Business Times (Malaysia) articles from April 2011

Business Times (Malaysia) archives from April 2011

DiGi to pay out 43 sen a share.
April 30, 2011... KUALA LUMPUR: DiGi.Com Bhd, the smallest of the country's three cellular line operators, said it plans to pay 43 sen a share tax-exempt dividend to its shareholders. In a statement to the stock exchange, DiGi said that the ex date for the...

Maybank now has 10 branches in Cambodia.
April 30, 2011... KUALA LUMPUR: Malayan Banking Bhd (Maybank) has expanded further in Cambodia with the opening of its 10th branch in Kampung Cham, a trading district with two million population. Maybank deputy president and head of global wholesale banking...

Nam Fatt, partner terminate contract.
April 30, 2011... NAM Fatt Corp Bhd said its agreement with Tan Sri Ta Kin Yan to help regularise the financial condition of the company has been terminated by mutual consent. They terminated the agreement because both parties could not agree on certain terms and...

Mah Sing completes purchase of land.
April 30, 2011... MAH Sing Group Bhd has completed the purchase of a 141,084 sq m prime freehold residential land in Cyberjaya from Cyberview Sdn Bhd and Setia Haruman Sdn Bhd for RM51.63 million. The purchase of the land was made through the company's...

Hong Leong Industries' second interim dividend.
April 30, 2011... HONG Leong Industries Bhd is paying a second interim dividend of 10.5 sen a share. The payment includes a 1.5 sen per share dividend minus tax and a 9 sen tax-exempt dividend. The ex date for the dividend payment is on May 13, while the...

AsiaEP pre-tax loss widens to RM33.07m.
April 30, 2011... ASIAEP Bhd suffered a widened pre-tax loss of RM33.07 million in the financial year ended February 28 from RM3.2 million previously. Revenue slipped to RM8.27 million from RM9.86 million, the company said in a filing to the stock exchange. It...

Pharmaniaga chairman resigns.
April 30, 2011... PHARMANIAGA Bhd announced the resignation of its chairman, Datuk Azman Yahya, effective yesterday. Azman is replaced by Tan Sri Lodin Wok Kamaruddin, with effect from the same day. Azman, 47, is the founder and group chief executive of Symphony...

Mild technical rebound.
April 30, 2011... Byline: S.N. Lock THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rebounded for the week ended yesterday. It stayed above its major psychological support of 1,500 points when it closed at 1,534.95 yesterday. The FBM KLCI...

EON Capital says yes to Hong Leong.
April 30, 2011... Byline: Adeline Paul Raj EON Capital Bhd (EONCap) has accepted a RM5.06 billion takeover offer from its larger rival Hong Leong Bank Bhd, a move that will create the country's fourth largest banking group by assets. It did this on...

Clickety clack, it can't be hacked.
April 30, 2011... Byline: Francis Fernandez FAREWELL to the typewriter, as Godrej & Boyce Manufacturing Co in India, the sole maker of manual typewriters, is selling its final 500 typewriters and will make no more. The first commercial typewriter was...

Phase one of plan to develop high-growth SMEs launched.
April 30, 2011... Byline: Rupa Damodaran PUTRAJAYA: The government has rolled out the first phase of the master plan for the small- and medium-sized enterprises (SMEs), to stimulate their productivity and innovation levels to match those of a high income...

Zeti: We'll only act to ensure orderly market.
April 30, 2011... Byline: Rupa Damodaran PUTRAJAYA: Bank Negara Malaysia will only intervene in the currency market to maintain orderly market conditions, said governor Tan Sri Dr Zeti Akhtar Aziz. "We do not intervene to affect the underlying trend of the...

MPHB: No plans to list Magnum.
April 30, 2011... Byline: Rupinder Singh KUALA LUMPUR: Multi-Purpose Holdings Bhd (MPHB) has no plans to list its betting unit, Magnum Holdings Sdn Bhd, and will continue to dispose of non-core assets under its rationalisation programme. "There are no plans...

AirAsia to reintroduce fuel surcharges starting Tuesday.
April 30, 2011... KUALA LUMPUR: The rising jet fuel price - which has exceeded US$140 (RM417.20) per barrel- has prompted low-cost carrier AirAsia Bhd to reintroduce fuel surcharges starting next Tuesday for all domestic and international routes. It said all...

Chinalco, GIIG to build aluminium smelter near Bintulu.
April 30, 2011... GULF International Investment Group Holdings Sdn Bhd (GIIG) has entered into a joint venture agreement with Aluminium Corporation of China (Chinalco) to build a US$1.6 billion (US$1 = RM2.97) aluminium smelting plant in Sarawak. GIIG is...

Sabah invites investors to tap oil & gas, palm oil sectors.
April 30, 2011... Byline: Joniston Bangkuai KOTA KINABALU: Sabah is keen to see more local and foreign investors tapping the vast business opportunities in its oil and gas as well as oil palm indutries. State Industrial Development Minister Datuk Raymond...

Ekuinas to invest up to RM600m this year.
April 30, 2011... Byline: Zaidi Isham Ismail PUTRAJAYA: Ekuiti Nasional Bhd (Ekuinas) will invest up to RM600 million in up to five companies in any of its six priority sectors this year to boost Bumiputera participation in the local economic pie. The six...

Ideal Jacobs expects RM8m from share sale.
April 30, 2011... Byline: Roziana Hamsawi FOREIGN-OWNED Ideal Jacobs (M) Corp Bhd, a manufacturer of industrial labels and name plates, will make its debut on Bursa Malaysia's ACE Market on May 18. Founded by an American, Andrew Jacobs, about six years ago,...

Price likely to stage short consolidation.
April 29, 2011... Byline: S.N. Lock SHARE prices on Bursa Malaysia continued on their rebound trends yesterday. Declining counters outpaced advancing counters by 381 to 360. The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rebounded from its...

Path cleared for EONCap takeover.
April 29, 2011... Byline: Adeline Paul Raj PENANG: The High Court yesterday dismissed a lawsuit aimed at preventing a RM5.06 billion takeover of lender EON Capital Bhd (EONCap) by bigger rival Hong Leong Bank Bhd. The move clears the path for the deal,...

Sime Motors sees rev-up in revenue.
April 29, 2011... Byline: Roziana Hamsawi SHAH ALAM: Sime Darby Motors says its revenue this time around may just surpass Sime Darby Bhd's plantation division, the first since the merger of the group in 2007. The automotive division expects to sell more...

China keen to expand investments in Malaysia.
April 29, 2011... Byline: Rupa Damodaran; Ooi Tee Ching KUALA LUMPUR: China, Malaysia's largest trading partner, is keen to play a bigger role in Malaysia development and is eyeing resource-rich Sarawak as one of its investment destinations. International...

PM pays tribute to Chinese business community.
April 29, 2011... KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak paid his tribute to the Chinese community over their role in the nation's development, saying their contribution was crucial to the nation's economy. "The jobs that you create, the money...

Tesco plans to open 6 more hypermarkets.
April 29, 2011... Byline: Kamarul Yunus KEPONG: Tesco Stores (Malaysia) Sdn Bhd (Tesco Malaysia) plans to open six new hypermarkets this year, with expected investment reaching at least RM480 million. Its chief executive officer Tjeerd Jegen said it would...

Booster for DNA Laboratories.
April 29, 2011... Byline: Cheryl Yvonne Achu BANGI: DNA Laboratories Sdn Bhd (DNA LAB), a healthcare biotechnology company, expects to double revenue to RM6 million this year, helped by a product that could detect cancer early. The product, a diagnostic kit...

More downgrades for Selangor water bonds?
April 29, 2011... Byline: Ooi Tee Ching KUALA LUMPUR: RAM Rating Services Bhd will further downgrade Selangor state water-related bonds if the impasse in the industry restructuring is not resolved by July 19 2011. "The next redemption is on July 19th. We...

Ramlan tipped to be new MNRB president, CEO.
April 29, 2011... Byline: Rupinder Singh KUALA LUMPUR: Datuk Ramlan Abdul Rashid, former chief executive officer (CEO) of MAA Assurance Bhd, has been tipped to be the new president and CEO of MNRB Holdings Bhd. MNRB is believed to have submitted Ramlan's...

No plan to retire bonds yet.
April 29, 2011... MALAYSIA Airports Holdings Bhd (MAHB) currently has no plan to pay its debt earlier although the ringgit is appreciating against the US dollar. Managing director Tan Sri Bashir Ahmad said the company needs to spend on airport buildings and...

MAHB aims to achieve RM1b profit before 2014.
April 29, 2011... Byline: Hamisah Hamid SEPANG: Malaysia Airports Holdings Bhd (MAHB) hopes to achieve the targeted RM3.2 billion revenue and RM1 billion profit earlier than 2014, based on its commercial activities and positive growth in the tourism sector. ...

CPO to stabilise between RM3,000-RM3,500 by Dec.
April 29, 2011... Byline: Zaidi Isham Ismail KUALA LUMPUR: Crude palm oil (CPO) prices, which have softened to RM3,300 a tonne currently, are expected to stabilise between RM3,000-RM3,500 a tonne by year-end due to strong crude oil price and steady global...

Silver Bird: No plans to raise prices.
April 29, 2011... Byline: June Ramlee SHAH ALAM: Silver Bird Group Bhd does not plan to reduce or increase prices of its bread for now amid rising flour production and material costs worldwide. Group managing director Datuk Jackson Tan Han Kook said it is...

Attempt by duo to restrain Putra Place transfer dismissed.
April 29, 2011... KUALA LUMPUR: Robert Ti and Indonesian Kornelis Kurniadi's legal attempt to restrain the transfer of Putra Place to OSK Trustees Bhd and to stop the latter from dealing with the asset has been dismissed. Last week, the two individuals...

Emivest inks sales and purchase pacts.
April 29, 2011... POULTRY firm Emivest Bhd yesterday said it had signed a sale of business agreement with Emerging Glory Sdn Bhd to set out terms and conditions of its proposed sale to the latter for some RM108 million. Emivest also sealed a memorandum of...

CIMB Islamic Bank raises RM250m.
April 29, 2011... CIMB Islamic Bank raises RM250m CIMB Group Holdings Bhd said its unit CIMB Islamic Bank Bhd has raised RM250 million from the issuance of a Tier 2 Junior Sukuk on April 21. The 10-year AA1-rated Junior Sukuk is callable at year five and priced...

Axis-REIT declares interim dividend.
April 29, 2011... AXIS Real Estate Investment Trust (Axis-REIT) will provide eDividend to its unitholders, starting May this year. It will be in time for the payment of the first interim income distribution for the quarter ended March 31 2011, which will be made...

Berjaya Land ends Automatrix deal.
April 29, 2011... BERJAYA Land Bhd (B-Land) says the share purchase agreement signed by its subsidiaries, Berjaya Vacation Club Bhd and Berjaya Vacation Club (Cayman) Ltd, with Auromatrix Hotels Private Ltd has been terminated with immediate effect. The...

Green agenda at Malaysia Europe Forum.
April 29, 2011... Byline: Presenna Nambiar KUALA LUMPUR: The third edition of the Malaysia Europe Forum (MEF) Spring Dialogue in Vienna, Austria, next month will see it go green. Themed "Malaysia: Your Green Economy Hub in Asean", the dialogue will feature...

Maxis encouraged by demand for tablet PCs.
April 29, 2011... Byline: Cheryl Yvonne Achu KUALA LUMPUR: Maxis Bhd, the country's biggest mobile operator, expects the new Motorola XOOM Wi-Fi tablet to achieve good sales, helped by rising demand for such devices. Maxis chief operating officer...

Metroplex in bid to block Putra Place sale.
April 28, 2011... Byline: Hamisah Hamid KUALA LUMPUR: Metroplex Bhd, the previous owner of Putra Place in Kuala Lumpur, is trying to block the sale of the property that houses The Mall shopping complex, Legend Hotel and an office tower through legal means. ...

UMW mulls energy venture.
April 28, 2011... Byline: Zaidi Isham Ismail SHAH ALAM: Conglomerate UMW Holdings Bhd, which has interests in the auto and oil and gas businesses, is mulling the possibility of entering the energy business as part of its long-term plan to diversify its...

GHL Systems expects to return to the black this year.
April 28, 2011... Byline: Rupa Damodaran PETALING JAYA: Payment solutions provider GHL Systems Bhd, which endured three straight years of losses, is confident that it will return to the black this year through its consolidation efforts. Executive chairman...

Pos Malaysia sale a paradigm shift.
April 28, 2011... Byline: Zuraimi Abdullah KUALA LUMPUR: Khazanah Nasional Bhd's recent sale of its entire stake in Pos Malaysia Bhd has charted a new route for major shareholders to either divest or pare down their stake in a business entity. The norm was...

TH Plantations upbeat on record earnings again.
April 28, 2011... Byline: Sharen Kaur TH Plantations Bhd (THP) aims to hit record earnings for the second straight year in 2011, driven by higher yields and higher crude palm oil prices. "We are upbeat that THP can achieve higher yields this year as we are...

Golden offer for Al Rajhi customers.
April 28, 2011... Byline: Presenna Nambiar KUALA LUMPUR: Al Rajhi Bank (Malaysia) plans to capitalise on the recent gold rush by offering its first gold product in Malaysia. Gold has been on the uptrend since breaking the US$1,500 (RM4,485)-an-ounce mark...

Gema Padu bond sale.
April 28, 2011... GEMA Padu Sdn Bhd, a privately held property developer, has raised some RM100 million from the sale of four-year Islamic bonds, which were guaranteed by bond insurer Danajamin Nasional Bhd. This is Danajamin's first guarantee to a non...

Forbes CEO meet.
April 28, 2011... MALAYSIA will host The Forbes Global CEO Conference in Kuala Lumpur on September 12-14 2011, for the second time. More than 35 business leaders and entrepreneurs have confirmed to speak at the event, which will examine how world leaders and...

KSL-Maxis deal.
April 28, 2011... KSL Properties Sdn Bhd has struck a deal where Maxis Bhd will become the exclusive broadband provider for its residential development in Johor. The high speed broadband Fibre-to-the-Home service will be available to residents of 602 units of...

U Mobile offers first-of-its-kind Internet package.
April 28, 2011... KUALA LUMPUR: U Mobile Sdn Bhd, a 3G mobile service operator, has launched a prepaid product that allows smartphone users to have unlimited Internet usage at a flat fee of RM28 a month. The product, known as Unlimited Mobile Internet (UMI),...

RM200m loan scheme to spur services sector.
April 28, 2011... Byline: Hamisah Hamid KUALA LUMPUR: The government has established a RM200 million soft loan scheme for companies and enterprises in the services sector to help spur growth in the sector and expand its contribution to the economy. Called...

Pernec expects profit to jump by 50pc.
April 28, 2011... Byline: Kamarul Yunus KUALA LUMPUR: Pernec Corp Bhd (Pernec), a subsidiary of Permodalan Nasional Bhd, is banking on its transformation of new business model to generate an income of at least RM1 billion annually by 2015. Its managing...

Power outage at Petronas refinery.
April 28, 2011... PETROLIAM Nasional Bhd says its refinery at Sungai Udang, Malacca, was shut down at 5.30pm on April 26 due to a power outage. It did not say how long the outage lasted but the complex is in the process of resuming operations. There was no...

Malaysia to take lead in heavy construction.
April 28, 2011... Byline: Audrey Dermawan TASEK GELUGOR: Malaysia will soon emerge as the global leader in tunnelling and heavy construction works following the setting up of MMC-Gamuda Joint Venture's construction training centre. The centre is set to...

Tanjung subsidiary wins RM15m deal.
April 28, 2011... TANJUNG Offshore Bhd's unit Tanjung Maintenance Services Sdn Bhd has won a RM15 million contract from Murphy Sarawak Oil Co Ltd to repair and maintain valves. The two-year deal runs from March 2011 to March 2014 with a renewal option for another...

Technodex to delay accounts submission.
April 28, 2011... TECHNODEX Bhd will delay submission of its annual audited financial statements to Bursa Malaysia due to changes in its board composition. The company is in the midst of compiling reports and expects to receive all the necessary documentations by...

Audit: Satang Jaya guilty of breaches.
April 28, 2011... SATANG Holdings Bhd's unit Satang Jaya Sdn Bhd has breached its duties and obligations in awarding work to sub-contractors, according to an investigative audit conducted by Pricewaterhouse-Coopers Advisory Services Sdn Bhd. "On a prima facie...

Pharmacy plans more Bumiputera participation.
April 28, 2011... Byline: Vasantha Ganesan LOCAL retail chain Constant Pharmacy wants to help Bumiputera pharmacists to venture into community pharmacies. "Less than 5 per cent of the business belongs to Bumiputeras," Constant Pharmacy's managing director...

Constant Pharmacy has big plans.
April 28, 2011... Byline: Vasantha Ganesan LITTLE-known local retail pharmacy Constant Pharmacy has mammoth growth plans and could very well emerge as the largest pharmaceutical chain in Malaysia within the next five years. It is planning to venture into...

Short rebound likely.
April 28, 2011... Byline: S.N. Lock SHARE prices on Bursa Malaysia continued to rebound further yesterday. Declining counters outpaced advancing counters by 454 to 320. The FTSE Bursa Malaysia Kuala Lumpur Composite Index rebounded from its intra-day low...

Announcement on Kulim.
April 28, 2011... Byline: June Ramlee KUALA LUMPUR: Johor Corp (JCorp) will make an "important" announcement pertaining to subsidiary Kulim (Malaysia) Bhd. Its chairman Kamaruzzaman Abu Kassim, however, did not provide details, including timing of the...

Production bump.
April 27, 2011... Byline: Zuraimi Abdullah; Roziana Hamsawi KUALA LUMPUR: Local distributors of Japanese makes may run out of cars to assemble or sell as early as June in the aftermath of the earthquake and tsunami in Japan. Industry insiders said the local...

Tricubes mum on Microsoft fee for myemail project.
April 27, 2011... Byline: Francis Fernandez KUALA LUMPUR: Tricubes Bhd, which is at the centre of the myemail Entry Point Project (EPP), is unable to disclose how much its main technology partner Microsoft Corp will receive for providing the platform to power...

Higher sales boost YHS' Q1 net profit.(Financial report)
April 27, 2011... Byline: Ooi Tee Ching PETALING JAYA: Yeo Hiap Seng (Malaysia) Bhd's (YHS) net profit for the first quarter ended March 2011 has increased to RM7.63 million from RM5.61 million recorded in the corresponding period last year, thanks to higher...

BNM nod for appointment of K&N Kenanga MD.
April 27, 2011... Byline: Adeline Paul Raj KUALA LUMPUR: Bank Negara Malaysia (BNM) has approved the appointment of Chay Wai Leong as group managing director of K&N Kenanga Holdings Bhd. Sources said BNM's approval letter was received by the investment...

Carlsberg: Beer prices to rise 3pc.
April 27, 2011... Byline: Adeline Paul Raj SUBANG JAYA: Beer prices in Malaysia will go up by about 3 per cent from May to reflect higher raw material costs, Carlsberg Brewery Malaysia Bhd says. "We are in the process of communicating a price increase to...

Drive to rev up Persona sales.
April 27, 2011... Byline: Roziana Hamsawi KUALA LUMPUR: Proton Holdings Bhd is banking on a new campaign to boost the sales of its Persona sedan. The five-month campaign, with the tagline "Better, Undoubtedly", saw the appointment of two new radio deejays...

Grand Central upbeat on more business from govt, companies.
April 27, 2011... Byline: Sharen Kaur KUALA LUMPUR: Hotel operator Grand Central Enterprises Bhd is upbeat it will do better this year, with more business from the government and corporate sectors. Last year, government agencies and corporate clients stayed...

Mydin sets aside RM208m for four new outlets.
April 27, 2011... Byline: Kamarul Yunus IPOH: Mydin Mohamed Holdings Bhd, the operator of Mydin hypermarket, has set aside some RM208 million to open four new outlets in the country this year. Managing director Datuk Ameer Ali Mydin said two of the outlets...

Enter Smart Sense, Ogawa's hero product.
April 27, 2011... Byline: Presenna Nambiar KUALA LUMPUR: Ogawa World Bhd has launched a new patented massage chair which the listed firm claims to be its "hero product" of the year. "We generally have about 20-25 product launches a year but the 'Ogawa Smart...

Sime, Zubir lawyers to meet again June 13.
April 27, 2011... KUALA LUMPUR: Lawyers for Sime Darby Bhd and ex-president and group chief executive officer Datuk Seri Ahmad Zubir Murshid and other parties have agreed to meet again on June 13 to resolve their legal dispute. Speaking to reporters in Kuala...

MIDF Amanah sees 6.1pc growth rate.
April 27, 2011... Byline: Kamarul Yunus IPOH: MIDF Amanah Investment Bank Bhd is projecting a growth rate of 6.1 per cent for Malaysia, on the back of stronger domestic demand. Its senior vice president and head of research Zulkifli Hamzah said high levels...

I&P to launch projects with RM2b GDV.
April 27, 2011... Byline: Hamisah Hamid KUALA LUMPUR: Property developer I&P Group Sdn Bhd will launch several projects in its existing townships in Klang Valley and Johor Baru this year with an estimated gross development value (GDV) of over RM2 billion....

Homes in more than 60 townships.
April 27, 2011... KUALA LUMPUR: I&P Group Sdn Bhd, a wholly-owned subsidiary of Permodalan Nasional Bhd, displayed its various property projects at the Minggu Saham Amanah Malaysia (MSAM) in Ipoh recently. Projects include those in the Klang Valley and...

Selangor Dredging buys RM31m plot.
April 27, 2011... SELANGOR Dredging Bhd is buying a plot of land in Hulu Langat, Selangor from Webcon Sdn Bhd for RM31 million. The land is currently charged to Affin Bank as security for a banking facility granted to Webcon, Selangor Dredging Berhad said in a...

Kencana HL lands RM208m contract.
April 27, 2011... KENCANA Petroleum Bhd says subsidiary Kencana HL Sdn Bhd has won a contract worth RM208 million for the fabrication of Kebabangan substructure for the Kebabangan Northern Hub Development project. The one-off contract was awarded by Kebabangan...

MEGB likely to stage short rebound.
April 27, 2011... Byline: S.N. Lock SHARE prices on Bursa Malaysia rebounded from their intra-day lows yesterday. Its declining counters outpaced its advancing counters by 458 to 287. The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rebounded...

Maju Assets upbeat on RM1.3b Sg Besi project.
April 27, 2011... Byline: Sharen Kaur MAJU Assets Sdn Bhd, the property arm of diversified Maju Holdings Sdn Bhd, is upbeat its RM1.3 billion mixed development in Sungai Besi, Kuala Lumpur will appeal to buyers. The project, called Infinity, is in planning...

Al Rajhi launches gold investment.
April 27, 2011... SAUDI Arabia's Al Rajhi Bank has come out with a new product, Al Rajhi Gold-i, to capture the rising demand for gold as an investment. The investment product, to be launched today, is targeted mainly at retail and corporate customers who want to...

Ringgit breaks barrier.
April 26, 2011... Byline: Presenna Nambiar KUALA LUMPUR: The ringgit broke the psychological RM3 barrier against the US dollar for the first time in 13 years, as currency traders bet an interest rate hike is in the offing. The ringgit opened against the US...

Asia Media: Main Market a good capital option.
April 26, 2011... Byline: Francis Fernandez KUALA LUMPUR: Asia Media Bhd plans to upgrade to Bursa Malaysia's Main Market to gain capital access that will allow it to spend up to RM500 million over 10 years, controlling stakeholder Datuk Ricky Wong Shee Kai...

Integrax wants to revive deal with Brazil's Vale.
April 26, 2011... Byline: Zurinna Raja Adam KUALA LUMPUR: Integrax Bhd wants to revive its transshipment deal with Brazil's Vale International SA, following the resignation of its director and chief executive officer (CEO) last week. Pending shareholders'...

UMW Toyota to invest RM1b to boost ops.
April 26, 2011... Byline: Rupa Damodaran SHAH ALAM: The country's largest non-national car distributor and assembler has started cutting its output and says it remains on course to roll out a new model next year. UMW Toyota Motor Sdn Bhd said it will invest...

Political crisis, disaster have limited impact on Asia: Credit Suisse.
April 26, 2011... Byline: Rupa Damodaran KUALA LUMPUR: Political crisis in North Africa and Japan's worst natural disaster will have limited impact on economies in Asia including Malaysia this year, says Credit Suisse. Its research analysts, in their second...

Vitrox bonus issue.
April 26, 2011... VITROX Corp Bhd was proposing a one-for-two bonus share issue, the company said in a statement to Bursa Malaysia yesterday. The bonus issue will increase its paid-up capital to 232.5 million shares from the current 155 million shares, Vitrox...

Equity funding to play bigger role in economy.
April 26, 2011... Byline: Kamarul Yunus IPOH: MIDF Amanah Investment Bank Bhd (MIDF Investment) foresees equity funding playing a bigger role in the development of the economy in the next 10 years. Its senior vice-president and head of research Zulkifli...