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Daily Archives: May 21st, 2008

20. Last-minute reprieve for OCI

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptOCI Bhd, which was scheduled to be delisted on Thursday, won a last-minute reprieve from the regulator Bursa Malaysia Securities.
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15. KEC a new landmark and icon in Saudi Arabia

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptThe US$8bil Saudi Arabia Knowledge Economic City (KEC) in Medina will hold significance as a landmark and national icon for knowledge-based industry development in Saudi Arabia.
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11. Financial sector produces mixed results

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptThe results recently released by the financial sector have largely been mixed, with some missing estimates and others outperforming market forecasts (see table).
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10. SunPower to build solar cell fabrication plant in Malaysia

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptSunPower Corporation, a Silicon Valley-based manufacturer of high efficiency solar cells, solar panels and solar systems, plans to build its next solar cell fabrication plant in Malaysia.        
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9. Kulim’s takeover of Sindora hits a snag

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptKulim (Malaysia) Bhd’s planned takeover of the remaining 28.96%, or 27.81 million Sindora Bhd shares for RM47.83mil, suffered a setback after the latter’s independent adviser, Affin Investment Bank Bhd, recommended that Sindora shareholders…
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8. Transmile defaults on payment for US$65m bonds

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptTransmile Group Bhd unit TGB (SPV) Ltd has defaulted in payment for its 1% Guaranteed Convertible Bonds due 2010 and issued by the company amounting to US$65.6mil.
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7. Green Packet swings into the red

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptGreen Packet Bhd swung into the red in the fist quarter ended March 31, 2008 with a net loss of RM2.73mil compared with a net profit of RM10.01mil a year ago.
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19. Oilcorp to amend accounts

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptOilcorp Bhd will be amending its annual audited accounts (AAA) for the year ended Dec 31, 2007, significantly reducing its net profits from RM22mil to RM7mil.
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15. MAHB to earn more from rental

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptMalaysia Airports Holdings Bhd (MAHB) expects to generate annual revenue of RM130mil from rental of retail space by 2010 once renovations at the satellite building at KL International Airport (KLIA) are completed.
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14. KEC a new landmark and icon in Saudi Arabia

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptThe US$8bil Saudi Arabia Knowledge Economic City (KEC) in Medina will hold significance as a landmark and national icon for knowledge-based industry development in Saudi Arabia.
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