<div>This article first appeared in<em> The Edge Financial Daily,</em> on April 10, 2017.<br />
<br />
&nbsp;</div>

<div class=newsTextDataWrapInner><p><strong>GSB Group Bhd (-ve)</strong><br />
SHARES in GSB Group Bhd (fundamental 0.15/3, valuation: 0.9/3) closed one sen or 10% higher at 11 sen last Friday with a market capitalisation of RM58.1 million.</p></div>

<div class=newsTextDataWrapInner><p>The compact disc manufacturer’s net loss narrowed in its third quarter ended Dec 31, 2016 to RM789,000 from RM2.05 million, as revenue jumped to RM6.19 million from RM2.76 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The group said there was a significant increase in revenue at its property division to RM5 million from RM1 million previously, mainly due to revenue recognised from a Bentong project.</p></div>

<div class=newsTextDataWrapInner><p>Its cumulative net loss for the nine months ended Dec 31, 2016 improved to RM463,000 from RM833,000 as revenue grew to RM25.03 million from RM13.42 million.</p></div>

<div class=newsTextDataWrapInner><p>The stock saw some 7.93 million shares traded compared with its 200-day average volume of just 640,638 shares.</p></div>


This article first appeared in The Edge Financial Daily, on April 10, 2017.

 

GSB Group Bhd (-ve)
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<p>Richly valued US&nbsp;stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.</p>


<p>The nomination centre&nbsp;for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.</p>

<p>The announcement was made by returning officer Yuhanas Auree Kamaruddin&nbsp;at the Hulu Selangor Multipurpose Hall and District Sports Complex here.</p>


<p>Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.</p>


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<p>Singapore will introduce a new law this year that will help so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.</p>


<p>Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.</p>

<p>The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.</p>


<p>Nomination&nbsp;for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at&nbsp;the Hulu Selangor Multipurpose Hall and District Sports Complex here.</p>


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<p>China's industrial profits posted smaller gains for the first quarter compared to the first two months, official data showed on Saturday, adding to evidence of an uneven recovery for the world's second-biggest economy.</p>
