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Daily Archives: May 22nd, 2008

18. Telekom group Q1 net profit falls to RM519.7m

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptTelekom Malaysia Bhd’s group net profit for the first quarter ended March 31 fell 12.75% to RM519.71mil from RM595.71mil a year ago.
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5. Ibiden investing RM1bil in Penang

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptJapan-based printed circuit board maker Ibiden Co Ltd is investing RM1bil in the first phase of its new printed wiring board (PWB) plant in Penang Science Park.
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4. T. Rowe Price reduces AirAsia stake

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptUS-based T. Rowe Price Associates reduced its shareholding in AirAsia Bhd to 167.64 million shares after the disposal of 5.5 million shares on May 14.
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19. Tanjung Langsat Port issues RM385m debt notes

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptJohor Corporation Bhd’s unit Tanjung Langsat Port Sdn Bhd is issuing RM385mil nominal value Islamic debt notes to expand its port operations and repay its borrowings.
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12. Sunrise in talks to develop township

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptSunrise Bhd, which is known for its luxury high-rise projects in Mont’Kiara, is in talks with a landowner for the development of a township.
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11. Sunrise in talks to develop township

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptSunrise Bhd, which is known for its luxury high-rise projects in Mont’Kiara, is in talks with a landowner for the development of a township.
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10. Lion and Amsteel plan revamp

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptThe Lion Group announced yesterday that its companies, namely Lion Corporation Bhd (LCB) and Amsteel Corporation Bhd (ACB)/Amsteel Harta (L) Ltd, are proposing to undertake a corporate and debt restructuring scheme (CDRs) to address their respective de…
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9. Insurance deal for Touch ‘n’ Go users

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptTouch ‘n’ Go Sdn Bhd is offering motorists RM10,000 personal accident (PA) insurance and hospital reimbursement worth RM2,000 with any purchase of its Touch ‘n’ Go cards until year-end.
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20. CEO’s e-mail sets off furore

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptCountrywide Financial Corp chief executive Angelo Mozilo set off an online furore when he misdirected an e-mail characterising as “disgusting” the way a borrower pleaded for help from the largest US mortgage lender.
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16. MMC expanding core operations

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptMMC Corp Bhd, which recorded over RM1bil in pre-tax profit for the first time in the financial year ended Dec 31, 2007 (FY07), will continue to focus on its core businesses of transportation logistics, utilities and engineering construction to boost […]