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Thursday, 17 March 2016
This article first appeared in The Edge Financial Daily, on March 17, 2016. PHNOM PENH: Muhibbah Engineering (M) Bhd is looking to expand its construction business into Myanmar and Indonesia following its successful experience in Cambodia. “We are always ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): U.S. semiconductor companies were among the top corporate recipients of U.S. patents in 2015, according to an analysis of of new data from the U.S. Patent and Trademark Office, according to the U.S.-based Semiconductor Industry ...
Thursday, 17 March 2016
This article first appeared in The Edge Financial Daily, on March 17, 2016. KUALA LUMPUR: UMW Holdings Bhd is likely to drop from the list of 30 component stocks of the FBM KLCI as its market capitalisation has shrunk more than a quarter over the past ...
Thursday, 17 March 2016
This article first appeared in The Edge Financial Daily, on March 17, 2016. KUALA LUMPUR: Bison Consolidated Bhd’s initial public offering (IPO), under which 15.5 million shares were made available for applications by the Malaysian public, has been ...
Thursday, 17 March 2016
This article first appeared in The Edge Financial Daily, on March 17, 2016. KUALA LUMPUR: ACE Market-listed Vivocom International Holdings Bhd is said to be in the midst of finalising some RM1.5 billion worth of contracts over the next six months, ...
Thursday, 17 March 2016
This article first appeared in The Edge Financial Daily, on March 17, 2016. KUALA LUMPUR: Top Glove Corp Bhd has targeted a sales growth of 20% to 30% for the financial year ending Aug 31, 2016 (FY16). The glove maker is also eyeing one or two merger and ...
Thursday, 17 March 2016
This article first appeared in The Edge Financial Daily, on March 17, 2016. KUALA LUMPUR: Utility company Ranhill Holdings Bhd’s shares faced persistent selling pressure on the first trading day. It slipped to an intraday low of RM1 — nearly 17% below its ...
Thursday, 17 March 2016
This article first appeared in The Edge Financial Daily, on March 17, 2016. KUALA LUMPUR: Hiap Teck Venture Bhd, which is among six public-listed steel companies that have been raided by the Royal Malaysian Customs Department last month, said the ...
Thursday, 17 March 2016
This article first appeared in The Edge Financial Daily, on March 17, 2016. KUALA LUMPUR: Puncak Niaga Holdings Bhd’s share price staged a strong rebound in the past two days and sparked speculation about the company’s next move now that it has disposed ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): Shares of Red Sena Bhd, the country's first food and beverage (F&B) special purpose acquisition company rose 1.27% in early trade today after it said it would like to undertake its qualifying acquisition in Thailand, Indonesia or ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): Shares of Sarawak Cable Bhd (SCable) rose 1.83% in early trade Thursday after Hong Leong IB Research said SCable was one of HLIB’s top construction picks with an institutional target price of RM2.49 (based on SOP), or 52.7% upside ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): Sapura Resources Bhd shares jumped 6.57% this morning after it announced a divestment of its education business by disposing of its entire shareholding in APIIT Education Group to ILMU Education Group Sdn Bhd, the education arm of ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): The FBM KLCI started Thursday on a higher note and rose in line with the gains at most regional markets, lifted by key blue chips. At 9.01am, the FBM KLCI rose 5.51 points to 1,698.94. The top gainers included ...
Thursday, 17 March 2016
This article first appeared in The Edge Financial Daily, on March 17, 2016. KUALA LUMPUR: Sapura Resources Bhd (SapRes), which is controlled by tycoon Tan Sri Shahril Shamsuddin, is proposing to sell its education assets to Ilmu Education Group Sdn Bhd, ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): CIMB IB Research has maintained its “Add” rating on Top Glove Corporation Bhd at RM5.20 with a lower target price of RM5.90 (from RM8) and said the glove maker’s 1HFY8/16 earnings rose by 100.2% to RM221.1 million, 54% of house ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): Hong Leong IB Research said Sarawak Cable Bhd was one of HLIB’s top construction picks with an institutional target price of RM2.49 (based on SOP), or 52.7% upside. In a trading idea note today, the research house said that ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): Following a stronger-than expected real GDP growth in 4Q15, CIMB IB Research said it expects the Malaysian economy to lose steam in 1Q16 as domestic demand weakens and net exports disappoint. In an economic focus yesterday, CIMB ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): AllianceDBS Research said hurdle for TRC Synergy Bhd was at 43 sen and that TRC had on March 16 traded higher to 41 sen before closing at 39.5 sen (down half a sen or 1.25%). In its evening edition yesterday, the research house ...
Thursday, 17 March 2016
KUALA LUMPUR (March 17): AllianceDBS Research said TSR Capital Bhd (TSR Cap) gapped up and that TSR Cap had on March 16 gapped up to cross over the 56 sen. It said the stock subsequently reached a high of 59 sen before closing at 57 sen (up 4 sen or 7.54 ...

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