Company Overview and News

Aeon Credit gets stay of notices for extra assessment, gets new chairman

In a separate filing, Aeon announced the redesignation of its director, Ng Eng Kiat, to independent and non-executive chairman of the company.

Foreign funds sell RM438.4mil of Malaysian shares ahead of GE14

KUALA LUMPUR: Global investors turned net seller for the first time in four weeks in the penultimate week before the 14th General Election (GE14), according to MIDF Research.

Trading ideas: Uzma, Aeon Credit, EcoFirst, Pantech

KUALA LUMPUR: Uzma Bhd , Aeon Credit Service (M) Bhd , EcoFirst Consolidated Bhd and Pantech Group Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.

Aeon Credit net profit grows 13.2% in financial year 2018

KUALA LUMPUR: Aeon Credit Service (M) Bhd saw its net profit grow 13.2% to RM300.06mil for the financial year ended Feb 28, 2018 (FY18), compared with RM265.03mil a year ago.

Bursa Malaysia stays higher at mid-morning

2018-03-30 themalaymailonline
At 11.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was trading at 1,861.28, up 4.93 points from Thursday’s close of 1,856.35. — Picture by Azneal IshakKUALA LUMPUR, March 30 ― Bursa Malaysia stayed higher at mid-morning today on persistent buying interest in selected heavyweights, dealers said.

Aeon Credit files appeal against Inland Revenue Board

2018-03-07 themalaymailonline
The High Court has dismissed Aeon Credit Service's application for a judicial review of additional assessments and penalties by tax authorities. — Google image PETALING JAYA, March 7 — Aeon Credit Service (M) Bhd filed a legal appeal after its judicial review of additional assessments and penalties by tax authorities were dismissed by the High Court, The Star reported.

Aeon Credit files appeal over additional taxes by IRB

PETALING JAYA: Aeon Credit Service (M) Bhd has filed a legal appeal after its judicial review of additional assessments and penalities by the taxman totalling RM96.81mil was dismissed by the High Court.

Analysts positive on Aeon’s digital transformation

As expected: Aeon Credit results for the third quarter ended Nov 30 is within market expectations

Aeon Credit shares down despite better earnings

KUALA LUMPUR: Aeon Credit Service (M) Bhd ’s share price fell 1.16% in early trade despite reporting higher net profit for the third quarter ended Nov 30, 2017.

Aeon Credit’s profit up on higher revenue

During the quarter in review, the consumer financing provider saw revenue growing 11.4% to RM312.3mil. The company’s earnings per share (EPS) rose to 28.86 sen from 27.32 sen previously. For the cumulative nine-month period, Aeon Credit’s net profit increased 17.7% to RM217.7mil.

Aeon Credit sees steady growth, no material impact arising from additional tax bill

KUALA LUMPUR: Aeon Credit Service Bhd sees no material impact arising from the recent additional tax bill, as the company keeps a steady growth outlook for the financial year ending Feb 28, 2018 (FY18).

IRB slaps Aeon Credit with RM97mil additional tax bill

KUALA LUMPUR: Aeon Credit Service Bhd said it had been served with notices of additional assessment and penalties totalling almost RM97mil from the taxman.

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