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Friday, 18 March 2016
KUALA LUMPUR (March 18): The FBM KLCI extended its gains in early trade and stayed above the 1,700-point level, lifted by key blue chips, in line with the advance at most regional markets. At 9.01am, the FBM KLCI rose 5.2 points to 1,708.39. The top ...
Friday, 18 March 2016
This article first appeared in The Edge Financial Daily, on March 18, 2016. KUALA LUMPUR: British American Tobacco (Malaysia) Bhd (BAT), which had been wrestling with high sin taxes and a growing illicit market — and just weeks after fellow tobacco player ...
Friday, 18 March 2016
KUALA LUMPUR (March 18): Hong Leong IB Research said Cahya Mata Sarawak Bhd’s (CMSB) share prices are likely to find a bottom near RM4.70. In a trading idea note today, the research house said CMSB, an East Malaysia conglomerate is set to be the prime ...
Friday, 18 March 2016
KUALA LUMPUR (March 18): Hong Leong IB Research has upgraded Hock Seng Lee Bhd (HSL) to “Buy” with a target price of RM2.53 after HSL-Nishimatsu JV was awarded Package 2 of the Kuching Wastewater System worth RM750 million. In a note today, HLIB Research ...
Friday, 18 March 2016
Loss-making Pasdec Holdings, a subsidiary of the Pahang state government, is positive on this year’s outlook for its property segment.
Friday, 18 March 2016
KUALA LUMPUR (March 18): North America-based manufacturers of semiconductor equipment posted US$1.26 billion in orders worldwide in February 2016 (three-month average basis) and a book-to-bill ratio of 1.05, according to the Semiconductor Equipment and ...
Friday, 18 March 2016
KUALA LUMPUR (March 18): AllianceDBS Research said the immediate hurdle for Kim Teck Cheong Consolidated Bhd (KTC) was at 40 sen and that KTC had on March 17 traded higher to RM0.38 before closing near the day’s high at 37.5 sen (up 3.5 sen or 10.29%). In ...
Friday, 18 March 2016
KUALA LUMPUR (March 18): AllianceDBS Research said renewed buying interest had emerged in Sarawak Cable Bhd (SCable) and that SCable had on March 17 tested the RM1.69 hurdle before settling at the day’s low of RM1.65 (up 1 sen or 0.61%). In its evening ...
Friday, 18 March 2016
KUALA LUMPUR (March 18): Stocks on Bursa Malaysia are expected to end the week on a positive note today with the benchmark FBM KLCI hovering between the 1,685 and 1,710-point levels in the coming few days. The US dollar index dropped to a five-month low ...
Friday, 18 March 2016
There are reports that Google is looking to sell of Boston Dynamics - the creator of humanoid robots. CNBC's Phil Han reports.
Friday, 18 March 2016
The price of a barrel of crude has gained more than 50% since February. CNBC's Phil Han finds out if it is a sustained rebound or if something could see it go lower once again?
Friday, 18 March 2016
Mad Money host Jim Cramer spoke with the CEO of Target, to chronicled the expansion of Target into urban areas to follow millennial consumers.
Thursday, 17 March 2016
KUALA LUMPUR (March 17): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Friday, March 18) could include the following: BAT, Atlan, Hock Seng Lee, Ahmad Zaki, Bintai Kinden, EG Industries, Inix, R&A ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): Felda Global Ventures Holdings Bhd (FGV) has received the green light from the Finance Ministry for its proposed acquisition of a 55% stake in Zhong Ling Nutril-Oil Holdings Ltd for RM976.25 million. In a bourse filing today, FGV ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): After years of delay, Mudajaya Group Bhd's independent power plant (IPP) project in the central Indian state of Chhattisgarh seems to be making some headway. The plant has a total capacity of 1,440 megawatts (MW) consisting of ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): Atlan Holdings Bhd is planning to dispose of up to 25% plus one share of its interest in duty-free merchandise trader DFZ Capital Bhd to Heinemann Asia Pacific Pte Ltd, in three separate tranches for about €52.21 million (RM239.1 ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): Aturmaju Resources Bhd was not aware of what could have excited investors to heavily trade its shares and consequently push the price to the highest in nearly a decade, according to the wood products manufacturer's filing with ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): British American Tobacco (Malaysia) Bhd (BAT) is closing down its factory along Jalan Universiti, Petaling Jaya, at the intersection that used to be a roundabout colloquially named after the tobacco company's former name Rothmans, ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): R&A Telecommunication Group Bhd said the properties of its wholly-owned unit will be auctioned off to settle a sum of RM31.24 million owing to Maybank Islamic Bhd. In a filing with Bursa Malaysia, R&A said the High Court in Shah ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): Peninsular Medical Sdn Bhd, a wholly-owned subsidiary of Ahmad Zaki Resources Bhd (AZRB), has clinched a RM120 million contract for the supply of equipment to the International Islamic University Malaysia Teaching Hospital in ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): APFT Bhd has proposed to reduce the par value of its shares by cancelling 15 sen out of the par value of every existing ordinary share of 20 sen to eliminate its existing accumulated losses. The stock, which has been on the ...

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