Company Overview and News

KLCI seen trending sideways, hover below 1,805-level

2018-10-03 theedgemarkets
KUALA LUMPUR (Oct 4): The FBM KLCI is expected to trend sideways today, in line with the slight gains at most regional markets and hover below the 1,805 level.
4863 5738 6888 7168 AXXTF MYTEF

Axiata, Maxis, TM, TIME, APFT, Country Heights and PRG

2018-10-03 theedgemarkets
KUALA LUMPUR (Oct 3): Based on corporate announcements and news flow today, companies in focus on Thursday (Oct 4) may include: Axiata Group Bhd, Maxis Bhd, Telekom Malaysia Bhd, TIME dotcom Bhd, APFT Bhd, Country Heights Holdings Bhd and PRG Holdings Bhd.
4863 5738 6888 7168 AXXTF MYTEF

Trading ideas: IHH, MAHB, Westports, YFG, Marine & General

KUALA LUMPUR: IHH Healthcare Bhd , Malaysia Airports Holdings Bhd (MAHB), Westports Holdings Bhd , YFG Bhd and Marine & General Bhd are among the stocks to watch on Monday, according to JF Apex Research.
4995 5225 7168 MYPRY Q0F 5246 IHHHF 5014 7099

KLCI to take cue from global markets, struggle to defend 1,800-point level

2018-08-12 theedgemarkets
KUALA LUMPUR (Aug 13): The FBM KLCI is seen starting the week on a flat note and struggle to defend the 1,800-point level, tracking the weaker close at most global markets last Friday.
7223 7168 7027 0082 5246 9695 5025 5014 CIMDF 1023 5754 4995 7219 MYPRY

MSC, Westports, YFG, Marine & General, NWP, Minetech, GPacket, MAHB, PRG, CIMB Group, Utusan Melayu, Versatile Creative and Petrol One Resources

2018-08-11 theedgemarkets
KUALA LUMPUR (Aug 10): Based on corporate announcements and news flow today, stocks in focus on Monday may include the following: Malaysia Smelting Corp Bhd, Westports Holdings Bhd, YFG Bhd, Marine & General Bhd, NWP Holdings Bhd, Minetech Resources Bhd, Green Packet Bhd, Malaysia Airports Holdings Bhd, PRG Holdings Bhd, CIMB Group Holdings Bhd, Utusan Melayu (Malaysia) Bhd, Versatile Creative Bhd, PLS Plantations Bhd, Petrol One Resources Bhd and Jadi Imaging Holdings Bhd.
7223 7168 7027 0082 5246 9695 7099 5025 5014 CIMDF 1023 5754 4995 7219 MYPRY

PRG's HK-listed unit Furniweb sees 1H net profit drop 76% on lower sales

2018-08-10 theedgemarkets
KUALA LUMPUR (Aug 10): Hong Kong-listed Furniweb Holdings Ltd, a 75%-owned subsidiary of PRG Holdings Bhd, saw its net profit plummet 76.1% to RM612,000 in the cumulative six months ended June 30, 2018 (1HFY18) from RM2.56 million a year ago, on lower sales.
7168 BSMAF 1818

Trading ideas: PRG, KKB, Axis REIT, Only World, IJM Plantations

KUALA LUMPUR: JF Apex Research expects PRG Holdings Bhd , KKB Engineering Bhd , Axis Real Estate Investment Trust (Axis REIT), Only World Group Holdings Bhd and IJM Plantations Bhd to generate trading interest following their latest news.
5106 5260 2216 7168 9466

KLCI seen trending sideways, immediate support at 1,764

2018-08-06 theedgemarkets
KUALA LUMPUR (Aug 7): The FBM KLCI is seen trending sideways today with immediate support at 1,764, despite the firmer overnight close at most global markets, as buying support at the local bourse is likely to be lukewarm.
0177 5106 5260 7168 1481 9466

SD Plantation, PRG, Pasukhas, KKB, SKH, Axis REIT, OWG, MCT and Advance Synergy

2018-08-06 theedgemarkets
KUALA LUMPUR (Aug 6): Based on corporate announcements and news flow today, stocks in focus for Tuesday (Aug 7) may include the following: Sime Darby Plantation Bhd, PRG Holdings Bhd, Pasukhas Group Bhd, KKB Engineering Bhd, SKH Consortium Bhd, Axis Real Estate Investment Trust, Only World Group Holdings Bhd, MCT Bhd and Advance Synergy Bhd.
0177 5106 5260 7168 BSMAF 1481 9466 1818

PRG's Hong Kong unit issues profit warning

KUALA LUMPUR: PRG Holdings Bhd 's 75%-owned Furniweb Holdings Ltd has warned that there was a substantial 75% decline in its net profit in the first half of 2018 as compared to the previous corresponding period. Furniweb, which was listed on the Growth Enterprise Market (GEM) of the Hong Kong stock exchange in 2017, issued the profit warning on Monday. It said the group's profitability for the period was affected by a decrease in sales volume due to reduced orders from major customers, a negative impact from the ringgit's appreciation against the US dollar, increased weighing of fixed overheads over total cost of sales due to lower production volume, and additional corporate expenses.

PRG says HK-listed subsidiary Furniweb issues profit warning

2018-08-06 theedgemarkets
KUALA LUMPUR (Aug 6): PRG Holdings Bhd's 75%-owned Hong Kong-listed subsidiary Furniweb Holdings Ltd had today issued a profit warning after a preliminary review of Furniweb's unaudited accounts for the six months ended June 30, 2018 (1HFY18).
7168 BSMAF 1818

KLCI could slip below 1,700-level as trade war fears escalate

2018-06-20 theedgemarkets
KUALA LUMPUR (June 20): The FBM KLCI could slip below the 1,700-point level today, as local investor sentiment could take a beating in line with the overnight fall at most global markets.
TGLVY 9385 5226 7113 7168 TPGVF 7077

PRG takeover of Roopi Medical may not happen

“The parties are in the midst of discussion on amongst others, an extension of time for the fulfilment of the said conditions precedent. “In the event the parties are not able to agree upon the proposed extension, the parties would have been entitled to terminate the share sale agreement and properties sale and purchase agreements by issuing a notice of termination to the other party,” PRG said.

Top Glove, GSB, Kerjaya Prospek, PRG, Gabungan AQRS, Press Metal, Lay Hong and AirAsia

2018-06-19 theedgemarkets
KUALA LUMPUR (June 19): Based on corporate announcements and news flow today, companies that may be in focus on Wednesday (June 20) may include the following: Top Glove Corp Bhd, GSB Group Bhd, Kerjaya Prospek Group Bhd, PRG Holdings Bhd, Gabungan AQRS Bhd, Press Metal Aluminium Holdings Bhd, Lay Hong Bhd and AirAsia Group Bhd.
TGLVY 9385 5226 8869 7113 7168 TPGVF BSMAF 7077 1818

PRG in talks to extend deadline for the purchase of healthcare service provider and related properties

2018-06-19 theedgemarkets
KUALA LUMPUR (June 19): PRG Holdings Bhd is in talks with the relevant parties to extend the deadline for the proposed purchase of healthcare services provider Roopi Medical Centre Sdn Bhd for RM7.29 million and related properties from Linecom Corp Sdn Bhd for RM11 million cash.
7168 BSMAF 1818

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