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AmInvest Research retains Hold for Axiata after Nepal govt seeks capital gains tax

18 Apr 2019 - The Star Online
KUALA LUMPUR: AmInvestment Research is maintaining its hold call on Axiata Group with unchanged forecasts and fair value of RM3.86 a share after Axiata-Ncell was required to pay capital gains tax. The research house said on Thursday this incorporates a 25% holding company discount to its sum-of-parts-based ...
klse:6888

Lubrizol to Feature New Bio TPU Grades for 3D Printing and Molded Parts at Plastteknik Fair 2019

18 Apr 2019 - ACN Newswire
Lubrizol Engineered Polymers and Bjorn Thorsen A/S, their Nordics distributor, will be presenting high-performing Bio TPU(TM) (thermoplastic polyurethane) portfolio and new launches at the upcoming Plastteknik fair in Malmo, Sweden May 8-9 at booths #C.06 and C.07.High-performing Pearlthane(TM) ECO solutions, ...

Sarawak O&G players set to gain under Petros

18 Apr 2019 - The Star Online
PETALING JAYA: Sarawak oil and gas players are set to benefit as the state transitions into the new administration of its oil resources under Petroleum Sarawak Bhd (Petros), with plans to increase local participation in the industry. UOB Kay Hian Research singled out Serba Dinamik Holdings Bhd as among ...
klse:5126

Resorts World units issue US$1bil debt notes

18 Apr 2019 - The Star Online
KUALA LUMPUR: Genting Bhd ’s units Resorts World Las Vegas LLC (RWLV) and RWLV Capital Inc have issued up to US$1bil of 4.625% senior notes due 2029. It said the notes were issued on Tuesday and listed on the Singapore Exchange Securities Trading Ltd yesterday. “Concurrent with the issuance of the notes, ...
klse:3182 sgx:g13 usx:lvs

Guocoland posts Q3 loss, sees lacklustre property market

17 Apr 2019 - The Star Online
KUALA LUMPUR: Guocoland (M) Bhd, the property firm controlled by billionaire Tan Sri Quek Leng Chan reported a loss in the third quarter ended March 31 on lower sales of completed units. The company expects the domestic property market to remain lacklustre in the subsequent period of year 2019 due to ...
klse:1503 sgx:f17

KLCI lowest since Dec 2016 on Maybank, Tenaga losses

17 Apr 2019 - The Star Online
KUALA LUMPUR: A slide in Maybank and Tenaga Nasional shares sent the FBM KLCI to the lowest close since December 2016 while the ringgit extended its decline against the US dollar. At 5pm, the KLCI was down 8.56 points or 0.53% to 1,620.90 and Bursa was the only bourse in the red. Year-to-date, the index ...
klse:5347 klse:1155

Maybank slips on exposure to Hyflux

17 Apr 2019 - The Star Online
KUALA LUMPUR: Shares of Malayan Banking Bhd (Maybank) fell to a low of RM9.01 on Wednesday in a knee-jerk reaction to news that Singapore's PUB would take over Hyflux's Tuaspring desalination plant in the island nation. At 3.23pm, it was down 19 sen to RM9.02 and the decline weighed on the FBM KLCI. ...
sgx:600 klse:1155

Resorts World units issue US$1b debt notes

17 Apr 2019 - The Star Online
KUALA LUMPUR: Genting Bhd 's units Resorts World Las Vegas LLC (RWLV) and RWLV Capital Inc.have issued up to US$1bil of 4.625% senior notes due 2029. It said the notes were issued on Tuesday and listed on the Singapore Exchange Securities Trading Ltd on Wednesday. “Concurrent with the issuance of the ...
klse:3182 sgx:g13 usx:lvs

CIMB Research retains Hold, TP of 37c for Sapura Energy

17 Apr 2019 - The Star Online
KUALA LUMPUR: CIMB Equities Research is retaining its Hold call for Sapura Energy with an unchanged sum-of-parts based target price of 37 sen as it may need more time to return to the black. The research house said on Wednesday Sapura Energy announced several contracts on April 12, and more could follow ...
klse:5218

KLCI wavers as KL Kepong, Axiata lead decliners

17 Apr 2019 - The Star Online
KUALA LUMPUR: Blue chips got off to a cautious start on Wednesday in the absence of any strong firm leads from funds with KL Kepong and Axiata weighing on the FBM KLCI. At 9.20am, the KLCI was down 2.17 points or 0.13% to 1,627.29. Turnover was 248.01 million shares valued at RM81.59mil. There were 129 ...