<div class=newsTextDataWrapInner><p><strong>Harbour-Link Group Bhd (+ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>Harbour (Fundamental: 1.7/3, Valuation: 1.8/3) was picked by our momentum algorithm for the 11th time since March 3, rising 52.9% over the period. The stock closed up 3.6% at RM2.60 yesterday.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The Bintulu-based company provides shipping and marine services, logistic services and equipment rental, as well as engineering and construction services. It also owns a 100-acre land at the Kidurong &nbsp;Industrial Area (KINDA) near Bintulu Port. Harbour intends to develop the land into a township with integrated facilities.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>For 9MFYJune2015, net profit surged 76.1% to RM36.5 million while sales increased 9.2% to RM391.1 million, mainly due to logistics services and machineries segment as well as engineering works segment.</p></div>

<div class=newsTextDataWrapInner><p>On June 8, Harbour acquired Harbour Xtra Sdn Bhd, currently dormant, to facilitate the expansion of its ship owning and management operations.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The stock currently trades at a trailing 12-month P/E of 9.43 times and 1.74 times book.</p></div>

<div class=newsTextDataWrapInner><p><img alt="harbour_180615_fd_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/harbour_180615_fd_theedgemarkets.png" /></p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on June 18, 2015.</p></div>


Harbour-Link Group Bhd (+ve)

Harbour (Fundamental: 1.7/3, Valuation: 1.8/3) was picked by our momentum algorithm for the 11th time since March 3, rising 52.9% over the period. The stock closed up 3.6% at RM2.60 yesterday. 

The Bintulu-based company provid...

Stock With Momentum: Harbour-Link Group

Shares in Snap jumped nearly 25% in premarket trading on Friday after targeted ads and new features helped the owner of the photo messaging app beat Wall Street expectations for first-quarter revenue and user growth.

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The Inland Revenue Board (IRB) on Friday announced that the deadline for taxpayers to submit Form E and CP8D has been extended to May 31.

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Datuk Seri Anwar Ibrahim said he will be returning the allowance received as chairman of Khazanah Nasional Berhad, reiterating that he does not draw a salary for the position of prime minister that he has held since November 2022.

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There are no plans to open or operate any casinos in the state, Johor Menteri Besar Datuk Onn Hafiz Ghazi said.

He said the news is merely a rumour intended for sabotage, and to maliciously tarnish the image of Forest City and the state of Johor as a whole.

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GDANSK/BRUSSELS (April 26): The boss of Spanish steelmaker Acerinox says the European Union (EU) should do more to curb steel imports from Asia, which are hurting some of the EU's mills, as demand and prices weaken.

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The son of the Perlis menteri besar and four others who were remanded by the Malaysian Anti-Corruption Commission (MACC) since Wednesday have been released on MACC bail.

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S P Setia Bhd will launch Casaville, which comprises 38 single-storey bungalows, in its Setia EcoHill township in Semenyih at end-April.

With a gross development value (GDV) of RM50 million, the homes measure 52ft by 90ft each, with built-ups from 1,994 to 2,074 sq ft, and a three-bedroom, three-bathroom layouts. The selling price starts from RM1.376 million. It is slated for completion in the second quarter of 2026.

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Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week. 

Most read this week

<p>The Inland Revenue Board (IRB) on Friday announced that the deadline for taxpayers to submit Form E and CP8D has been extended to May 31.</p>


<p>Berjaya Corp&nbsp;Bhd (BCorp) has denied that its founder Tan Sri&nbsp;Vincent Tan Chee Yioun participated in talks to revive a US$100 billion (RM477.60 billion)&nbsp;Forest City casino resort as reported recently.</p>


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<p>Doctor-turned-businessman Tan Sri Mohan MK Swami and his partner Datuk Seri Dr Shamir Kumar Nandy agreed on Friday to acquire a 58% stake in property management company Turiya Bhd for RM52.86 million from MAA Group Bhd.</p>


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<p>Uday Kotak built his Kotak Mahindra Bank Ltd over decades to become Asia’s richest banker. After India’s regulator slapped his firm with a surprise ban, he’s facing one of his biggest tests yet — and a dip in wealth.</p>


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<p>Shares in ViTrox Corp Bhd fell to their lowest in a month, as first-quarter results disappointed investors, while analysts turned increasingly cautious on the semiconductor company’s near-term prospects.</p>

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<p>The Securities Commission Malaysia (SC) has updated its Investor Alert List.</p>


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<p>Mercury Securities Sdn Bhd has valued ACE Market-bound Sin-Kung Logistics Bhd at 14 sen based on a 14 times financial year 2025 (FY2025) earnings per share forecast of one sen.</p>


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<p>Malayan Banking Bhd (Maybank) has obtained a summary judgement at the High Court here against ACE Credit (M) Sdn Bhd, ACE Corporation (M) Sdn Bhd, and the company directors Datuk Choong Chee Meng and Chang Ai Nee, for defaulting on a RM46.47 million loan given to them by the bank.</p>


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<p>Prime Minister Datuk Seri Anwar Ibrahim on Friday suggested all parties mentioned in a recent report&nbsp;alleging that the government is planning to issue&nbsp;a licence for a casino in&nbsp;Forest City, Johor, to take necessary action&nbsp;against the foreign news agency.</p>


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<p>The country’s&nbsp;fifth-generation (5G) network&nbsp;adoption rate has reached nearly 36% as of mid-April, while the service coverage rate stood at 80.3% in February.</p>


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<p>Nestle (Malaysia) Bhd is slated to raise prices for 22 of its products starting July 1, according to the Federation of Sundry Goods Merchants Associations of Malaysia (FSGMAM).</p>


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<p>The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250 billion (RM1.28 trillion) a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.</p>


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<p>The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen.</p>

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<p>The Malaysian Anti-Corruption Commission (MACC) has given businessmen Mirzan Mahathir and Tan Sri Mokhzani Mahathir a 30-day extension from Friday to declare their assets to the anti-graft body.</p>


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<p>Pavilion Real Estate Investment Trust rose to its highest in more than a month&nbsp;after the release of its first-quarter results, while analysts expect the REIT, which mainly manages shopping malls, to benefit further from higher tourist arrivals.</p>


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<p>MYAirline Sdn Bhd will continue to retain its nominated post holders as well as key personnel, while ensuring that its air operator’s certificate (AOC) documentation remains as current as possible.</p>
