Company Overview and News

Tri-Mode System banks on HiClicks to ride e-commerce wave

2018-10-16 theedgemarkets
Hew: We give you the freedom to shop anywhere in Japan, Taiwan, South Korea and the US.
4634 0078 8397 5267

Higher property sales seen to lift Tiong Nam’s 2QFY19 earnings

2018-08-29 theedgemarkets
Tiong Nam Logistics Holdings Bhd (Aug 28, RM1.01) Upgrade to buy with an unchanged target price (TP) of RM1.10: Tiong Nam Logistics Holdings Bhd’s core profit for the first quarter of financial year 2019 (1QFY19) of RM8.1 million accounted for 18.1% of our full-year forecast and 17.3% of consensus estimates. We consider the result within expectations as we expect 2QFY19 earnings will be lifted by higher property sales during the zero-rated goods and services tax (GST) period.

Tiong Nam 1Q net profit jumps on growth in logistics and warehousing services

2018-08-27 theedgemarkets
KUALA LUMPUR (Aug 27): Tiong Nam Logistics Holdings Bhd’s first quarter net profit rose 7.1 times to RM4.86 million or 1.07 sen per share, from RM683,000 or 0.16 sen per share a year ago, on growth in its logistics and warehousing services segment and narrower losses in the investments segment.

Tech: Muted interest in logistics counters

2018-07-04 theedgemarkets
ALIBABA Group opened an office in Bangsar South, Kuala Lumpur, last Monday — a reflection of the group’s commitment to Malaysia. While he was in town for the opening, executive chairman Jack Ma met Prime Minister Tun Dr Mahathir Mohamad in Putrajaya for an hour.
4634 0078 MYPRY 8397 BSMAF 5014 1818

Wong Engineering to expand via M&A

2018-07-02 theedgemarkets
KUALA LUMPUR: Little-known Kedah-based firm Wong Engineering Corp Bhd (WEC) has certainly caught investors off guard with its rapid earnings growth over the past two years.

Tiong Nam Logistics unit buys land in JB

KUALA LUMPUR: Tiong Nam Logistics Holdings Bhd 's subsidiary Medini Heritage Sdn Bhd has acquired 40.6 ha of vacant land from Prestij Sdn Bhd in Johor Bahru for RM40.21mil.
8397 BSMAF 1818

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