Company Overview and News
(Sept 7): Most Southeast Asian stock markets fell on Friday in line with broader Asia, as investors feared a new round of Sino-U.S. tariffs, while lingering economic woes in emerging markets also hit sentiment.
KUALA LUMPUR (Sept 7): The FBM KLCI remained under pressure at midday break today and struggled to defend its 1,800-point level.
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KUALA LUMPUR (Sept 7): The FBM KLCI pared some of its gains at mid-morning today amid some chopping trading as regional markets slipped.
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KUALA LUMPUR (Sept 5): CIMB IB Research said August was a good month for the KLCI as the market ended on a positive note despite disappointing 2Q GDP growth and a soft corporate earnings season but said the stock market could be volatile in the months ahead.
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The FBM KLCI climbed to its highest level in three months last week in a mixed global market on higher crude and crude palm oil prices. However, the last two trading days were directionless as the market started to take profits after the index rose to a three-month high. The FBM KLCI increased 0.6% in a week to 1,819.66 points last Thursday. Not much movement in the market this week and the index closed at 1,812.
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KUALA LUMPUR: Econpile Holdings Bhd , Destini Bhd , Sentoria Group Bhd and Dayang Enterprise Holdings Bhd are among the stocks to watch today, according to JF Apex Research.
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KUALA LUMPUR (Aug 29): Genting Bhd’s net profit for the second quarter of its financial year ending Dec 31, 2018 (2QFY18) slipped 16% year-on-year to RM383.52 million from RM454.14 million, dragged by reduced earnings from its overseas leisure and hospitality businesses, as well as lower plantation and power contributions.
KUALA LUMPUR (Aug 10): The FBM KLCI pared some of its gains at midday today as decliners overtook advancers, tracking the sentiment at most regional markets.
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Genting Bhd (Aug 6, RM8.69) Retain outperform with an unchanged target price of RM11.50: Genting Singapore plc, a 52.7% subsidiary of Genting Bhd, reported a net profit of S$177.6 million (RM724.61 million) for the second quarter of financial year 2018 (2QFY18), posting a year-on-year (y-o-y) growth of 23.9%. The results were in line with our and consensus full-year forecasts for Genting Singapore.
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THE Edge Media Group and partners are celebrating Corporate Malaysia’s best-performing companies and top responsible organisations at The Edge Billion Ringgit Club (BRC) gala dinner for the ninth straight year.
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2018-09-18 - Asif
Overview Rigel Pharmaceuticals is a biotechnology company dedicated to discovering, developing and providing novel small molecule drugs that significantly improve the lives of patients with immune and hematologic disorders, cancer and rare diseases. The company's pioneering research focuses on signaling pathways that are critical to disease mechanisms. The company's first FDA-approved product is TAVALISSE™ (fostamatinib disodium hexahydrate), an oral spleen tyrosine kinase (SYK) inhibitor, for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. The company's current clinical programs include Phase 2 studies of fostamatinib in autoimmune hemolytic anemia and IgA nephropathy, and a Phase 1 study for its IRAK program. In addition, Rigel Pharmaceuticals has product candidates in development with partners BerGenBio AS, Daiichi Sankyo, and Aclaris Therapeutics. Since inception, Rigel Pharmaceuticals h...
2018-09-18 - Asif
Overview The company design, develop and sell exoskeleton technology to augment human strength, endurance and mobility. The company's exoskeleton technology serves multiple markets and can be used both by able-bodied users as well as by persons with physical disabilities. Ekso Bionics has sold, rented or leased devices that (a) enable individuals with neurological conditions affecting gait (stroke and spinal cord injury) to rehabilitate and to walk again and (b) allow industrial workers to perform heavy duty work for extended periods. Today, its medical exoskeleton, Ekso GT, is used as a rehabilitation tool to allow physicians and therapists to rehabilitate patients who have suffered a stroke or spinal cord injury. With its unique features designed specifically for hospitals and its proprietary SmartAssist software, Ekso GT allows for the early mobilization of patients, with high step count and high dosage treatments. The intent is to allow the patient’s central nervous syst...
2018-09-18 - Asif
Overview Agile Therapeutics is a forward-thinking women’s healthcare company dedicated to fulfilling the unmet health needs of today’s women. Twirla® and its other current potential product candidates are designed to provide women with contraceptive options that offer greater convenience and facilitate compliance. The company's lead product candidate, Twirla, also known as AG200-15, is a once-weekly prescription contraceptive patch that is at the end of Phase 3 clinical development. Since its inception in 1997, Agile Therapeutics has devoted substantial resources to developing Twirla, building its intellectual property portfolio, business planning, raising capital and providing general and administrative support for these operations. The company incurred research and development expenses of $14.4 million, $20.9 million and $25.6 million during the years ended December 31, 2017, 2016 and 2015, respectively. The company incurred research and development expenses of $2.4 milli...
as of ET