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Yinson named one of the best companies to work for in Asia

10 Dec 2018 - The Star Online
PETALING JAYA: Integrated offshore production and offshore support services provider Yinson Holdings Bhd was awarded one of the Best Companies to Work for in Asia 2018, Malaysia edition. Yinson was among 46 local corporations selected from across the country, signifying its high levels of employee engagement, ...
klse:7293

Negative news sends Top Glove stock down almost 6%

10 Dec 2018 - The Star Online
KUALA LUMPUR: Shares of Top Glove Corp Bhd took a beating in early trade Monday following news that it was accused of forced labour. The world’s biggest glove-maker fell 5.93%, or 33 sen to RM5.57 with over 1.2 million shares done. According to reports, Britain is launching an investigation into medical ...
sgx:bva klse:7113

Top Glove, Tenaga top losers as KLCI slumps nearly 12 points

10 Dec 2018 - The Star Online
KUALA LUMPUR: Bursa Malaysia continued to lose ground early Monday with Top Glove and Tenaga Nasional among the top losers as market sentiment stayed cautious for the fifth straight on the confluence of weak corporate results, negative news and the tumble on Wall Street last Friday. At 9.10am, the KLCI ...
sgx:bva klse:5347 klse:7113

Scomi shares fall as subsidiaries go into judicial management

10 Dec 2018 - The Star Online
KUALA LUMPUR: Shares of Scomi Group Bhd fell in early trade Monday after three of its subsidiaries applied for judicial management from the Shah Alam High Court as part of its financial restructuring. The counter fell 10%, or 0.5 sen to 4.5 sen with thin volume. The three companies that applied for judicial ...
klse:5115 klse:7158

CIMB Research retains Kawan Food target price of RM3.02

10 Dec 2018 - The Star Online
KUALA LUMPUR: CIMB Equities Research is maintaining its forecasts and target price of RM3.02 for Kawan Food, which is 59.8% above the last traded price of RM1.89. The research house said on Monday the TP was based on 2020F price-to-earnings (P/E) of 17.5times, which is at 30% discount (previously 20%) ...
klse:7216

All eyes on Felda, LTH-linked stocks

10 Dec 2018 - The Star Online
PETALING JAYA: Khazanah Nasional Bhd’s move to divest part of its stake in IHH Healthcare Bhd is already sparking interest in other government-linked companies (GLCs) it owns. Come 2019, the attention of GLCs is expected to expand to stocks held by the Federal Land Development Authority (Felda) and Lembaga ...
sgx:q0f klse:5225

Ekovest signs up Melia Hotels

10 Dec 2018 - The Star Online
PETALING JAYA: Ekovest Bhd has tied up with Melia Hotels International, a Spanish hotel chain, to manage its hotel in EkoCheras Development. In a statement yesterday, Ekovest said it had inked a 15-year hotel management agreement with Melia Hotels. “The contract officially appoints Melia Hotels as the ...
klse:8877

Mixed view on earnings outlook of Sapura Energy

10 Dec 2018 - The Star Online
PETALING JAYA: Analysts are divided over Sapura Energy Bhd ’s earnings outlook. For the third quarter ended Oct 31, 2018, Sapura Energy narrowed its net loss by over 88% to RM31.09mil, led by higher topline and a net foreign exchange gain of RM56.16mil. For comparison, the group recorded a net loss of ...
klse:5218

Scomi Group applies for judicial management

8 Dec 2018 - The Star Online
KUALA LUMPUR: Three subsidiaries of Scomi Group Bhd have applied for judicial management from the Shah Alam High Court as part of its financial restructuring. The three companies are Scomi Engineering Bhd , Scomi Rail Bhd and Scomi Transit Project Brazil (Sao Paulo) Sdn Bhd. The restructuring is meant ...
klse:5115 klse:7158

Astro to offer VSS

8 Dec 2018 - The Star Online
PETALING JAYA: In a strategic review of its business to strengthen its position in the market, Astro Malaysia Holdings Bhd will be undertaking a voluntary separation scheme (VSS) for its employees, offered purely on a voluntary basis. According to a source, Astro is expecting to save 15% or an estimated ...
klse:6399