Monday, November 21, 2011

20111121 1054 Malaysia Corporate Related News.

KPJ to build specialist hospital in Perlis
KPJ Healthcare, a leading private healthcare provider in Malaysia, is spreading its wings to build an eight-storey specialist centre in Pengkalan Asam, Perlis. Construction of Perlis Specialist Hospital, the first private specialist centre in the state, will begin in January, said Menteri Besar Datuk Seri Dr Md Isa Sabu at the ground breaking of phase one of the project costing RM30m. (Financial Daily)

KLK to invest RM700m in expansion
Oil palm plantation company Kuala Lumpur Kepong (KLK), with the help of the Performance Management and Delivery Unit (Pemandu), will pour RM700m into the expansion of its downstream oleochemicals operations. The company plans to add more oleochemical processing and research facilities, including a plant in Dumai, Sumatra, to its existing 13 plants in China, Indonesia, Malaysia, Switzerland, the Netherlands and Germany. (Malaysian Reserve)

DiGi forms tie-up to offer Gmail SMS
DiGi Telecommunication SB announced a strategic partnership with Google to offer Gmail Short Messaging Services (SMS) effective last Friday. DiGi was the first telecommunication company in Malaysia to offer the Gmail SMS service and the partnership was one of the many innovative ways DiGi was leveraging on to deliver its “Internet For All” promise, the company said in a statement. (Bernama)

Exxon Mobil: Gas, coal to stay as region’s main energy sources
Natural gas and coal will continue to be the main energy sources in South-East Asia, said Exxon Mobil Corporation. Senior energy advisor, corporate strategic planning department, David S. Reed said Malaysia would continue to see rising demand for electricity driven by the residential, commercial and industrial sectors, mainly for air conditioning. (Bernama)

Masterskill 3Q net profit slumps 78.8% to RM5.55m on lower enrolment
Masterskill Education Group Bhd (MEGB) net profit for the third quarter ended 30 Sept 30, 2011 fell 78.8% to RM5.6m from RM26.2m a year earlier, due mainly to lower student enrolment and higher overheads. MEGB said that its revenue for the quarter fell to RM61.2m from RM80.7m in 2010. Earnings per share fell to 1.00 sen from 9.00 sen a year earlier, while net assets per share stood at RM1.31. (Financial Daily)

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