KUALA LUMPUR: Share prices on Bursa Malaysia closed lower today, weighed down by losses in selected blue-chips and heavyweights as well as lack of fresh leads.
KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research has assigned a fair value of RM2.07 to APB Resources Bhd, as it rides on the petrochemical upcycle.
KUALA LUMPUR: iProperty Group's new major shareholder REA Group has acquired a 17.2 per cent stake in the company worth AU$106 million.
PUCHONG: George Kent (Malaysia) Bhd has obtained shareholders approval for a one-for-three bonus issue of 75.1 million new ordinary shares to be credited as fully paid-up.
KUALA LUMPUR: Maybank Research keeps its 'hold' rating on Sunway Bhd with a RM3.05 target price, on assumption that it is on track to hit sales target.
KUALA LUMPUR: AirAsia is the first airline in Asia Pacific to implement light ticketing technology from Amadeus, a leading technology provider for the global travel industry, which gives travel agencies an even simpler way to book the airline’s content.
KUALA LUMPUR: Malaysian companies should accelerate outsourcing their non-core business activities to lower their operational costs, obtain access to very specific expertise in a flexible manner and gain more flexibility to be more productive.
KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research is maintaining its 'buy' call on Scomi Energy (SES) with unchanged target price of RM1.24 on moves to raise war chest.
KUALA LUMPUR: AmResearch keeps 'hold' rating on Malayan Banking Bhd (Maybank) as share price likely to be supported by upcoming dividend payout.
KUALA LUMPUR: The Bursa Malaysia key index, the FBM KLCI was 1,873.63, down 4.71 points at midafternoon on selling pressure of bluechips.
CIMB Research maintains its “add” rating on Perisai Petroleum Bhd, with full deployment of assets being the potential re-rating catalyst.
CIMB Research says it is “underweight” on Malaysian banks, given the new threats to earnings growth despite the recent interest rates hike.
AMRESEARCH Sdn Bhd said it is favourable towards Titijaya Land Bhd, with an unchanged fair value of RM3.30 a share, thanks to the company eyeing two parcels of prime development land in the Klang Valley.
KUALA LUMPUR: The ringgit will likely appreciate in the third quarter as investors hunt for stronger yields in emerging markets like Malaysia, said AmMarkets forex strategist Wong Chee Seng.
IJM Plantations Bhd, the plantation arm of IJM Corp Bhd, is committed to complete its Indonesian expansion project in both plantation development and mills establishment this year and the coming years.
Malaysia is also the biggest market for Qatar Airways in terms of travel between Hamad International Airport (HIA) in Doha, Qatar, and London, he said in an interview, here, recently.
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