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'3 parties in talks to take over Luster'
KUALA LUMPUR: Three parties that have placed a bid to take over the Kuala Kedah Jetty is believed to be in talks to gain control of Luster Industries Bhd, say sources.Proton needs to ignite interest
TURNAROUND: Carmaker must launch new model to boost brand and market share, say industry observersSarawak Oil Palms rides out global storm
BETTER MARGINS: The 2013 change inof palm oil tax structure gave breathing space to refiners in Malaysia. Sarawak Oil Palms Bhd’s recent downstream venture turned the corner and is now running at full capacity. Ooi Tee Ching writes
- INDUSTRIES
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AUTO/TRANSPORT
Nasim opens 3S centre in Kedah
ON TRACK: Peugeot marque distributor confident of hitting 8,000-unit sales target
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BANKING/FINANCE
Record RM236m Muamalat pre-tax profit
KUALA LUMPUR: Bank Muamalat Malaysia Bhd has posted a record pre-tax profit of RM236 million for the financial year ended March 2013.
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BRANDING
Bata Malaysia reopens Leisure Mall outlet
KUALA LUMPUR: Bata Malaysia reopened its Bata Store at the Leisure Mall in Cheras, here, on Wednesday.
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BROKERS/VIEW
Kenanga maintains 'market perform' call on Sime Darby
KUALA LUMPUR: Kenanga Research has maintained its "market perform" call on Sime Darby Bhd despite its weaker third quarter performance.
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COMMODITIES
'Crude oil to remain stable'
KUALA LUMPUR: Crude oil price is expected to remain stable, probably hovering around US$115 (RM359.7) a barrel in the second half of this year, said Credit Suisse oil and gas equity research global co-head David Hewitt.
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FRANCHISING
Red Mango eyes 15 outlets by 2018
KUALA LUMPUR: Original Red Mango Sdn Bhd, the master licensee of South Korean low-fat frozen yogurt Red Mango, targets to open 15 outlets in Malaysia by 2018.
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INSURANCE
Zurich eyes bigger slice of travel insurance market
POTENTIAL GROWTH: It targets RM10m premium for its two newly-launched products over the next five years
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LOGISTICS
Maersk unveils world's biggest container ship
BEHEMOTHS: Mega vessels set to help company get closer to profitability on Asia-Europe routes
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PROPERTY
Nadayu plans RM800m projects in Klang Valley, Penang
KUALA LUMPUR: Nadayu Properties Bhd aims to launch three projects worth over RM800 million in the Klang Valley and Penang within six to 10 months to grow the group and build its brand.
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RETAILING
Retailers at KLIA, LCCT chalk up RM1.3b in sales
BRIGHTER OUTLOOK: MAHB targets double-digit growth of between 10 and 15 per cent this year
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SMEs
TM's new solution to empower SMEs
PETALING JAYA: Telekom Malaysia Bhd's (TM) new Hospitality Enter-tainment Solution is expected to contribute positively to the growth of small and medium enterprises (SMEs).
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AUTO/TRANSPORT
- IPOWATCH
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Leon Fuat set to raise RM35.6m
KUALA LUMPUR: Steel trading and processing company, Leon Fuat Bhd, is poised to raise RM35.6 million from its initial public offering (IPO).
