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Penang retains
National Automotive high ranking
in investments
Policy under review by Opalyn Mok
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lion last year, up 10.3% from RM1.18 billion in 2007. The company’s aggressive expansion in
“We will make every effort to achieve the KPI the two countries will be undertaken by its
target,” Azman told reporters after the company’s subsidiary companies New Britain Palm Oil
annual general meeting (AGM) yesterday. Ltd (NBPOL) and Ramu Agri-Industries Ltd.
Pharmaniaga on track – Bernama Earlier, Muhammad Ali announced that the
company’s pre-tax profit for the first quarter
for 6% growth Kulim to expand operations of 2009 had declined by 39.23% compared
SHAH ALAM: Pharmaniaga Bhd is on track to with the corresponding period of last year.
achieve its key performance indicator (KPI) target in PNG, Solomon Islands However, although its pre-tax profit fell to
of 6% revenue growth this year, its chairman JOHOR BARU: Kulim (Malaysia) Bhd has identi- RM129.32 million compared with RM212.79
Datuk Azman Yahya said yesterday. fied more than 10,000ha of land in Papua New million last year, its revenue went up 54.33%
He said to achieve this, the company was Guinea (PNG) and the Solomon Islands for the to RM463.46 million, Muhammad Ali said.
continuing to focus on its Malaysian and development of new oil palm plantations, its – Bernama