<div>This article first appeared in <em>The Edge Financial Daily</em>, on September 27, 2016.<br />
<br />
&nbsp;</div>

<div class=newsTextDataWrapInner><p><strong>Tien Wah Press Holdings Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>SHARES in Tien Wah Press Holdings Bhd (fundamental: 2.1/3, valuation: 3/3) closed higher by 1.08% or two sen at RM1.88 yesterday after reaching their intraday high of RM1.91. There were 561,400 shares traded, compared with its 200-day average volume of 202,052.5.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>There was no new announcement by the company, except for the extension of the employment of Lee Chee Whye, its current chief executive officer, for another two years, and his appointment as the company’s executive director.</p></div>

<div class=newsTextDataWrapInner><p>The group has declared an interim single-tier dividend of four sen which will go ex tomorrow. This payout is about 2.13% of its closing price yesterday. The company has a trailing dividend yield of 8.39%.</p></div>

<div class=newsTextDataWrapInner><p>At its current price level, Tien Wah is trading at a trailing price-earnings ratio of 5.5 times, with a market capitalisation of RM272.12 million. The stock has fallen 12.4% year-to-date, but has gained 44.22% compared with 12 months earlier.</p></div>


This article first appeared in The Edge Financial Daily, on September 27, 2016.

 

Tien Wah Press Holdings Bhd (-ve)

SHARES in Tien Wah Press Holdings Bhd (fundamental: 2.1/3, valuation: 3/3) closed higher by 1.08% or two sen at...

Stock With Momentum: Tien Wah Press Holdings

Bursa Malaysia ended the week mixed on Friday with buying in selected heavyweights and commodity-related stocks amid the negative sentiment on regional markets, said an analyst.

Bursa ends mixed amid weak regional sentiment

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Nissan Motor Co said full-year operating profit came in at ¥530 billion (RM16.43 billion) — 15% lower than it forecast as recently as February as sales fell short of expectations.

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<p>Shares of Awanbiru Technology Bhd (Awantec) fell as much as 53% on Friday, prompting Bursa Malaysia to suspend the counter’s intraday short selling (IDSS).&nbsp;</p>


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<p>The oil-rich Malaysian state of Sarawak in Borneo is aiming to transform itself into a centre for clean hydrogen energy, betting that its ability to harness an abundance of hydropower can help it defy challenges that are clouding the fuel’s prospects elsewhere.</p>


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<p>Apple said on Friday it had removed Meta Platforms' WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns.</p>


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<p>The escalating tensions in the Middle East have influenced market sentiment and shifted investors' emphasis to the energy, finance and plantation sectors, which helped boost the FBM KLCI higher by midday on Friday.</p>


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<p>Bursa Malaysia Bhd’s core net profit may have risen 34% in the first quarter, from a year earlier, on higher securities and derivatives trading activity when the exchange operator reports its results, Hong Leong Investment Bank said.</p>


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<p>Kenanga Investment Bank has initiated coverage on soon-to-be listed oil and gas services firm Keyfield International Bhd at RM1.90 — reflecting a 111% premium over its IPO price of 90 sen per share — while giving it an “outperform” rating.</p>


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<p>Sime Darby Property Bhd, Malaysia’s biggest developer in terms of landbank, has secured commitment for the remaining 30% of its industrial development fund to close at RM1 billion.</p>


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<p>Melaka State Secretary Datuk Zaidi Johari died of a heart attack this morning. He was 54.</p>

<p>According to a statement from the Melaka Chief Minister’s Office, Zaidi breathed his last at about 8.15am at Hospital Melaka here.</p>
