Company Overview and News
KUALA LUMPUR: The Malaysian Iron and Steel Industry Federation (Misif) has called for a three-year moratorium on natural gas price hikes by maintaining it at RM32.52 per one million British thermal unit (mmbtu) for the local iron and steel players.
KUALA LUMPUR (June 18): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. One had positive momentum while four showed negative momentum.
5209 BSMAF 1818
KUALA LUMPUR (June 18): The Federation of Malaysian Manufacturers (FMM) is urging the Pakatan Harapan government to maintain the current electricity tariff rates, to help relieve energy cost burden on the manufacturing sector.
Gas Malaysia Bhd (June 14, RM2.94) Downgrade to market perform with an unchanged target price (TP) of RM3.05: Last Wednesday, Gas Malaysia Bhd announced that the government had approved the half-yearly natural gas base tariff rate revision for non-power sectors in Peninsular Malaysia to RM31.92 per million British thermal unit (mmbtu) on average for July 2018 to December 2018 from RM30.90/mmbtu in January 2018 to June 2018, which is in line with the national rationalisation plan and gas cost pass-through (GCPT) announced in December 2016.
PNADF 5347 5209 TNABY TNABF PNAGF 6033
KUALA LUMPUR, June 14 — Kenanga Investment Bank has downgraded Gas Malaysia Bhd to market perform from outperform as it believes all positives have already been priced-in following a seven per cent run in its share price in the past two weeks.
KUALA LUMPUR: JF Apex Research expects GFM Services Bhd, Supermax Corp Bhd , Petra Energy Bhd , E.A Technique (M) Bhd) and Gas Malaysia Bhd to be among the stocks to watch today.
SPMXY 5209 SPMXF 5133
KUALA LUMPUR (June 13): Based on corporate announcements and news flow today, companies in focus on Thursday (June 14) may include: Supermax Corp Bhd, E.A. Technique (M) Bhd, Enra Group Bhd, Petra Energy Bhd, GFM Services Bhd, Mega First Corp Bhd and Gas Malaysia Bhd.
SPMXY 5209 SPMXF 8613 MGFCF 5133
KUALA LUMPUR (June 13): The Malaysian Gas Association (MGA) has voiced its support for the increase in natural gas tariff for Peninsular Malaysia's non-power sector.
KUALA LUMPUR (June 13): Gas Malaysia Bhd announced today the revision of natural gas base tariff for the non-power sector in Peninsular Malaysia to RM31.92/MMBtu from RM30.90/MMBtu from July 1 to Dec 31, 2018. Gas Malaysia said the government has approved the natural gas tariff hike.
5209 BSMAF 1818
KUALA LUMPUR (June 11): Based on corporate announcements and news flow today, companies in focus on Tuesday (June 12) may include: Sapura Energy Bhd, RHB Bank Bhd, Bina Darulaman Bhd, Daya Materials Bhd, Metronic Global Bhd, Meda Inc Bhd and Gas Malaysia Bhd.
4634 6173 5209 0091 BSMAF 0043 7078 1818
7h - Asif
Overview Cascadian Therapeutics is a clinical-stage biopharmaceutical company focused on the development of therapeutic products for the treatment of cancer. The company's goal is to develop and commercialize novel targeted compounds that have the potential to improve the lives and outcomes of cancer patients. The company's lead clinical-stage product candidate is tucatinib, an oral, HER2-selective small molecule tyrosine kinase inhibitor. The company's pipeline also includes two preclinical-stage product candidates: CASC-578, a Chk1 kinase inhibitor, and CASC-674, an antibody program against an immuno-oncology target known as TIGIT. 2018 Merger Agreement On January 30, 2018, the company entered into an Agreement and Plan of Merger (the Merger Agreement) with Seattle Genetics, Inc., a Delaware corporation (Seattle Genetics), and Valley Acquisition Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Seattle Genetics (Merger Sub). Pursuant to the Merger ...
8h - Asif
Business Overview The Corporation is a Delaware corporation, a bank holding company (BHC) and a financial holding company. When used in this report, “the Corporation” may refer to Bank of America Corporation individually, Bank of America Corporation and its subsidiaries, or certain of Bank of America Corporation’s subsidiaries or affiliates. The company's principal executive offices are located in Charlotte, North Carolina. Through its banking and various nonbank subsidiaries throughout the U.S. and in international markets, the company provide a diversified range of banking and nonbank financial services and products through four business segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets, with the remaining operations recorded in All Other. The company operate its banking activities primarily under the Bank of America, National Association (Bank of America, N.A. or BANA) charter. At March 31, 2018, the Corporation had a...
2018-06-18 - Asif
Business Arrowhead develops medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and efficient modes of delivery, Arrowhead therapies trigger the RNA interference mechanism to induce rapid, deep and durable knockdown of target genes. RNA interference, or RNAi, is a mechanism present in living cells that inhibits the expression of a specific gene, thereby affecting the production of a specific protein. Deemed to be one of the most important recent discoveries in life science with the potential to transform medicine, the discoverers of RNAi were awarded a Nobel Prize in 2006 for their work. Arrowhead’s RNAi-based therapeutics leverage this natural pathway of gene silencing. In fiscal 2017, Arrowhead refocused its resources on therapeutics that exclusively utilize the company’s Targeted RNAi Molecule (TRiMTM) platform technology. Therapeutics built on the TRiMTM platform have demonstrated high levels of pha...