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Tech players report lower earnings

22 Feb 2019 - The Star Online
PETALING JAYA: Technology players Malaysian Pacific Industries Bhd (MPI) and Inari Amertron Bhd have reported lower earnings for the second quarter of their financial year ending June 30, 2019 (2Q19), amid reports of a sharp decline in global smartphone sales. During the quarter in review, MPI saw its ...
klse:0166 klse:3867

AirAsia X reports RM99mil net loss in Q4

21 Feb 2019 - The Star Online
KUALA LUMPUR: AirAsia X Bhd posted a net loss in the October-December period, extending its losing streak for a third straight quarter, on higher fuel cost and increased finance expenses. It has been another tough period for the long-haul budget carrier. Revenue fell 6% to RM1.148bil in the three months ...

CIMB, Tenaga shore up KLCI to higher close

21 Feb 2019 - The Star Online
KUALA LUMPUR: Firm fund buying of CIMB, Tenaga and Press Metal, especially in late trading on Thursday, enabled the FBM KLCI to extend its rally for the fourth day. At 5pm, the KLCI was up 4.5 points or 0.26% to 1,730.68 – the highest since Oct 19, 2018 – after being in the red most of the day. Turnover ...
klse:5347 klse:8869

AMMB Q3 net profit jumps nearly 60% to RM349.8m

21 Feb 2019 - The Star Online
KUALA LUMPUR: AMMB Holdings Bhd 's earnings climbed by 59.7% to RM349.87mil in the third quarter ended Dec 31, 2019 from a year ago, boosted by higher lending volume, lower cost base and increase in recoveries. The banking group announced on Thursday the net profit a year ago was RM218.97mil. Its revenue ...

KLCI extends rally to highest since mid-October

20 Feb 2019 - The Star Online
KUALA LUMPUR: Sustained fund buying of Petronas Chemical, Axiata and Genting Bhd helped push the FBM KLCI to a higher close on Wednesday as trading volume and value surged, tracking the exuberant key Asian markets. At 5pm, the KLCI was up 19.62 points or 1.15% to 1,726.18 – the highest since mid October. ...
sgx:g13 klse:6888 klse:3182

CCM Duopharma soon to be known as 'Duopharma Biotech'

20 Feb 2019 - The Star Online
KUALA LUMPUR: CCM Duopharma Biotech Bhd has obtained shareholders' approval to rename itself Duopharma Biotech Bhd. It said in a statement that the new name will take effect from the date of issuance of the Notice of Registration of New Name by the Companies Commission of Malaysia to the company

Quick take: SunCon shares boosted by RM781mil contract win

20 Feb 2019 - The Star Online
KUALA LUMPUR: Shares in Sunway Construction Group Bhd (SunCon) were boosted in early trade Tuesday after announcing a RM781.3mil contract from Tenaga Nasional Bhd . SunCon shares gained 4.22%, or seven sen to RM1.73 with 863,300 shares traded.
klse:5263 klse:5211 klse:5347

Sunway Construction on track for RM1.5b job win target for FY19

20 Feb 2019 - The Star Online
KUALA LUMPUR: Having secured the RM781mil contract for the development of the Tenaga Nasional HQ campus (Phase II), Sunway Construction remains on track to achieve its RM1.5bil replenishment target for FY19E, says Maybank Investment Bank Research. The research house said on Wednesday its orderbook of ...

Boustead accepts Hotel Royal offer to buy Royale Chulan Bukit Bintang

19 Feb 2019 - The Star Online
KUALA LUMPUR: Boustead Holdings Bhd has accepted a Singapore-based company's offer to buy Royale Chulan Bukit Bintang Hotel for RM197mil. "With this attractive offer price, we are of the view that this is the right time to dispose of this hotel,” it said in a statement today.

Pesona Metro bags RM408.8m contract from MRCB

19 Feb 2019 - The Star Online
KUALA LUMPUR: Pesona Metro Holdings Bhd has secured a RM408.80mil contract from Malaysian Resources Corporation Bhd (MRCB) to build three blocks of apartments. Pesona Metro said its unit Pesona Metro Sdn Bhd had on Tuesday received the letter of acceptance from MRCB Builders Sdn Bhd for the superstructure ...
sgx:m01 klse:8311 klse:1651