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Tuesday, 12 January 2016
KUALA LUMPUR (Jan 12): Shares of Ekovest Bhd rose 4% in early trade today after it was awarded the concession for the construction and management of the RM3.74 billion Setiawangsa-Pantai Expressway (formerly Duta-Ulu Kelang Expressway (DUKE) Phase-3). At ...
Tuesday, 12 January 2016
This article first appeared in The Edge Financial Daily, on January 12, 2016. KUALA LUMPUR: Hua Yang Bhd plans to develop a mixed development with a gross development value (GDV) of RM346.4 million in Mukim Plentong, Johor Baru. Hua Yang yesterday signed ...
Tuesday, 12 January 2016
SINGAPORE (Jan 12): U.S. crude prices continued a relentless dive early on Tuesday approaching a 20 percent drop since the beginning of the year as analysts scrambled to cut their 2016 oil price forecasts and traders bet on further price falls. U.S. crude ...
Tuesday, 12 January 2016
This article first appeared in The Edge Financial Daily, on January 12, 2016. KUALA LUMPUR: Tan Sri Dr Abd Wahab Maskan, 65, has ceased to be the chief operating officer (COO) of Sime Darby Bhd, with effect from Dec 31, 2015, due to his health and medical ...
Tuesday, 12 January 2016
This article first appeared in The Edge Financial Daily, on January 12, 2016. KUALA LUMPUR: Integrated poultry farmer Lay Hong Bhd is tying up with Japanese processed food firm NH Foods Ltd (NHF) to expand its business overseas. In its bourse filings ...
Tuesday, 12 January 2016
This article first appeared in The Edge Financial Daily, on January 12, 2016. KUALA LUMPUR: Moody’s Investors Service’s revision of Malaysia’s sovereign rating outlook from “positive” to “stable” is not a reason to hit the panic button just yet, say ...
Tuesday, 12 January 2016
This article first appeared in The Edge Financial Daily, on January 12, 2016. KUALA LUMPUR: Former executive chairman of Sabah-based Repco Holdings Bhd, Low Thiam Hock, more popularly known as Repco Low for gaining notoriety as a market mover in the 1990s ...
Tuesday, 12 January 2016
This article first appeared in The Edge Financial Daily, on January 12, 2016. KUALA LUMPUR: SPAZ Sdn Bhd, a 60%-owned subsidiary of Seacera Group Bhd, has pre-qualified for the construction and completion works related to the Damansara-Shah Alam Elevated ...
Tuesday, 12 January 2016
SINGAPORE/JAKARTA (Jan 12): Recent rains across Southeast Asia are expected to boost palm oil production this year as fears of an ongoing El Nino dry spell recede, threatening a reversal for one of the few commodities to record a price rise in 2015. Palm ...
Tuesday, 12 January 2016
KUALA LUMPUR (Jan 12): The FBM KLCI edged up in early trade today on some mild bargain hunting but the general outlook for the local market remains choppy. At 9.06am, the FBM KLCI added 3.21 points to 1,640.80. The top gainers included Lay Hong Bhd, ...
Tuesday, 12 January 2016
This article first appeared in The Edge Financial Daily, on January 12, 2016. KUALA LUMPUR: Ekovest Bhd, controlled by tycoon Tan Sri Lim Kang Hoo, has been awarded the concession for the construction and management of the RM3.74 billion Setiawangsa- ...
Tuesday, 12 January 2016
KUALA LUMPUR (Jan 12): CIMB IB Research has maintained its “Overweight” rating on the semiconductor sector and said it had organised a semiconductor companies visit of Aemulus Holdings Bhd, Globetronics Technology Bhd and Inari-Amertron Bhd in Penang for ...
Tuesday, 12 January 2016
KUALA LUMPUR (Jan 12): Hong Leong IB Research is recommending investors accumulate Sunway Construction Group Bhd and said this was due to its undemanding at 12.7x FY17 P/E (about 13% lower than its peers), supported by superb FY17 ROE of 23.6% (peers: 9.7 ...
Tuesday, 12 January 2016
Seacera Group Bhd has been prequalified for the construction works of the proposed Damansara-Shah Alam Elevated Expressway (DASH) and proposed Sungai Besi-Ulu Kelang Elevated Expressway (SUKE). The group is currently tendering for five packages of work, ...
Tuesday, 12 January 2016
Seacera Group Bhd has been prequalified for the construction works of the proposed Damansara-Shah Alam Elevated Expressway (DASH) and proposed Sungai Besi-Ulu Kelang Elevated Expressway (SUKE). The group is currently tendering for five packages of work, ...
Tuesday, 12 January 2016
KUALA LUMPUR (Jan 12): Global air freight markets air cargo volumes were down 1.2% year-on-year in November 2015, according to the International Air Transport Association (IATA). In a statement on its website yesterday, the IATA said total cargo volumes, ...
Tuesday, 12 January 2016
Works Minister Datuk Seri Fadillah Yusof says the government has yet to decide whether to allow UEM Group Bhd to increase the toll rate for PLUS highway. He says the government is still discussing with the relevant stakeholders as it takes into account of ...
Tuesday, 12 January 2016
Works Minister Datuk Seri Fadillah Yusof says the government has yet to decide whether to allow UEM Group Bhd to increase the toll rate for PLUS highway. He says the government is still discussing with the relevant stakeholders as it takes into account of ...
Tuesday, 12 January 2016
KUALA LUMPUR (Jan 12): AllianceDBS Research said the immediate support for Landmarks Bhd was seen at 99 sen and that Landmarks had on Jan 11 tested last Friday’s low of RM1.02 before closing near the day’s low at RM1.04 (down 7 sen or 6.30%). In its ...
Tuesday, 12 January 2016
KUALA LUMPUR (Jan 12): AllianceDBS Research said the hurdle for Scientex Bhd was at RM9.92 and that Scientex had on Jan 11 traded higher to RM9.75 before closing off the day’s high at RM9.69 (up 10 sen or 1.04%). In its evening edition yesterday, the ...
Tuesday, 12 January 2016
KUALA LUMPUR (Jan 12): Stocks on Bursa Malaysia are expected to face some downward pressure today as bearish sentiment seems to be in control with the global economic worries with uncertainties emanating from China and hammered crude oil prices. Meanwhile ...

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