Company Overview and News

KLCI remains marginally lower, construction stocks fall

2018-10-08 theedgemarkets
KUALA LUMPUR (Oct 8): The FBM KLCI remained marginally in the negative zone, having pared much of its losses in the morning session today, against the backdrop of weaker regional markets.
SPMXF 7036 5681 5263 BATS 4162 1163 5256 7123 5199 SPMXY 5225 3026 3301 3867 1899 Q0F IHHHF HIPEF GEBHF

KLCI pares loss, remains in red tracking regional markets

2018-10-08 theedgemarkets
KUALA LUMPUR (Oct 8): The FBM KLCI pared some of its loss at mid-morning today, but remained in the negative zone in line with its key regional peers.
HLFBF SPMXF UPBMF 7036 1082 7113 TPGVF BATS 4162 7087 2089 9334 7123 TGLVY SPMXY 5225 3026 3301 0026 1899 Q0F IHHHF GEBHF

FBM KLCI notches limited gains as region stays muted

2018-10-01 theedgemarkets
KUALA LUMPUR (Oct 1): The FBM KLCI notched up limited gains at the midday break today as decliners overtook advancers, against the backdrop of mixed regional markets.
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FBM KLCI pares gains, subdued in line with region

2018-10-01 theedgemarkets
KUALA LUMPUR (Oct 1): The FBM KLCI pared some of its gains at mid-morning, keeping the local index subdued in line with the regional markets on the first trading day of the fourth quarter.
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Over 55,000 Penang PKR members go to polls today

2018-09-22 malaymail
GEORGE TOWN, Sept 22 — A total of 55,132 PKR members from 13 divisions in Penang are eligible to vote today.

Eco Horizon to launch Brydon semidees and bungalows by year-end

2018-09-18 theedgemarkets
PENANG: Eco World Development Group Bhd (EcoWorld) will be launching the first phase of its Brydon collection of semi-detached houses and bungalows in its Eco Horizon township development at Batu Kawan, Penang in the fourth quarter of the year (4Q18).
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Underutilisation issue not expected for Mi Equipment

2018-09-18 theedgemarkets
Mi Equipment Holdings Bhd (Sept 14, RM2.93) Maintain buy with a higher target price (TP) of RM3.49: In our view, Mi Equipment Holdings Bhd has made a significant breakthrough in the second quarter of 2018 (2Q18) whereby it delivered its first units of Si- and Li-series equipment, which essentially opens itself to the fan out wafer level packaging sorting equipment (Li series) and testing equipment (Si series).

Housing Minister proposes guidelines to set up more fire stations

2018-09-11 malaymail
SEBERANG PERAI, Sept 11 — Housing and local government minister Zuraida Kamaruddin today proposed that new guidelines are drawn to study the setting up of more fire stations at every township.

Zuraida confirms no official meeting to discuss seat for Anwar

2018-09-11 malaymail
SEBERANG PERAI, Sept 11 ― PKR’s Zuraida Kamaruddin confirmed that there was no official meeting by the party leadership to discuss which seat will be vacated for party president-elect Datuk Seri Anwar Ibrahim.

Education group: Unreasonable to deny Chinese schools federal funds, land

2018-09-11 malaymail
KUALA LUMPUR, Sept 11 — Putrajaya should allocate federal funds and land for new Chinese primary schools or SJKCs like those for national schools, said a Chinese education group.

Press Metal makes debut on Forbes Asia’s list

Press Metal, started by chief executive officer Tan Sri Koon Poh Keong(filepic) and his six brothers, generated US$2bil in annual revenue with a net profit of US$138mil last year.
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Two Malaysian firms in Forbes Fab 50 list, one makes magazine’s cover

2018-09-06 malaymail - 1
KUALA LUMPUR, Sept 6 ― Malaysia’s Press Metal Aluminium and Batu Kawan both squeezed into this year’s Forbes 50 list that was increasingly dominated by Chinese corporations.
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Paramount Q2 earnings 134% higher on disposal of land

PETALING JAYA: Paramount Corp Bhd’s net profit for the second quarter to June 30, 2018 jumped 133.92% to RM42.3mil mainly attributable to the disposal of 9.4 acres of industrial land in Kota Damansara (KD). Without this contribution, profits would have been slightly lower.

Giant warehouse sets national record

BATU KAWAN: The 12 Waves, PKT Logistics’ integrated logistic hub in the north, is the longest warehouse in the country and the biggest single-storey warehouse in Malaysia.

Malaysian stocks start week on positive note

2018-08-20 theedgemarkets
KUALA LUMPUR (Aug 20): Malaysian stocks started the week on a positive note, as selected heavyweight counters like Petronas Chemicals Group Bhd, Axiata Group Bhd and DiGi.Com Bhd lifted the benchmark FBM KLCI up 4.11 points or 0.23% despite negative market breadth.
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