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KLSE - Main Board - Consumer Products

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C&C

2h1999- C&C Singapore ceased to be sole distributor of Mercedez Benz.

Choc

The Star 1/3/00 - Chocolate Products (M) Bhd has reported a pre-tax profit of RM3.5mil for its half-year to Dec 31, 1999 against RM7.6mil previously. Loss per share was 4 sen against 1.2 sen previously.

CSM

The Star 11/3/00 - Airport, UDA and Litrak are included whereas CSM, Farlim and Pilecon are excluded as component stocks of KLSE CI.

F&N

Feb 00 - has its own portal to enhance efficiency.

FFM

The Star 4/3/00 - FFM Bhd achieved a group pre-tax profit of RM227.9mil, up a significant 227% from RM69.7mil the previous year. The company reported all-round improvements in its principal activities of flour milling, fee milling and edible oil refining, as well as better contributions from its associated companies.

Gadek

The Star 4/3/00 - Rating Agency of Malaysia Bhd (RAM) has put Hicom Holdings Bhd on ratings watch after the company announced plans to merge with its asscociates Gadek Bhd, Gadek Capital Bhd and Diversified Resources Bhd. To be placed under ratings watch are the BBB1 and P3 ratings on Hicom's RM950mil redeemable secured bonds and RM500mil Islamic note facility, RAM said in a statement. The rating agency said it would discuss the merger with Hicom and make an announcement when the full effects of the merger had been determined.

NST 15/2/00 - Credit Corporation Malaysia (owned by Gadek Capital, and Gadek) is the merger partner with anchor bank Hong Leong Bank Bhd.

Gemtech

The Star 9/3/00 - Gemtech Bhd a gold ornament and jewellery maker, sole the limelight yesterday when its share price hit limit-up twice. The counter surged RM3.00 to RM7.40. Net Edge Online Sdn Bhd has announced its mandatory general offer for Gemtech shares it did not already own following its acquisition of 45.5% stake from four shareholders. It was also rumoured that banker Tong Kooi Ong was planning an asset injection in the company following his takeover.

HL Ind

Feb 00 -employee shares option *

I-Bhd

The Star 4/3/00 - I-Bhd will be investing RM10mil in a soon-to-be-incorpared subsidiary which will be involved in manufacturing and sales of computer and computer-related peripherals. The company said in a statement that the investment would be generated from the proceeds of the disposal of its entire shares in Pensonic recently. Between Dec 12, 1999 and Feb 16, 2000, I-Bhd had disposed of its shares in Pensonic in the open market for RM12.7mil net cash. I-Bhd had on January 1998 acquired two million shares or 9.38% equity in second board listed Pensonic in the open market for RM9mil cash.

KFC

The Star 24/3/00 - KFC will invest RM21mil in 15 Kentucky Fired Chicken and 15 Pizza Hut outlets in Malaysia as part of annual expansion programme. The company has more than 300 KFC outlets and 71 Pizza Hut restaurants in the country. Pizza Hut's stuffed crust pizza launched last year had brought about a 60% incremental increase in sales to the group last year. KFC and Pizza Hut outlets contribute to about 60% of the toal KFC Holdings' group turnover. On news reports that Johor Tenggara Oil Palm was interested to buy a stake in KFC Holdings, president George Ting said the group was not aware of such a move.

The Star 2/3/00 - KFC Holdings (m) Bhd has appointed former attorney-general Tan Sri Abu Talib Othman and former Kedah Mentri Besar Tan Sri Osman Aroff as business and corporate advisers to the KFC group of companies.

(word of mouth) Feb00 - *

LHH

The Star 1/3/00 - Leong Hup Holdings Bhd has recorded a pre-tax profit of RM12.5mil for its third quarter ended Dec 31, 1999. Pre-tax profit improved by 172% from the second quarter and the cumulative pre-tax profit for the nine-month period was RM28.5mil. The company attributed the improvement to stable prices of chicken, eggs and feed prices.

MPI

Feb 00 - Minority stakes bought by foreigners at more than RM40 per share.

Nikko

The Star Jan 00 - Nikko, one of world's leading player in manufacturing of electronic toys, was interested in making MP3 walkman (device that downloads music via internet) in future.

Oriental

The Star 6/3/00 - EPS in 1999 is 61.5 sen from 1998's 45.5 sen. Up 35%. Forecasts by The Star/KL City Securiites Research for year 2000 and 2001 are 96.5 sen and 110.4 sen respectively. P/E ratio for 1998 is 19.6, 1999(E) 14.5, 2000 (F) 9.2 and 2001(F) 8.1.

Perlis

Perlis Quarterly Report Feb 00 - According to Perlis's consolidated results for the financial quarter ended 31st Dec 1999, basic earnings per share is negative 6.59 sen. The decrease in the Group profit was mainly due to the loss of RM110.405 million arising from the divestment of the Group's 26.09% equity in Shangri-La Hotels (Malaysia) Bhd to Shangri-La Asia Limited.

The Star 10/3/00 - Conglomerate Perlis Plantations Bhd is planning a shift of its business activities from low yielding investments to higher yielding ones. This may well include a move into the area of information technology, media or telecommunications, said managing director Ong Ie Cheong. While e-commerce/business was no longer an option but an inevitable area for the group, Ong stressed that Perlis Plantations would carefully consider the potential sectors and partners. The group, which is sitting on a hefty cash reserve of RM360mil, is open to joint-venture partnerships or taking on the role of a venture capitalist. Low yidling entertainment and retail operations may be disposed of in due course. Core business such as food, plantations and utilities will continue to play major role in Perlis Plantations' earnings. For utilities, Ong said the governemnt had earmarked billions for infrastructure development and it was "essential to get into these projects". Refering to Perlis Plantations' role in the Sungai Semenyih privatisation shceme via 55% subsidiary Chemquest Sdn Bhd he said the draft concessionary agreement was still with the authorities. "We are only a small shareholder in Abass (the consortium that has been awarded the 30-year concession).

The Star 4/3/00 - Perlis Plantations Bhd has achieved an improved pre-tax profit of RM369.5mil for its financial year ended Dec 31, 1999, despite a lower turnover of RM6.7bil. The comparative figures for 1998 were RM312.4mil and RM7.6bil respectively. The group attributed the better 1999 results mainly to a higher contribution of RM274.2mil from its food division as a result of favourable raw material prices and the stable exchange rate of the ringgit. Earnings per share rose to 52.4 from 30.0 sen before. See also the performance of its subsidiaries FFM and PPBOil.

Proton

The Star March 00 - Proton may be introducing two new car models.

The Star 6/3/00 - EPS in 1999(E) is 12.3 sen from 1998's 81.2 sen. Down 84%. Forecasts by The Star/KL City Securiites Research for year 2000 and 2001 are 26.9 sen and 55.4 sen respectively. P/E ratio for 1998 is 9.5, 1999(E) 62.6, 2000 (F) 28.6 and 2001(F) 13.9.

TV3 3/3/00 - procedural completion for Petronas' buying of some Proton's stakes.

T Chong

The Star 6/3/00 - EPS in 1999 is 21.0 sen from 1998's (1.2) sen. Forecasts by The Star/KL City Securiites Research for year 2000 and 2001 are 30.6 sen and 33.8 sen respectively. P/E ratio for 1998 is (143.4), 1999(E) 8.3, 2000 (F) 5.7 and 2001(F) 5.2.

The Star 2/3/00 - Tan Chong Motor Holdings Bhd has posted a pre-tax profit of RM309.43mil for the financial year ended Dec 31, 1999 compared to RM36.38mil a year earlier. Up 750%. The company said the yen's strength will have a direct impact on the group's results this year given its current inventory level.

UMW

The Star 6/3/00 - EPS in 1999 is 44.5 sen from 1998's (18.1) sen. Up 345.9%. Forecasts by The Star/KL City Securiites Research for year 2000 and 2001 are 62.3 sen and 68.3 sen respectively. P/E ratio for 1998 is 45.9, 1999(E) 19.6, 2000 (F) 13.3 and 2001(F) 12.2.

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