Intan Farhana Zainul

Recent and archived articles by Intan Farhana Zainul

16 Feb 2019 | 7:00 AM

Market surprised at timing of E&O’s cash call

THE market’s reaction to Eastern and Oriental Bhd’s (E&O) cash call is to be expected. At a time of increasing uncertainty, and when the property market is seeing a slowdown, a cash call by a property developer can be unnerving for shareholders.

15 Feb 2019 | 7:00 AM

LRT3 project expected to resume in second half

MRCB in process of redesigning rail project

Ann: We have signed an agreement with Prasarana Malaysia Bhd, right now we are in the process of redesigning the project and expect to start work in the second half
14 Feb 2019 | 1:22 PM

LRT3 project to resume in 2H

PETALING JAYA: Works on the light rail transit 3 (LRT3) project are expected to resume in the second half of this year, according to Malaysian Resources Corp Bhd (MRCB).

13 Feb 2019 | 7:00 AM

CMS shares fall following downgrade

HSL also hit initially after analysts downgrade stock, closes unchanged

CMS closed four sen lower yesterday to RM3.01, while HSL’s share price fell 2.78% during intra-day trade before closing unchanged at RM1.44.
12 Feb 2019 | 7:00 AM

Utusan soars as chairman takes up big stake

PETALING JAYA: Investors in Utusan Melayu (M) Bhd are rallying behind returning chairman Datuk Abd Aziz Sheikh Fadzir, who has taken up a substantial stake in the ailing newspaper publisher many hoped he can rescue.

Utusan, on Friday, announced that its chairman Aziz(pic), via Opulence Asia Sdn Bhd, has acquired a 31.61% stake in the company at 19 sen a share.
9 Feb 2019 | 7:00 AM

Press Metal faces near-term headwinds

Press Metal Aluminium Holdings Bhd, which was one of last year’s top performing stocks on Bursa Malaysia, isn’t having a great start to 2019.

8 Feb 2019 | 7:00 AM

Mesiniaga hits new high

PETALING JAYA: Shares in Mesiniaga Bhd soared to a new high of RM1.84 during intraday trading yesterday, after the market was closed for two days for the Chinese New Year celebration.

The spike in interest in Mesiniaga came about last month after the company announced that it had won a RM1.9bil contract.
8 Feb 2019 | 7:00 AM

Tropicana Corp calls off Pulai land sale

Agreement lapses and both parties agree not to extend it

Notably, last month, Tropicana had announced a major corporate exercise involving a proposed asset injection of RM1.85bil.  The assets involved 1,116.88 acres of land being injected into the company by its founder and major shareholder, tycoon Tan Sri Danny Tan Chee Sing(pic).
4 Feb 2019 | 7:00 AM

We are not in recession, there are oppotunities in the markets

MANY are expecting that a crisis is coming and it is spooking the market. It is recession concerns that are making headlines these days as the market had gone through a 10-year bull run and could take a break at some point. Freddy Lim, the co-founder and chief investment officer of StashAway has a different view and he reckons that there are pockets of opportunities in the market.

Freddy Lim(filepics), the co-founder and chief investment officer of StashAway has a different view and he reckons that there are pockets of opportunities in the market.  “Unlike us humans, the market does not have a predetermined ‘biological’ clock. Concepts such as timing the markets or the economic cycle often are susceptible to subjective biases,” he said.
2 Feb 2019 | 7:00 AM

More than a construction play

IT’S not surprising that sentiment on construction player Gabungan AQRS Bhd has been muted. Reviews and cancellations of major local infrastructure projects are the reasons for that.

Azizan: I have rewarded shareholders with dividends and free warrants worth 12 sen since taking over the helm.