Business Times (Malaysia) articles from February 2012

Business Times (Malaysia) archives from February 2012

Mah Sing notches RM2.26b property sales for last year.
February 29, 2012... KUALA LUMPUR: Lifestyle developer Mah Sing Group Bhd has reported a RM168.6 million net profit on the back of RM1.6 billion revenue for its financial year 2011. This represents 43 per cent and 41 per cent increases respectively against the...

WellCall keen to grow oil and gas operations.
February 29, 2012... Byline: Zurinna Raja Adam KUALA LUMPUR: Industrial rubber hose maker WellCall Holdings Bhd is keen to grow its oil and gas sector to cater to the growing demand and get better margin. Wellcall executive director Alex Chew said the oil and...

Business licensing cost to be slashed soon.
February 28, 2012... Byline: Rupa Damodaran KUALA LUMPUR: Business licence compliance costs in Malaysia will be reduced by more than half by June following a joint review by the government and private sector. Chief Secretary to the Government Tan Sri Mohd...

Khairy to be appointed PUNB chairman.
February 28, 2012... Byline: June Ramlee KUALA LUMPUR: UMNO Youth chief Khairy Jamaluddin will be appointed as the new chairman of the Perbadanan Usahawan Nasional Bhd (PUNB), an entity entrusted to develop Bumiputera entrepreneurs in strategic and high potential...

Boustead's full-year after-tax profit rises to RM732m.(Financial report)
February 28, 2012... KUALA LUMPUR: Boustead Holdings Bhd ended the year with a 60 per cent jump in its profit after tax (PAT), recording RM230.1 million in the final quarter of the year ended December 31, 2011, compared with RM144.3 million in the preceding quarter....

Hong Leong Q2 earnings up 30pc.(Financial report)
February 28, 2012... Byline: Zurinna Raja Adam KUALA LUMPUR: Hong Leong Bank earnings rose 30 per cent to RM381 million in the second quarter ended December 31, 2011, which reflects the consolidated strength of the merged bank. During the same period last...

EON launches leasing services.
February 28, 2012... Byline: Kamarul Yunus KUALA LUMPUR: VEHICLE distributor Edaran Otomobil Nasional Bhd (EON) has launched "My Lease", a new leasing and fleet management services that it hopes can be a solution to the new lending guidelines woes for car buyers....

Brahim's records 11.3pc jump in revenue.
February 28, 2012... KUALA LUMPUR: Brahim's Holdings Bhd (BHB) recorded a 11.3 per cent jump in group revenue to RM184.5 million for the year ended 31 December 2011 compared with RM165.8 million in the previous financial year. Profit before tax increased 19.9 per...

Carlsberg mulls price hikes.
February 28, 2012... Byline: Ooi Tee Ching KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd, faced with costlier raw materials like malt and aluminium packaging, is mulling price hikes in its beer range as early as the next quarter. "The rising input cost of...

Petronas Chem 9-month revenue rises to RM11.9b.
February 28, 2012... KUALA LUMPUR: PETRONAS Chemicals Group Bhd (PCG), the petrochemicals arms of Petroliam Nasional Bhd (Petronas) registered a 16 per cent growth in revenue at RM11.9 billion for the nine-month period of its financial year ended December 31 2011....

Kurnia Asia records RM48m net.
February 28, 2012... KUALA LUMPUR: Kurnia Asia Bhd (KAB) posted a net profit of RM48 million for the financial year ended December 31 2011, an increase of more than two-fold from the previous RM15 million. Revenue rose to RM1.161 billion from RM 1.096 billion. ...

Dommal plans RM15m expansion.
February 28, 2012... DOMMAL Food Services Sdn Bhd, the master franchise holder of Domino's Pizza in Malaysia, expects to invest about RM15 million this year to expand its pizza operations throughout the country. Dommal Food Services chief operating officer Ba U...

Pakistanis keen on tie-ups.
February 28, 2012... Byline: Rupa Damodaran KUALA LUMPUR: Malaysia has a significant presence in Pakistan's energy and infrastructure sectors and can expand in the same manner in its agriculture sector, say Pakistani government officials. Malaysia's...

Medical tourism in the pink of health.
February 27, 2012... Byline: Vasantha Ganesan KUALA LUMPUR: MEDICAL tourism in Malaysia hit record levels in 2011 and is on track to achieve yet another year of healthy numbers in 2012. Receipts from foreign patients spending on medical treatment in Malaysia...

Vincent Tan to relist 7-Eleven, MOL to raise RM600m.
February 27, 2012... Byline: Sharen Kaur KUALA LUMPUR: Berjaya Group founder Tan Sri Vincent Tan will relist 7-Eleven Malaysia Bhd and its MOL Internet business next year to raise more than RM600 million combined. Tan said he may relist MOL Global Bhd in...

Bursa likely to consolidate further.
February 27, 2012... Byline: Adeline Paul Raj THE stock market is expected to consolidate further this week on a lack of fresh leads at home to drive interest. "In the near term, the market will be held hostage to external developments. If there are no adverse...

Shoddy service puts businesses on the line, thanks to social media.
February 27, 2012... Byline: Adeline Paul Raj THAT customer service in Malaysia leaves much to be desired isn't exactly news to the average Malaysian. Strangely, while we all know this, most of us have done little to speak out for better service, coming to...

Tan pledges RM600m to charity.
February 27, 2012... Byline: Sharen Kaur KUALA LUMPUR: Tan Sri Vincent Tan Chee Yioun, founder and controlling shareholder of Berjaya Corp Bhd (BCorp), has pledged to donate around RM600 million for philanthropy. Tan - who has decided to retire from an active...

Focus on productivity spurs ISS Facility growth.
February 27, 2012... KUALA LUMPUR: Facilities management company ISS Facility Services Sdn Bhd said efforts to improve productivity within the company has brought strong positive growth. Managing director Simon Lim said over the past four years, ISS Malaysia has...

Joint venture to build E-AT plant in Seremban.
February 27, 2012... Byline: Kamarul Yunus KUALA LUMPUR: Akashi-Kikai Malaysia, a joint-venture firm set up by Daihatsu Motor Co Ltd with its subsidiaries Akashi-Kikai Industry Co Ltd of Japan and Perusahaan Otomobil Kedua Sdn Bhd (Perodua), will build an...

Car dealers remain concerned.
February 27, 2012... KUALA LUMPUR: AUTOMOTIVE players are apparently not happy with the outcome of their dialogue with Bank Negara Malaysia last Friday to help resolve issues related to the new lending guidelines. After the nearly two-hour meeting, Bank Negara...

Exports to pick up in the second half.
February 27, 2012... Byline: Rupa Damodaran KUALA LUMPUR: MALAYSIAN exports are likely to see a lift in growth in the second half of the year, said the national trade promotion agency Malaysia External Trade Development Corp (Matrade). Improvements can be...

VW rolls out the Sharan.
February 27, 2012... KUALA LUMPUR: Volkswagen Group Malaysia Sdn Bhd (VGM), the local distributor of Volkswagen cars, has added a new model vehicle to its growing line-up in the country, the Volkswagen Sharan. VGM managing director Ricky Tay said with over...

Agency to focus on 'iconic' events.
February 27, 2012... KUALA LUMPUR: Exporters are going to find it challenging given the expected slowdown in global trade volume in 2012, but the trade promotion agency will focus on iconic events which will have a "lasting" impact on Malaysian brands. The...

StanChart unfazed by Bank Negara's new guidelines.
February 27, 2012... Byline: Hamisah Hamid KOTA KINABALU: Bank Negara Malaysia's latest guidelines on responsible financing may affect financial institutions' retail loan growth, but StanChart Malaysia is unfazed. StanChart senior officials said the bank will...

Saadiq Malaysia aims to contribute more to group.
February 27, 2012... Byline: Hamisah Hamid KOTA KINABALU: STANDARD Chartered Saadiq Bhd (Saadiq Malaysia) aims to grow its contribution to Standard Chartered Bank Bhd (StanChart Malaysia)'s business from the current 13 per cent to 20 per cent. StanChart...

Istanbul chamber to help Malaysians invest in Turkey.
February 27, 2012... KUALA LUMPUR: The Istanbul Chamber of Commerce (ICOC), the world's fifth largest chamber of commerce, will be a perfect gateway for Malaysian businessmen and investors to venture into Turkey. ICOC chairman Dr Murat Yalcintas said it can also...

SAM makes its mark in aviation.
February 27, 2012... Byline: Marina Emmanuel GEORGE TOWN: DURING the recently-concluded 12th edition of the Singapore Air Show at the Changi Air Base, the event's clear star was Boeing's much-delayed 787 (dubbed by many as the 7-late-7). It was flown in for...

Bursa to remain in consolidation.
February 27, 2012... Byline: Kaladher Govindan BURSA Malaysia was stuck in profit-taking consolidation mode for a second week, as blue chips swung between gains and losses after Greece secured a second bailout package, and conflicting economic data coming out...

Poh Kong shines as Bursa trades sideways.
February 27, 2012... Byline: S.N. Lock SHARE prices on Bursa Malaysia managed to maintain their technical composure last week with heavyweights remaining relatively firm. However, many lower liners that had chalked up gains recently slipped into consolidation. ...

Deepak returns to Envair.
February 27, 2012... Byline: Francis Fernandez KUALA LUMPUR: DEEPAK Jaikishan is having a second go at Envair Holding Bhd, barely three months after abruptly selling off his stake in the company. Deepak, a director in privately-held Carpet Raya Sdn Bhd, is now...

Blueberry weaves strong bond with customers.
February 27, 2012... Byline: Bilqis Bahari KUALA LUMPUR: Blueberry, a small yet simple fashion boutique, is perhaps the place to go for young fashionistas who want to top up on their apparel and accessories. Blueberry boutique manager Joe Chan Wei Ling said...

RM1.42b payout for TM shareholders.
February 25, 2012... Byline: Ooi Tee Ching KUALA LUMPUR: TELEKOM Malaysia Bhd (TM) proposed a capital repayment of 30 sen a share and dividend of 9.8 sen per share, making a total cash distribution of RM1.42 billion, or 39.8 sen per share, to its shareholders. ...

Be ready to March through a turbulent month.
February 25, 2012... Byline: Francis Fernandez BEWARE of March for it is poised to be a very turbulent month for equities, which have had an outstanding time so far this year. Since August last year, equity markets have been marching northwards, trampling the...

Record revenue for Petronas Dagangan.(Financial report)
February 25, 2012... KUALA LUMPUR: PETRONAS Dagangan Bhd (PDB) posted RM659.3 million net profit for the first nine months ended December 31 2011, up from RM646.15 million a year ago. Group revenue rose 32 per cent to an all-time high of RM22.27 billion, from...

DRB-HICOM Q3 profit slips on lower auto earnings.(Financial report)
February 25, 2012... KUALA LUMPUR: DRB-HICOM Bhd said its third quarter net profit fell 27.7 per cent to RM79.5 million from RM110.1 million a year ago as a result of reduced earnings from its automotive business. Revenue in the same period was up 3.4 per cent to...

MBM plans RM315m fund-raising.
February 25, 2012... KUALA LUMPUR: Car distributor and car parts manufacturer MBM Resources (M) Bhd is proposing a fund-raising exercise, the first since its listing in 1995, to raise up to RM315 million for its "aggressive" expansion. The group will undertake a...

Magna Prima upbeat on Aussie property project.
February 25, 2012... Byline: Bilqis Bahari LUCRATIVE VENTURE: Developer expects to gross A$50.3 million from The Istana MAGNA Prima Bhd (MPB) expects to record a gross profit of A$50.3 million (RM162.81 million) from its project in Australia. With a gross...

Dutch Lady Q4 net profit surges 162pc to RM28.37m.(Financial report)
February 25, 2012... KUALA LUMPUR: Dutch Lady Milk Industries Bhd, the country's leading dairy firm, saw its net profit grow 162 per cent to RM28.37 million in the fourth quarter to December 31 2011. For full year, its net profit rose to RM108.08 million from...

Standard Chartered expands Saadiq network.
February 25, 2012... Byline: Hamisah Hamid KOTA KINABALU: STANDARD Chartered Bank Malaysia (StanChart Malaysia) will spend more than RM7 million to open two "new generation" Saadiq branches this year. StanChart Malaysia has invested RM3.6 million in its first...

eBworx sees opportunity as banks implement Basel III.
February 25, 2012... KUALA LUMPUR: eBworx Bhd sees new growth areas in the mobile device area and the implementation of Basel III. The company is a technology solutions firm that provides software to banks for Internet banking and credit processing. eBworx...

Optimistic on Asia, Middle East markets.
February 25, 2012... Byline: Hamisah Hamid KOTA KINABALU: London-based international bank Standard Chartered plc (StanChart) is optimistic of growth outlook this year, especially in the emerging markets of Asia and the Middle East. StanChart has no plan to...

Malaysia's Sahz to power up the world.
February 25, 2012... Byline: Rupa Damodaran KUALA LUMPUR: FOR home-grown Sahz Holdings Sdn Bhd, an initiative with a British university three years ago is now paying off. The company is poised to supply Malaysian-made super capacitors to help power up electric...

YTL Corp six-month net profit rises 10.4pc.(Financial report)
February 25, 2012... Byline: Roziana Hamsawi KUALA LUMPUR: YTL Corp Bhd has registered a net profit of RM489.2 million in the six months ended December 31 2011, up 10.4 per cent from the previous corresponding period. This was posted against a 10.8 per cent...

Multi-Purpose revenue down but pre-tax up.
February 25, 2012... KUALA LUMPUR: Multi-Purpose Holdings Bhd posted RM668.571 million in pre-tax profit for the financial year ended December 31 2011 against RM538.721 million pre-tax profit in the same period in 2010. Revenue, however, eased to RM3.536 billion...

Century remains a 'buy'.
February 25, 2012... KUALA LUMPUR: MIDF Amanah Investment Bank Bhd has maintained a "buy" call on Century Logistics Holdings Bhd, but it has lowered its earnings forecasts. Century's earnings forecasts for financial years 2012 and 2013 were cut by 10 per cent due...

Carlsberg posts RM37.8m net profit in Q4.(Financial report)
February 25, 2012... SHAH ALAM: Carlsberg Malaysia announced a group profit after tax of RM37.8 million, for the three months ended December 31 2011, an improvement of 22.8 per cent over the figure in the corresponding quarter of the previous year. Revenue of...

Mild rebound in narrow trading.
February 25, 2012... Byline: S.N. Lock FOLLOW-THROUGH consolidations on Bursa Malaysia saw share prices fluctuating within tight trading ranges over the last five trading days. The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI) staged a very mild...

Pahang sees tourism as one of its growth pillars.
February 25, 2012... Byline: Zurinna Raja Adam KUALA LUMPUR: THE Pahang state government is looking at a gross domestic product (GDP) growth of 5.2 per cent this year, an improvement from last year, spurred among others by the expected positive growth in the...

Three steps to Felda Global listing.
February 25, 2012... Byline: Maizatul Ranai SEREMBAN: Three steps will be carried out to ensure the listing of Felda Global Ventures Holdings on Bursa Malaysia scheduled in May or June this year will proceed as planned. Deputy Minister in the Prime Minister's...

Maybank turns in record performance.
February 24, 2012... Byline: Adeline Paul Raj KUALA LUMPUR: TOP lender Malayan Banking Bhd (Maybank) posted a 20 per cent increase in net profit for the last financial year comprising just six months and announced a betterthan- expected final dividend. It was...

Tan quits as Berjaya Corp chairman, to keep key stake.
February 24, 2012... Byline: Goh Thean Eu KUALA LUMPUR: Tan Sri Vincent Tan, one of the country's most prominent tycoons, has quit as chairman of Berjaya Corp Bhd (BCorp), which he founded in the 1980s. Tan, who turned 60 yesterday, will remain as BCorp's...

SP Setia eyes RM60b in development value.
February 24, 2012... Byline: Kamarul Yunus KUALA LUMPUR: SP Setia Bhd, Malaysia's top property developer, is poised to hit a whopping RM60 billion in gross development value (GDV) this year. This would be helped by the launch of at least four big projects...

Axiata registers RM2.3b net profit.(Financial report)
February 24, 2012... Byline: Roziana Hamsawi KUALA LUMPUR: Axiata Group Bhd yesterday announced a net profit of RM2.3 billion for the year ended 2011, a 33 per cent increase from 2010, with its main contributor, Celcom Axiata Bhd, hitting the RM2 billion mark. ...

Media Prima dividend highest in industry.
February 24, 2012... Byline: Oou Tee Ching KUALA LUMPUR: MEDIA Prima Bhd will pay out 16 sen a share dividend for 2011, the biggest amount it has given to shareholders. "With a dividend yield of 4.6 per cent, you will find that it is better than putting money...

Sentoria shares end below offer price.
February 24, 2012... Byline: Rupinder Singh KUALA LUM-PUR: Shares of newly-listed Sentoria Group Bhd fell 9.77 per cent to 85 sen, on its debut on the Main Market of Bursa Malaysia yesterday. Despite being Bursa's first listing this year, the property stock...

Nestle (M) revenue rises 16.8pc.
February 24, 2012... PETALING JAYA : Nestle (Malaysia) Bhd posted a net profit of RM456.3 million for the year ended December 31 2011, against a revenue of RM4.7 billion. The increase of 16.8 per cent in revenue was driven by strong sales performance in both...

MAHB tender briefing dates.
February 24, 2012... KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has clarified that the tender briefing dates for the second KLIA2 retail outlet tender are on February 29 and March 6. The morning session briefing on both dates will be on food and beverage...

All private investors have equal access to incentives.
February 24, 2012... Byline: Rupa Damodaran KUALA LUMPUR: THE government does not discriminate in its incentives to boost private investments in the country, regardless of whether they are from foreign or domestic sources. All have equal access to the various...

Boustead Heavy net profit down.(Financial report)
February 24, 2012... KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) has posted a net profit of RM18 million for the financial year ended December 31 2011 against last year's profit of RM80 million. The lower profit was mainly due to costs incurred in...

T.A.G. to spend RM40m on expansion.
February 24, 2012... Byline: Zaidi Isham Ismail LINGGI: TWO-YEAR PLAN: Investment is for the upgrade of equipment, infrastructure and working capital SEAPORT services provider T.A.G. Marine Sdn Bhd plans to invest RM40 million over the next two years to buy new...

Gas Malaysia, Petronas sign new agreement.
February 24, 2012... KUALA LUMPUR: Gas Malaysia Bhd yesterday signed a new agreement with Petroliam Nasional Bhd (Petronas) to supply an equivalent of 492 million standard cubic feet per day (MMScfd) of natural gas. The 10-year contract will start from January 1...

No review of loan guidelines for now.
February 24, 2012... Byline: Goh Thean Eu KUALA LUMPUR: The new lending guidelines on hire purchase loans may not be reviewed or adjusted for now as the government needs more data before making any decision. Based on the Malaysian Automotive Association's...

Group bags RM5b Malakoff deal.
February 24, 2012... KUALA LUMPUR: MALAKOFF Corp Bhd has awarded a RM5 billion contract to build a power station in Johor to a consortium led by Alstom Power Systems SA. The consortium will help Malakoff build a new 1,000 megawatt (MW) coal-fired power plant,...

Building on foreign interest in properties.
February 23, 2012... Byline: Sharen Kaur KUALA LUMPUR: THE cooling property markets in China and Singapore should help attract foreign buyers to Malaysia, say industry players. China has tightened loans, restricted purchases of multiple properties and imposed...

Bank Islam may assume BIMB listing status.
February 23, 2012... Byline: Adeline Paul Raj KUALA LUMPUR: Bank Islam Malaysia Bhd, the country's oldest Islamic lender, may assume the listing status of its parent company BIMB Holdings Bhd, sources said. BIMB owns 51 per cent of Bank Islam, from which it...

Auto players to meet BNM.
February 23, 2012... Byline: Zuraimi Abdullah AUTOMOTIVE players will meet with Bank Negara Malaysia tomorrow to discuss the new lending rules that have caused a sharp drop in industry sales. The likes of Proton Holdings Bhd, Perusahaan Otomobil Kedua Sdn Bhd...

Analysts raise AFG share target.
February 23, 2012... KUALA LUMPUR: At least five research houses raised their target prices for Alliance Financial Group Bhd (AFG) after the country's smallest banking group posted slightly better-than-expected third quarter results. The group, which owns...

AirAsia earnings in Q4 plummet 56pc.(Financial report)
February 23, 2012... KUALA LUMPUR: Budget carrier, AirAsia Bhd said its fourth quarter earnings fell 56.4 per cent due to higher aircraft fuel expenses. Net profit for three months ended December 31 2011 was RM135.7 million, down from RM311.1 million a year...

MAHB to call for second KLIA2 retail outlet tender.
February 23, 2012... KUALA LUMPUR: MALAYSIA Airports Holdings Bhd (MAHB) will call for a second tender for the operations of retail, food and beverage (F&B) and services outlets at its new low-cost carrier terminal, KLIA2, from next week. The phase involves...

Hartalega records RM50.7mQ3 net earnings.
February 23, 2012... KUALA LUMPUR: Hartalega Holdings Bhd, a rubber glove maker, registered a flat growth in its third-quarter net profit, due partly to the increase in raw material prices and more competitive sales pricing. The company posted a net profit of...

Eversendai secures RM185m jobs.
February 23, 2012... KUALA LUMPUR: Eversendai Corp Bhd has secured contracts for projects in the Middle East and Malaysia, valued at RM185 million. The integrated structural steel turnkey contractor has been awarded a RM81 million job for the National Museum of...

IGB upbeat on G Residence take-up.
February 23, 2012... Byline: Ooi Tee Ching KUALA LUMPUR: IGB Corp Bhd expects its strategically-located G Residence condominiums to sell out by the end of the year . Jointly developed with SHL Consolidated Bhd on a 70:30 basis, G Residence is scheduled to be...

NZ seeks tie-ups in advanced food ventures.
February 23, 2012... Byline: Zurinna Raja Adam MALAYSIAN companies are invited to form partnership with their counterparts from New Zealand to develop advanced food products and tap the potential billion-dollar business. Developing advanced food products for...

Mudra Tropika's niche project.
February 23, 2012... Byline: Ben Tan JOHOR-based property developer Mudra Tropika Sdn Bhd is undertaking a niche RM30 million project to turn what was once an undeveloped enclave into an ultra-exclusive boutique residence area in the heart of Johor Baru. ...

'Malaysia must beef up fiscal reforms to balance its books'.
February 23, 2012... Byline: Rupa Damodaran KUALA LUMPUR: Malaysia must not go slow on its fiscal reforms to balance its books if it does not want to risk fiscal and debt position. Malaysia has run up fiscal deficits for 15 consecutive years and the public...

Takaful Ikhlas wins global awards.
February 23, 2012... KUALA LUMPUR: Takaful Ikhlas won two international awards and was honoured as the "Best Takaful Provider" from the Islamic Finance News 2011 and Euromoney magazine 2012. President and chief executive officer of Takaful Ikhlas Sdn Bhd Datuk...

BMMB opens 57th branch in Temerloh.
February 23, 2012... KUALA LUMPUR: Bank Muamalat Malaysia Bhd (BMMB) has opened its 57th branch in Temerloh, Pahang. This is part of its repositioning programme to upgrade and relocate its branches to strategic locations. Bank Muamalat chief executive officer...

Al Rajhi Bank records strong performance.
February 23, 2012... KUALA LUMPUR: AL RAJHI Bank, the world's largest Islamic banking group, has achieved highest net profit among Saudi banks. As of December 31 2011, the bank posted a net profit of 7,378 million riyals (RM5.95 billion), an increase of nine per...

Jan CPI rises by 2.7pc.
February 23, 2012... Byline: Rupa Damodaran KUALA LUMPUR: The Consumer Price Index (CPI) for January rose by 2.7 per cent, an indication of easing inflationary pressures in Malaysia. The pace of growth from 101.8 to 104.5 was within market expectations, which...

Asia Media eyes Main Market listing.
February 23, 2012... Byline: Francis Fernandez PUCHONG: ASIA Media Group Bhd, the country's largest transit-TV network operator, will seek regulatory approval to move to the Main Market of Bursa Malaysia. The ACE Market-listed company plans to do so by the...

'A good year for oil, gas industry'.
February 23, 2012... KUALA LUMPUR: The outlook of the world's oil and gas industry is expected to remain buoyant this year, said Acteon Group analyst Will Rowley. "Its (2012) going to be a good year. If you look at financial results of major operators and...

SMS BikePlus riding on Avanti's popularity.
February 23, 2012... Byline: Goh Thean Eu KUALA LUMPUR: SMS BikePlus Sdn Bhd, the sole distributor of Avanti bicycles and related products, believes Avanti bicycles will be well-received by potential customers, driven by growing public interest in cycling. "In...

Local stocks set for more rallies.
February 22, 2012... Byline: Goh Thean Eu KUALA LUMPUR: THE Malaysian capital market is expected to be stronger this year, partly driven by more initial public offerings (IPOs) attractive to foreign investors. The Hongkong and Shanghai Banking Corp Ltd (HSBC)...