Malaysia Sun
MalaysiaSun.com Friday 19th March 2010 Issue 8/078
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More women becoming aggressive behind the wheel
Women drivers are 'getting more aggressive' than men, a Malaysian expert said Thursday, adding 'the number of women involved in accidents is on the...


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Indian fire victim in Malaysia wanted to make more money for sister's wedding
Indian worker S. Sarathi, who died in a fire with three others last week in Malaysia, planned to return home to his village at the end of the month for his younger sister's...
Hindu temples in Malaysia urged to get Indian religious scholars
Hindu temples in Malaysia have been urged to appoint religious scholars from India so that they can give advice to the people who visit the places of...
Four Eon Cap Directors Quit
lengkuen@thestar.com.my PETALING JAYA: Four independent directors, including chairman Tan Sri Syed Anwar Jamalullail, have resigned from the board of EON Capital Bhd (EON Cap) which had earlier...
Dry Spell May Result In Lower Cpo Output
nem@thestar.com.my PETALING JAYA: The current El Nino dry spell, if prolonged until the middle of this year in major oil palm growing states in Malaysia, could result in lower-than-expected...
Tm Invests Rm1.9bil In Developing Hsbb
KUALA LUMPUR: Telekom Malaysia Bhd (TM) has spent about RM1.9bil and the Government some RM990mil to date in rolling out the high-speed broadband (HSBB), group chief executive officer Datuk...
Ho Hup Board Hasn’t Decided On Md’s Post
fintan@thestar.com.my PETALING JAYA: The newly appointed board at Ho Hup Construction Co Bhd has not decided on who will take up the post of managing director (MD), as the directors are focusing on...
Dnc Gets Ok To Make Bikes In Sri Lanka
NEW DELHI: The Board of Investment (BOI) of Sri Lanka has permitted DNC Asiatic Holdings Sdn Bhd to set up a production facility to produce motorcycles on the island. Under the US$16mil (RM56mil)...
Dnc Plans New Plant
jackwong@thestar.com.my KUCHING: DNC Asiatic Holdings Sdn Bhd will invest between RM25mil and RM27mil in a new plant on a 3ha site in Selangor to manufacture some components for its Demak...
Petra Perdana Gets Nod For Workboat Funding
PETALING JAYA: Petra Perdana Bhd said funding for a 169-crew workboat named Petra Sovereign has been approved. Executive director Shamsul Saad said in a statement the RM49mil financing would cover...
Guh Plans To Diversify
davidtan@thestar.com.my GEORGE TOWN: GUH Holdings Bhd plans to diversify into the healthcare, power generation and waste water treatment business this year and in 2011. It would bid for waste water...
Pidm Appoints Khairuddin Coo
PETALING JAYA: Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Md Khairuddin Arshad chief operating officer with immediate effect. The national deposit insurer said in a statement that he...
50% Takeup Rate For Booths
PETALING JAYA: MuslimsBIG 2010 – Business & Investment Gala, which will be held from June 4 to 6 in Kuala Lumpur, has achieved over 50% takeup rate for the 200 booths available....
Strategy To Prevent Systemic Failure
LAST time I discussed whether lack of board diversity was the cause of group-think and failure as a result. My view is that lack of diversity per se does not create group-think, though board dynamics...
Maybank Wins Regional Award
PETALING JAYA: Malayan Banking Bhd (Maybank) has been named Best Improved Retail Bank in Asia for 2009 at The Asian Banker Excellence in Retail Financial Services Awards Programme held in Shanghai...
Agro Bank Eyes 30% Profit Rise
edy@thestar.com.my KUALA LUMPUR: Agro Bank Malaysia, formerly known as Bank Pertanian Malaysia, aims to increase its net profit this year by 30% from RM178.41mil last year by opening more branches...
Good Start For Dma Equity
KUALA LUMPUR: RHB Investment Bank Bhd, the first local broker to offer investors to place buy and sell orders directly on Bursa Malaysia via its Direct Market Access gateway for the equities market...
M’sia Can Tap On Hk To Promote Islamic Finance
KUALA LUMPUR: Malaysia can leverage on Hong Kong’s strong financial platform to promote greater interest in Islamic financing, especially in the republic and mainland China, said Hong Kong...
Sp Setia Q1 Profit Rises 22%
PETALING JAYA: SP Setia Bhd posted a 22% rise in net profit to RM38.2mil for the first quarter ended Jan 31 against RM31.2mil in the previous corresponding period. In a statement to Bursa Malaysia...
Stockbroking Ops Boost Ta Earnings In Q4
PETALING JAYA: TA Enterprise Bhd posted a net profit of RM12.45mil for its fourth quarter ended Jan 31 on higher contributions from its stockbroking division and newly acquired hotel properties. The...
Mtd Cap Signs Land Lease Deal In Philippines
PETALING JAYA: MTD Capital Bhd, which is constructing the South Luzon Expressway in the Philippines, has entered into a contract of lease of land with Alloy Manila Toll Expressways Inc for the...
Religious Tensions Flare In Malaysia
Reporting from Kuala Lumpur, Malaysia The Metro Tabernacle Church, a storefront with metal shutters, sits gutted, black smoke stains on the concrete pillars bearing witness to the intense fire that...
Malaysia Draws Up Plan To End Subsidies, Adopt New Tax System
Kuala Lumpur : Malaysia is considering proposals to end its subsidy regime and phase in a new goods and services tax as it begins dismantling a four-decade, race-based econ-omic system that has...
Rumours And Horse-trading Aplenty In Run-up To Mca Polls
KUALA LUMPUR: With just days to go before the nomination day for MCA party election next Monday, rumours are swirling about the likely candidates for the top posts, while intense horse-trading is...
#today's Diary* What To Expect On March 19, 2010
1.    The Auto Malaysia Expo and Seminar organized by the Exporters Club at Matrade Exhibition and Convention Centre, KL. (till march 20)2.    AirAsia unveils aircraft showcasing AirAsia's...
I’m Not Involved In Mca Election, Says Najib
KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak on Thursday, March 18 denied his involvement in the upcoming MCA election. He was commenting on a circulating SMS stating that former MCA president...
Ak Stocks Most Active, Top Gainers On Astro Buyout
KUALA LUMPUR: Boosted by the materialisation of yet another corporate exercise by the tougher-than-the-average entrepreneur, investors on Thursday, March 18 not only pushed ASTRO ALL ASIA NETWORKS...
No Date For Gst Yet, Says Najib
KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak said the original 2011 deadline for goods and services tax (GST) implementation has not been confirmed yet. “We have not decided on any...
Astro Rises To 2-year High On Buyout Offer
] surged 68 sen to a two-year high of RM4.24 on Thursday, March 18 following T Ananda Krishnan’s proposal to take the company private via a conditional voluntary takeover offer at RM4.30 per...
Tae Posts Rm12.5m Net Profit In 4q
] (TAE) posted a net profit of RM12.46 million in its fourth quarter ended Jan 31, 2010 (4QFY10), a sharp reversal from a net loss of RM24.62 million a year earlier, due to higher revenue from its...
Alam Maritim Gets Rm19m Contract
] contractor for the provision of one launch barge.In a statement on Thursday, March 18, Alam Maritim said the contract was for a period of 45 days and would tentatively be delivered for on-hire on...
Hock Heng Ipo Oversubscribed By 11.2 Times
KUALA LUMPUR: Hock Heng Stone Industries Bhd, which is poised to be listed on March 26 has had the public tranche of its initial public offering (IPO) oversubscribed by 11.2 times.In a statement on...
Hwangdbs Fund Targets Australia
KUALA LUMPUR: HwangDBS Investment Management Bhd (HwangDBS IM) has introduced the HwangDBS AUD Income Fund (AUDIF) which is aimed at providing investors with the opportunity to gain access to...
S P Setia Posts Record 1q Sales Of Rm608m
KUALA LUMPUR: S P Setia Bhd's net profit rose 22.5% to RM38.2 million in its first quarter ended Jan 31, 2010 (1QFY10) from RM31.18 million a year earlier, and the strong showing has prompted the...
Lg Eyes 30% Asian Air-cond Market Share
KUALA LUMPUR: LG Electronic Inc is aiming for a 30% share of the Asian air-conditioner market by 2013, said its marketing general manager for Asia and China group Alex Nah.He said LG had secured more...
Liow Urges Mca Legal Bureau To Reconsider Wongs' Eligibility
KUALA LUMPUR: Former MCA vice-president Datuk Seri Liow Tiong Lai on Thursday, March 18, appealed to the party's legal bureau to reconsider its decision to pronounce two former central committee (CC)...
Consumer Support Vital For Success Of Sustainability Efforts
KUALA LUMPUR: Malaysia's bid to achieve results in sustainable palm oil production will only be successful if consumers support the drive by accepting they have to pay more for a greener product,...
Pidm Appoints Md Khairuddin As Coo
KUALA LUMPUR: National deposit insurer Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Md Khairuddin Arshad as chief operating officer (COO) with immediate effect.Khairuddin was a member of...
Tee Keat Non-committal On Pact In Polls
KUALA LUMPUR: Incumbent MCA president Datuk Seri Ong Tee Keat has remained non-committal on the possibility of having a pact with certain party leaders in defending his post.Ong said he was busy with...
Sultan Appoints 5 Jps, Royal Artist
SHAH ALAM: The Sultan of Selangor Sultan Sharafuddin Idris Shah on Thursday, March 18, made five people Justices of the Peace (JP), the first appointment of JPs under the rule of His Royal...
Nazri Says No To Automatic Voter Registration
KUALA LUMPUR: The government is not in favour of an automatic voter registration for Malaysians who have reached 21 years of age as it will intrude into the freedom of individuals, said Minister in...
#update* Khairy Refutes Anwar's Claims Linking 1malaysia To 'one Israel'
KUALA LUMPUR: For linking the prime minister's 1Malaysia concept with the "One Israel" slogan, Opposition Leader Datuk Seri Anwar Ibrahim came under fire from Umno Youth chief Khairy Jamaluddin in...
Only 17,521 Non-malays In Armed Forces
KUALA LUMPUR: Non-Malays make up only 15.3% or 17,521 of the whole strength of the armed forces, Defence Minister Datuk Seri Ahmad Zahid Hamid told the Dewan Rakyat on Thursday, March 18. Although...
Sultan Of Selangor Won't Attend But Show Will Go On, Says Perkasa Chief
KUALA LUMPUR: Perkasa president Datuk Ibrahim Ali on Thursday, March 18 said that the Malay nationalist group's inaugeral annual general meeting (AGM) would not be affected by the Sultan of...
Anwar May Face Action Over One-israel Idea
KUALA LUMPUR: Tomorrow's weekly meeting of the Cabinet is to decide whether Opposition Leader Datuk Seri Anwar Ibrahim should be referred to Parliament's Rights and Privileges Committee over his...
‘submit University Applications Early’
PETALING JAYA: The Higher Education Ministry has urged SPM and STPM school leavers to submit their university applications early to avoid any last minute complications. The March 30 dateline for...
Bowling: Hong Kong's Wonder Kid Strikes At Malaysian Bowling Champ
PETALING JAYA, March 18 (Bernama) -- Teenager Michael Mak lived up to his affectionate tag, 'Wonder Kid', when he bowled over the opposition to clinch the Boy's Open Master category of the 33rd Canon...
#flash:* Four Eon Cap Independent Directors Resign
] have tendered their resignations from the board. They are Tan Sri Syed Anwar Jamalullai, Datuk Dr Mohd Shahari Ahmad Jabar, Rodney Gordon Ward and Yeo Kar Peng.EON Cap said on Thursday, March 18...
Pkr Calls Zahrain 'bn's Attack Dog'
KUALA LUMPUR: PKR secretary-general Saifuddin Nasution on Thursday, March 18, minced no words in lashing back at newly-independent Bayan Baru member of parliament (MP) Datuk Seri Zahrain Mohamed...