Company Overview and News

Steel still in demand

The steel industry, being one of the main arteries of the industrial age continues to be in demand till this very day given the metal’s widespread usage in various other industries.
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Spotlight on CIMB

The face of CIMB: Nazir has spent close to three decades at the banking group, with 15 of those years as CEO.
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Trading ideas: Sapura Energy, CMS, Southern Steel, Dayang, Axiata

KUALA LUMPUR: JF Apex Research expects Sapura Energy Bhd , Cahya Mata Sarawak Bhd (CMSB), Southern Steel Bhd , Dayang Enterprise Holdings Bhd and Axiata Group Bhd to be among the stocks to watch on Monday.
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Sapura Energy, PUC, Axiata, Cahya Mata Sarawak, Magnum, Southern Steel, Dayang Enterprise, SKP Resources, MMC, MSM, Pos Malaysia, Paramount and Adventa

2018-08-24 theedgemarkets
KUALA LUMPUR (Aug 24): Based on corporate announcements and news flow today, companies that will be in focus on Monday (Aug 27) may include: Sapura Energy Bhd, PUC Bhd, Axiata Group Bhd, Cahya Mata Sarawak Bhd, Magnum Bhd, Southern Steel Bhd, Dayang Enterprise Holdings Bhd, SKP Resources Bhd, MMC Corp Bhd, MSM Malaysia Holdings Bhd, Pos Malaysia Bhd, Paramount Corp Bhd and Adventa Bhd.
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Southern Steel posts RM211mil profit in FY18

KUALA LUMPUR: Southern Steel Bhd 's net profit more than doubled to RM211.25mil for the financial year ended June 30, 2018 (FY18) from RM95.19mil a year ago.
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Southern Steel’s 4Q net profit jumps to RM35.2m on higher sales volume, net margin

2018-08-24 theedgemarkets
KUALA LUMPUR (Aug 24): Southern Steel Bhd’s fourth quarter net profit grew by more than six times to RM35.21 million from RM5.57 million a year earlier, on higher sales volume and net margin.
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Steel sector to be hit by more global headwinds, says MIDF Research

2018-08-13 theedgemarkets
KUALA LUMPUR (Aug 13): Malaysia's steel sector is likely to experience further headwinds, as global demand is likely to be further hit by shaky demand from China's waning construction sector, in addition to risks from trade war tariffs, said MIDF Amanah Investment Bank Bhd Research.
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Steel stocks on a roll

KUALA LUMPUR: Shares of steel companies on Bursa Malaysia traded higher in early trade Tuesday as metal prices became firmer.
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