mudajaya to build hotel for Tune Hotels in Sepang

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptMudajaya Group Bhd has received a letter of intent from Tune Hotels Sdn Bhd to build a low-cost hotel near the low-cost carrier terminal in Sepang for RM15mil.
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10. KPS, JAKS, water-related stocks up in early trade

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptWater-related counters KPS, JAKS and Puncak Niaga were actively traded on Tuesday while overnight gains on Wall Street also boosted sentiment.
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8. Vistajet to invest RM192m in SkyPark Subang

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptA private jet company VistaJet plans to invest US$60mil (RM192mil) in SkyPark Subang under its plan to make Kuala Lumpur its regional base for Asia.
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17. Malaysia sticking with 3.% budget deficit target

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptMalaysia will stick with its 2008 Budget deficit target of 3.1% of gross domestic product despite the Government’s new pension plan and other anti-inflation measures to be announced soon.
Read the rest of this great post here

16. AMMB posts RM668m net profit for FY08

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptAMMB Holdings Bhd posted a sterling set of results for the financial year ended March 31, 2008 with net profit of RM668.54mil when compared with a net loss of RM282.45mil in the previous year, boosted by growth in net interest […]

20. US fund buys into Pelikan

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptA US-based fund Hayman Capital Master Fund LP has emerged as a substantial shareholder in Pelikan International Corp Bhd with a 5.47% stake.
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19. Zalam to go for affordable high-rise projects

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptZalam Corp Sdn Bhd will develop more affordable high-rise condominiums in prime locations in Kuala Lumpur, chairman Tan Sri Wong See Wah said.
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10. Vistajet to invest RM192m in SkyPark Subang

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptA private jet company VistaJet plans to invest US$60mil (RM192mil) in SkyPark Subang under its plan to make Kuala Lumpur its regional base for Asia.
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17. AmBank sees 23% return in AmAsia Star

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptThe AmBank Group, Malaysia’s fifth largest financial services group by assets, is targeting an annual average return of 13.5% to 23% for its newly launched RM200mil AmAsia Star closed-end three-year capital guaranteed investment-linked fund.
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