Article: Logistics players say Transmile must reinvent business model

Article: Transmile: A bumpy ride
New Straits Times;  June 25, 2007 ;     700+ words ... ... having plans in mind ... Transmile's performance is very sensitive ... officials to be reminded now, as Transmile was still a highly valuable ... stock because of its unique business model and valuable landing rights ... Europe. More importantly, Transmile has the backing of Tan Sri ...

Article: Angry Transmile investors want tough action
New Straits Times;  June 19, 2007 ;     592 words ... ... investors that are upset with Transmile's accounting scandal are ... points to rising losses in Transmile over the years, instead of ... questions on the viability of its business model," TA's Choo said. TA ... estimated value when trading in Transmile resumes today. "There are ...

Article: Transmile may pick KPMG to be auditor
New Straits Times;  August 23, 2007 ;     623 words ... ... have done a bad job as far as Transmile is concerned. At the end ... month. "We believe that Transmile has a good business model and is a good company. It ... accounting fraud," Mah said. Transmile was thrust into the spotlight ...

Article: Pos Malaysia to hold on to Transmile shares
New Straits Times;  June 29, 2007 ;     486 words ... ... meeting. PSH holds 15.3 per cent of Transmile. Adam said PSH remains confident of Transmile's business model and will hold on to the shares at the ... show the point of wisdom". PSH bought Transmile shares at an average price of RM6 ...

Article: RAM downgrades ratings of Transmile notes
New Straits Times;  July 17, 2007 ;     453 words ... ... RM797 million wiped out from Transmile's retained profits compared ... serious doubts on the viability of Transmile's business model, especially its long-haul ... Pacific services. "Elsewhere, Transmile's competitiveness within the ...

Article: Transmile deeper into the red
New Straits Times;  March 1, 2008 ;     417 words ... ... services rendered by Transmile Air Services Sdn Bhd ... group, was ongoing. Transmile's new management has ... in the past that its business model is viable, but declined ... in May last year left Transmile, once touted as a promising ...

Article: Transmile may report Q3 loss: Aseambankers
New Straits Times;  October 6, 2007 ;     377 words ... ... its accounting scandal, Transmile restated its accounts ... million. On September 5, Transmile's new management said the company's business model is viable but they could ... of RM4.44 yesterday. Transmile wants charters to make ...