Tracoma bond issue to raise RM100m

TRACOMA Holdings Bhd is raising RM100 million from an Islamic bond issue, of which it will spend RM40 million to part-finance its car-assembly venture in Indonesia with Proton Holdings Bhd.

Tracoma to issue more bonds

TRACOMA Holdings Bhd expects to raise more funds from the bond market soon to support its regional and local expansion, executive director Mohd Shah Mohd Yusof said.

Wira, Gen.2 for Indon mkt

PT Proton Tracoma Motors (PTM), a joint venture vehicle between Proton Holdings Bhd and auto parts supplier Tracoma Holdings Bhd, will start assembling the Wira and GEN.2 models in February 2005 for the Indonesian market.

Ecofuture mahu tembusi pasaran baru di Asia Barat

ECOFUTURE (Ecofuture), pengeluar produk diperbuat daripada sisa sawit yang bakal disenaraikan di Pasaran Mesdaq Bursa Malaysia, merancang mengembangkan perniagaannya ke pasaran baru di Asia Barat tahun depan.

Ecofuture targets new marts

Its listing on the Mesdaq Market, is exploring for opportunities in the Middle East, Taiwan and Japan to market its oil palm biomass-based mats, says its chief executive officer Yeo Kim Luang.

Ecofuture targets fibrous mat at Mid-East market

FRESH from making inroads into China, Ecofuture Bhd is eyeing the Middle East as the next major market for its Ecomat, a fibrous mat made from oil palm residue for use in soil erosion prevention and in combating desert and sand storms.

Ecofuture to expand capacity, tap new marts

SOON-to-be-listed Ecofuture Bhd says it will further expand its business by increasing production capacity and tapping new international markets.

Ecofuture rancang luas pasaran ke Kuwait

KUALA LUMPUR 23 Nov. - Ecofuture Bhd. (Ecofuture), syarikat pemproses bahan-bahan buangan kelapa sawit, merancang untuk meluaskan pasarannya ke Kuwait.

Ecofuture, affin to sign underwriting deal

ECOFUTURE Bhd plans to sign an underwriting agreement with Affin Merchant Bank Bhd, one of Malaysia's smallest merchant banks, this week for its the former's proposed initial share offer (IPO) share sale exercise on the Malaysian Exchange of Securities and Automated Quoatation Bhd (Mesdaq) Market.

Ecofibre eyes deal from plus

PLUS Expressways Bhd, Malaysia's largest toll operator, is believed to have held base-level talks with Ecofibre Technology Sdn Bhd to provide soil erosion prevention services to the former.

Affin catat laba, zakat RM183 juta

AFFIN Holdings Bhd (Affin) mencatat keuntungan sebelum cukai dan zakat RM183.3 juta hasil perolehan berjumlah RM929.3 juta bagi separuh pertama tahun kewangannya yang berakhir 30 Jun lalu.

Tapping financial expertise

Extract from the interview with Affin Merchant Bank's Chief Operating Officer, Ali Aspar Amat Diron.

Big On Islamic Products

AFFIN Merchant Bank bagged the Top New Entrant award in RAM League Award 2004. In other words, "watch this space".

Adventa to use RM14.7m listing proceeds for expansion

Surgical glove producer Adventa Bhd will utilise RM14.7 million from its listing proceeds to expand its surgical glove manufacturing plant in Kelantan.

Adventa bekal sarung tangan bedah tentera AS

KUALA LUMPUR 14 Mei - Adventa Bhd. yang bakal disenaraikan di Papan Kedua, Bursa Malaysia bulan depan, telah berjaya meraih satu lagi kontrak membekalkan sarung tangan pembedahan untuk kegunaan hospital-hospital tentera di Amerika Syarikat (AS).

Adventa mahu hasilkan 22 juta pasang sarung tangan sebulan

ADVENTA Bhd (Adventa), pengeluar sarung tangan getah yang akan ke Papan Kedua Bursa Malaysia mahu meningkatkan pengeluaran produknya kepada 22 juta pasang sebulan menjelang akhir tahun ini bagi memenuhi keperluan permintaan.

Affin Merchant, HLG to underwrite Kulim rights issue

AFFIN Merchant Bank Bhd and HLG Securities Sdn Bhd will underwrite plantation company Kulim (M) Bhd's rights issue with warrants.

Ratings

RAM has reaffirmed AFFIN MERCHANT BANK BHD's general bank ratings at A3 and P1.

RAM reaffirms Affin Merchant’s ratings

RATING Agency Malaysia Bhd has reaffirmed Affin Merchant Bank Bhd's general bank ratings at A3 and P1.