Company Overview and News

Stop missing out on important events!

Fintel provides real time notifications of important company events such as major investments (13D/G filings), insider trades (SEC form 4), and important SEC filings. Sign up and create your company alerts for free.

Headline News

Axiata unit eyeing data centre in Sri Lanka

PETALING JAYA: Axiata Group Bhd subsidiary is venturing into data centre business in Sri Lanka by buying a 35% stake in Digital Reality (Private) Ltd for 262.5 million Sri Lankan rupees (RM6.62mil). (6-0)

PNB funds reach RM279b, 98pc invested locally

2018-03-18 themalaymailonline
Tan Sri Abdul Wahid Omar said PNB is today Malaysia’s largest fund manager. — Picture by Zuraneeza ZulkifliKUALA LUMPUR, March 18 — Permodalan Nasional Bhd (PNB), established some 40 years ago, is today the country’s largest fund manager, managing funds worth RM279 billion, said its Group Chairman, Tan Sri Abdul Wahid Omar. (19-0)

Iris mulls bidding for connected cars project

Auto data: Connected cars are vehicles that are equipped with Internet access which enables data applications. This helps provide better insight on driving patterns, behaviour and car conditions through real-time diagnostics and predictive maintenance. (2-0)

Can Aircel be saved?

Deep pockets: Will Mukesh, the chairman and managing director of Reliance Industries, save Aircel as it has some good assets? — Reuters (18-0)

Competition to bite into telcos’ revenue growth

While most of the telco players expect between a 3% and 4% revenue growth, Axiata Group Bhd, which has a strong regional presence, expects 6.3% and an earnings before interest, taxes, depreciation and amortisation of 5.8%. Competition remains a feature, but some analysts do not foresee major price wars erupting that could escalate extra costs for the telco players. (2-0)

Axiata: No re-merger talks underway with TM

2018-02-23 themalaymailonline
Axiata Group Chief Executive Officer Tan Sri Jamaludin Ibrahim speaks during a press conference in Kuala Lumpur February 22, 2018. — Picture by Abdul Razak GhazaliKUALA LUMPUR, Feb 23 — There are no ongoing re-merger talks with Telekom Malaysia Bhd (TM), despite the potential synergies, accordint to Axiata Group Bhd president and group chief executive officer Tan Sri Jamaludin Ibrahim. (2-0)

Trading ideas: Muhibbah Engineering, Gas Malaysia, Vivocom, SD Plantations

KUALA LUMPUR: JF Apex Research expects Muhibbah Engineering (M) Bhd , Gas Malaysia Bhd , Vivocom International Holdings Bhd , Sime Darby Plantations Bhd and Axiata Group Bhd to be among the stocks to watch on Friday. (9-0)

Axiata announces record revenue of RM24.4b last year

2018-02-22 themalaymailonline
Axiata said its revenue growth was attributed from the strong contributions across its mobile operating companies. — Reuters picKUALA LUMPUR, Feb 22 — Axiata Group Bhd registered an increase of 13.2 per cent for its 2017 revenue to RM24.4 billion, compared to RM21.6 billion in the previous year. (2-0)

Diary Malaysia 2018 corporate earnings

KUALA LUMPUR: Following is a list of release dates for the quarterly earnings of some top Malaysia-listed companies. (42-0)

Axiata Group shares slip in early trade on news of dilution

2018-02-14 themalaymailonline
An Axiata logo is seen at its headquarters in Kuala Lumpur January 3, 2013. — Reuters picKUALA LUMPUR, Feb 14 — Axiata Group Bhd’s shares slipped in early trade today on news of a dilution of its shareholding in Indian associate, Idea Cellular Ltd,  resulting in it facing an estimated loss of RM151.5 million for the financial year ending Dec 31, 2018. (10-0)

Most South-east Asia stocks climb as Wall Street bounces back

2018-02-12 themalaymailonline
Vietnam shares rebound as much as 1.5 per cent February 12, 2018. — File picSINGAPORE, Feb 12 — Most South-east Asian stocks rose today as Wall Street's recovery in the last session instilled some confidence into Asian markets. (13-0)

Most South-east Asia stocks slip on caution amid volatile global markets

2018-02-08 themalaymailonline
Malaysian shares remain largely steady, up as much as 0.2 per cent, with telecom stocks leading the gains. — Picture Ahmad ZamzahuriSINGAPORE, Feb 8 — Most South-east Asian stock markets edged lower today, signalling caution, as Wall Street's early gains overnight fizzled out, leaving investors wary of further volatility in the global markets. (9-0)

Mixed views on market selldown

Volatile market: A punter watching trading boards at a private stock market gallery in Kuala Lumpur. The FBM KLCI closed 24.23 points up yesterday after falling 40.62 points Tuesday. — AP (26-0)

Telecom players to pay MCMC RM2.8b for spectrum

PETALING JAYA: Maxis Bhd , Axiata Group Bhd and Digi.Com Bhd have each paid RM118.4mil for the reissuance of the existing spectrum assignment in various bandwidths from the Malaysian Communications and Multimedia Commission (MCMC). (6-0)

Short position

Just when Malaysia’s solar manufacturing industry was riding high – a billion ringgit ecosystem which produced 12% of total global output in 2016 – the sector seems to be falling out of grace again. The US’ move to slap a 30% import tariff on solar panel imports is hitting major producers around the world. (6-0)