[ KUALA LUMPUR: Here is a recap of the corporate announcements making headlines. MISC Bhd, via its petroleum arm AET, has entered into time charter party contracts with PETCO Trading Labuan Company Ltd for the world’s first two ammonia dual-fuel Aframaxes, as it seeks to reduce overall emissions from its operations. Maxis Bhd has reiterated … Read more
[ KUALA LUMPUR: Bursa Malaysia companies with recent developments include Chin Hin, Farm Fresh, UEM Edgenta, KLCC, MMAG, TDM, Mah Sing, Haily and Fast Energy, said Apex Securities Research. Chin Hin Group Bhd has increased its stake in Chin Hin Group Property Bhd (CHGP) by 3.39% to 57.13% for RM29.26 million, buying 22.39 million shares … Read more
[ KUALA LUMPUR: Companies that made corporate announcements include Gamuda, PT Resources, Eduspec, KJTS, Theta Edge, Destini, Topmix and VS Industry Gamuda Bhd’s net profit rose 7.29% to RM208.8 million in the second quarter ended Jan 31, 2024 (2QFY2024) from RM194.62 million a year earlier, on the back of higher revenue from its overseas projects. … Read more
[ KUALA LUMPUR: Companies making headlines include Yinson, Astino, DXN, EcoFirst, Velesto, Nestcon, Maxim, Teladan and Steel Hawk, said Apex Securities Research. Yinson Holdings Bhd’s net profit for the financial year ended Jan 31, 2024 (FY2024) jumped 63% to RM964 million, from RM589 million a year earlier, on the back of a surge in revenue … Read more
[ KUALA LUMPUR: Companies that made the headlines include Bermaz Auto, CTOS, Eversendai, LSK and Reservoir Link Energy, said Rakuten Trade in its daily market report. Bermaz Auto, which mainly assembles Mazda-branded vehicles, reported its 3QFY10/24 net profit fell 19.23% YoY to RM70.5m compared with RM87.29m dragged by lower sales. Retirement Fund Inc (KWAP) emerged … Read more
[ KUALA LUMPUR: Companies that recently made headlines includes Mah Sing, Unisem, Alliance Bank, MISC, Tenaga, PetGas, Nestle, UOA, MBSB and Heineken, said Apex Securities Research. Mah Sing Group Bhd’s net profit for the three months ended Dec 31, 2023 grew 38% to RM64.74 million compared to RM46.78 million a year ago. Unisem (M) Bhd‘s … Read more
[ KUALA LUMPUR: Recent orporate announcements could spur trading interest in YTL REIT, KLCCP, Carlsberg, MNRB, Rexit, One Glove, Ranhill, PLB, ITMAX, Econpile and Steel Hawk, said Apex Securities Research. YTL Real Estate Investment Trust (YTL REIT) is acquiring Syuen Hotel in Ipoh, Perak from Syuen Hotel Bhd for RM55mil. KLCCP Stapled Group’s net profit … Read more
[ KUALA LUMPUR: Recent corporate announcements could put the spotlight on SunREIT, IGB REIT, IGB Commercial REIT, CLMT, Sapura Energy, Samaiden, MFM, UZma, Avillion and Reneuco, said Apex Securities Research. Sunway Real Estate Investment Trust‘s (Sunway REIT) net property income (NPI) decreased by 7.2% to RM135.7 million for the fourth quarter ended Dec 31, 2023. … Read more
[ KUALA LUMPUR: Companies that recently made headlines include Capital A, Eupe, Silver Ridge, Jentayu, Betamek, Edelteq, TSA, LB Aluminium, Tanco, KAB, Heitech Padu and YNH Property, said Apex Securities Research. Capital A Bhd now has up till June 30, 2024 to submit its proposal to regularise its Practice Note 17 (PN17) condition after getting … Read more
[ KUALA LUMPUR: Headlines were made yesterday by Econframe, MGB, Tien Wah, Alpha IVF, George kent, MSM, Magna Prima, Sunview and Wentel, said Apex Securities Research. Econframe Bhd has acquired industrial property builder ETA World Sdn Bhd for RM56 million. MGB Bhd, a subsidiary of LBS Bina Group Bhd, has promoted its executive vice chairman, … Read more
