<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on January 31, 2019</span></p></div><div class=newsTextDataWrapInner><p><strong>Teo Seng Capital Bhd (+ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>TRADING of shares in Teo Seng Capital Bhd (fundamental: 0.65/3, valuation: 0.8/3) triggered our momentum algorithm yesterday for the fourth time this year.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The stock dropped one sen or 0.97% to RM1.02 with a market capitalisation of RM305.72 million. Some 1.2 million shares were traded, which are higher when compared with its 200-day average trading volume of 128,939 shares.</p></div>

<div class=newsTextDataWrapInner><p>The group is involved in the manufacturing of animal feeds and layer farming including manufacture of paper egg trays. It also does trading in animal feed additives, disinfectants and insecticides.</p></div>

<div class=newsTextDataWrapInner><p>For the third financial quarter ended Sept 30, Teo Seng posted more than six-fold jump in net profit to RM7.02 million from RM1.13 million a year ago due to improved selling prices of eggs and higher sales quantities, coupled with lower feed cost.</p></div>

<div class=newsTextDataWrapInner><p>As at yesterday, Teo Seng was trading at 1.17 times its book value.</p></div>


Teo Seng Capital Bhd (+ve)

TRADING of shares in Teo Seng Capital Bhd (fundamental: 0.65/3, valuation: 0.8/3) triggered our momentum algorithm yesterday for the fourth time this year.

The stock dropped one sen or 0.97% to RM1.02 with a market capitalisation of ...

Stock With Momentum: Teo Seng Capital

The Court of Appeal has allowed a bid by Tan Sri Muhyiddin Yassin to have a bench of five judges to hear his review application to restore his acquittal by the High Court of four of his abuse of power charges last year.

His lawyer Chetan Jethwani said that Court of Appeal deputy registrar Muhammad Noor Firdaus Rosli informed the parties of the matter on Thursday morning during case management.

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Shares of YTL Corp Bhd rallied to a new all-time high on Thursday after Hong Leong Investment Bank (HLIB) flagged more upside even after a 42% year-to-date surge.

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Vietnamese billionaire Pham Nhat Vuong said on Thursday he planned to invest US$1 billion (RM4.78 billion) more from his own fortune into Nasdaq-listed electric vehicle (EV) maker VinFast, and was considering listings for other companies he controls.

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PUTRAJAYA ( April 25): Malaysia’s inflation stayed at 1.8% in March 2024 from a month ago, according to the Department of Statistics Malaysia (DOSM).

Malaysia’s inflation stays at 1.8% in March 2024

Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.

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KUALA LUMPUR (April 25): The Employees Provident Fund (EPF) members, who are below 55 years old, will have an Account 3, in addition to the existing two accounts for their retirement savings, starting May 11.

EPF members under age 55 will have Account 3 starting May 11

(April 25): Goldman Sachs Group Inc plans to hire “steadily” in Asia to cater to the growing number of family offices and super-rich in the region, The Straits Times reported on Thursday.

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<p>KUALA LUMPUR (April 25): The Employees Provident Fund (EPF) members, who are below 55 years old, will have an Account 3, in addition to the existing two accounts for their retirement savings, starting May 11.&nbsp;</p>


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<p>PUTRAJAYA ( April 25): Malaysia’s inflation stayed at 1.8% in March 2024 from a month ago, according to the Department of Statistics Malaysia (DOSM).</p>
