<div class=newsTextDataWrapInner><p>This article first appeared in The Edge Financial Daily, on March 11, 2016.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><strong>Mulpha International Bhd (+ve)</strong></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>SHARES of Mulpha International Bhd (Fundamental: 0.65/3, Valuation: 1.5/3) closed up 1.69% or 0.5 sen to 30 sen yesterday, with 9.79 million shares changing hands. The stock price has been on the uptrend and has already jumped up by 15.38% since Dec 31, 2015.</p></div>

<div class=newsTextDataWrapInner><p>For its full financial year 2015, the group registered a net profit of RM165.12 million, up by 33% from RM124.15 million a year ago, due to higher contribution in the investment and other divisions of RM64.76 million, better performance in the hospitality division by RM68.29 million and higher shares of associates profit by RM36.88 million.</p></div>

<div class=newsTextDataWrapInner><p>FY15 revenue however saw a decline by 7.3% to RM888.6 million from RM958.7 million in FY14.</p></div>

<div class=newsTextDataWrapInner><p>The group has a strong and geographically diversified property portfolio located in Malaysia, Australia and the United Kingdom.</p></div>

<div class=newsTextDataWrapInner><p>Mulpha is currently trading at a trailing P/E of 3.81 times and 0.24 times the book value.</p></div>

<div class=newsTextDataWrapInner><p><img alt="Mulpha_SWM_FD_11March16_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/Mulpha_SWM_FD_11March16_theedgemarkets.png" /></p></div>


This article first appeared in The Edge Financial Daily, on March 11, 2016.

 

Mulpha International Bhd (+ve)

SHARES of Mulpha International Bhd (Fundamental: 0.65/3, Valuation: 1.5/3) closed up 1.69% or 0.5 sen to 30 sen yesterday, with 9.79 mil...

Stock With Momentum: Mulpha International

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<p>ATX Semiconductor Group, a globally renowned semiconductor provider from China, intends to ramp up investment to US$200 million (RM952 million) for its new manufacturing plant in Melaka over the next five years for its second-phase business expansion.</p>


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<p>Cypark Resources Bhd said on Tuesday that its 100MW Large Scale Solar 3 (LSS3) hybrid solar plant project in Merchang, Terengganu, will transition to full commercial operations by next month.</p>

<p>In a statement, the group said the plant consists of 83MWac (megawatt, alternating current) ground-mounted solar photovoltaics and 32MWac floating solar photovoltaics.</p>


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<h3><strong><span style="color:#d35400;">MyEG Services Bhd</span></strong></h3>

<p>Target price: <strong>RM1.15 <span style="color:#27ae60;">ADD</span></strong></p>

<div class="mt-3 imgw-300 embed-right"><a class="mobx embedimg-icon" data-desc="xxx" data-rel="ceolightbox" href="//myassets.thee...

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<p>According to marke...

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<p>Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence (AI) chips through resellers, despite the US widening a ban last year on the sale of such technology to China.</p>
