The FBM KLCI closed up 2.7 points or 0.17% at 1,638.38 after erasing losses in the final trading hour mainly on spikes in share prices of Sime Darby Plantation Bhd and RHB Bank Bhd.

A glance across Bursa Malaysia showed that local shares also took cue from newsflow on Prime Minister Tun Dr Mahathir Mohamad's five-day working visit to China from Wednesday till Sunday (April 24 to April 28). One such stock was G3 Global Bhd.

 KLCI up as investors await news on Mahathir's China visit

KUALA LUMPUR: MQ Technology Bhd’s (MQ Tech) auditors have expressed a qualified opinion on the group’s annual audited financial statements for its financial year ended Dec 31, 2018, over uncertainties related to the group’s theme park business.

Moore Stephens Associates PLT highlighted ...

MQ Tech auditors highlight theme park business uncertainties

KUALA LUMPUR: Dutch Lady Milk Industries Bhd’s net profit declined 0.96% to RM33.9 million in the first quarter ended March 31, 2019 (1QFY19) from RM34.23 million a year earlier on lower revenue and amid higher advertising and promotional spending.

In a filing with Bursa Malaysia yester...

Dutch Lady 1Q net profit slips amid higher ad spending

Willowglen MSC Bhd has secured a RM62.9 million contract from the Public Utilities Board of Singapore via its wholly-owned unit, Willowglen Services Pte Ltd.

Part A of the contract — valued at approximately RM59.7 million — is for construction works under the replacement of supervisory control and data acquisition (SCADA), control and auxiliary systems at Johor River Waterworks, Willowglen said in a stock exchange filing today.

Willowglen bags RM62.9m contract from Singapore's Public Utilities Board

While sales volume for its first quarter ended Jan 31, 2019 (1QFY19) retreated, Unisem Bhd maintained its net profit for the quarter at a flattish RM6.06 million compared with RM6.05 million a year ago.
 
The semiconductor manufacturer’s revenue for the quarter under review dropped 5.73% to RM303.13 million from RM321.55 million, Unisem said in a stock exchange filing today.

Unisem 1Q net profit flat as revenue declines on lower sales volume

Caring Pharmacy Group Bhd reported a net profit of RM5.67 million for its third quarter ended Feb 28, 2019 (3QFY19), up nearly 10% from RM5.16 million a year ago on the back of higher sales from its existing outlets and the establishment of nine new outlets over a 12-month period.
 
“During the quarter under review, we have established additional three complex outlets,” Caring said in a stock exchange filing today. The pharmacy chain added that higher other operating income also contributed to an increase in net profit year-on-year.

Caring 3Q net profit grows on higher sales and new outlets

TH Heavy Engineering Bhd’s external auditor Deloitte, has again issued a disclaimer of opinion on the group’s financial statements for the financial year ended Dec 31, 2018 (FY18).
 
“There are material uncertainties that may cast significant doubt on the ability of the group and of the company to continue as going concerns,” Deloitte said in its report, which was filed by TH Heavy to the stock exchange today

Auditor issues second disclaimer of opinion, expresses doubt on TH Heavy’s ability to continue as going concern

Kretam Holdings Bhd recorded a wider audited net loss of RM38.7 million for its financial year ended Dec 31, 2018 (FY18), compared to an unaudited net loss of RM29.31 million, resulting in a 32.04% deviation.

Kretam reports 32% deviation between FY18 audited and unaudited net loss

PT Bank CIMB Niaga Tbk, CIMB Group Holdings Bhd’s Indonesian unit, reported today that net profit climbed 7.6% year-on-year to IDR944 billion in its first quarter ended March 31, 2019 (1QFY19), due to higher non-interest income as well as a 19-basis-point improvement in credit charges.

Non-interest income grew 4% to IDR1.03 trillion, while credit charges improved to 1.6% from 1.79%

CIMB Niaga 1Q net profit up 7.6% on higher non-interest income, credit charges

Dutch Lady Milk Industries Bhd's net profit declined 0.96% to RM33.9 million in the first quarter ended March 31, 2019 (1QFY19) from RM34.23 million a year earlier on lower revenue and amid higher advertising and promotional spend.  

In an announcement today to Bursa Malaysia, Dutch Lady said revenue fell to RM264.99 million from RM266.11 million

Dutch Lady 1Q net profit slips amid higher advertising spend

Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to US$189 billion (RM895.86 billion).

Berkshire has record profit, cash soars to US$189b as Apple stake sinks

Communications Minister Fahmi Fadzil on Saturday said the Cabinet has not discussed about a price hike for petrol and diesel yet.

Fahmi: Foreign media reports not true as Cabinet yet to discuss price hike for petrol and diesel

Hong Kong issued its first red rainstorm warning of the year on Saturday as downpours caused flooding in areas of the territory, shutting roads and disrupting public transportation.

Hong Kong issues 2024’s first red storm signal amid flooding

Indonesia will permanently relocate the entire population of an island in North Sulawesi province because a volcano is threatening their safety.

Indonesia’s Ruang becomes ghost island as volcano erupts

The flight instructor and trainee of the Cessna 172 (9M ADA) type training aircraft which crashed in an oil palm plantation in Besout 2 Tambahan plantation, Sungkai near here have been identified as Captain Shahrul Imran Surea, 26, and Ho Jia Lee, 20.

Survivors of Sungkai plane crash identified

The Civil Aviation Authority of Malaysia (CAAM) has confirmed that a Cessna 172N Skyhawk aircraft with the registration number 9M-ADA crashed near Felda Gunung Besout, Sungkai, Perak on Saturday.

CAAM confirms Cessna 172N Skyhawk aircraft crashed near Felda Gunung Besout

The Melaka state government is setting its sights on bolstering its local business landscape by encouraging more companies in the state to be listed on Bursa Malaysia.

Melaka aims to boost local businesses, eyes more listings on Bursa Malaysia

The government is currently studying the proposal from marine robotics company Ocean Infinity to resume the search for Malaysia Airlines Flight MH370, which went missing while en route to Beijing 10 years ago.

Loke: Govt studying Ocean Infinity's proposal to resume search for MH370

Construction work on the East Coast Rail Link (ECRL) project in Kelantan, Terengganu, Pahang and Selangor has reached an average of 65% as of April, said Transport Minister Anthony Loke.

Progress of ECRL project in four states reaches 65%, says Loke

A training aircraft crashed in the Besout 2 Tambahan plantation area in Sungkai on Saturday.

Light aircraft crashes in Sungkai, two passengers survive