Joseph Chin

Recent and archived articles by Joseph Chin

2 May 2019 | 9:33 AM

Cautious start to new trading month of May as MAHB weighs

KUALA LUMPUR: The new trading month of May started on a cautious note with the FBM KLCI weighed down by MAHB, Digi and Maxis but there was some nibbling seen in banks and Tenaga Nasional.

30 Apr 2019 | 9:20 AM

KLCI slips as HL Bank, Tenaga weigh

KUALA LUMPUR: Bursa Malaysia was in the red at the start of Tuesday trade, in line with the cautious key Asian markets, while weighing down the FBM KLCI were Hong Leong Bank and Tenaga Nasional.

29 Apr 2019 | 5:43 PM

Trading volume, value shrink as T+2 starts

KUALA LUMPUR: Trading volume and value of shares traded on Bursa Malaysia fell after the settlement date for payment of shares bought was reduced to two days (T +2) from three with effect from Monday.

29 Apr 2019 | 4:04 PM

Seacera sees 4.8% stake crossed below market price

KUALA LUMPUR: Seacera Group Bhd, which has become a Practice Note 17 company, saw 22.91 million of its shares crossed in an off-market deal on Monday.

Seacera Group Bhd, which has become a Practice Note 17 company, saw 22.91 million of its shares crossed in an off-market deal on Monday.
29 Apr 2019 | 12:54 PM

Public Bank records higher net profit of RM1.41b in Q1 FY19

KUALA LUMPUR: Public Bank Bhd posted slightly higher net profit in the first quarter ended March 31, 2019 mainly due to lower loan impairment allowance and higher investment income when compared with a year ago.

“The Public Bank group’s consistent profitability was mainly contributed by the group’s healthy loan and deposit growth, coupled with its sustained strong asset quality,” said Tan Sri Teh Hong Piow, the founder, chairman emeritus, director and adviser.
29 Apr 2019 | 9:38 AM

Bursa kicks off new week in the red

KUALA LUMPUR: Blue chips fell in early Monday trade, weighed down by losses in Public Bank , Maxis and Petronas Chemical in the absence of any strong leads from institutional players.

26 Apr 2019 | 5:52 PM

Maxis' stronger Q1 results lift KLCI

KUALA LUMPUR: Maxis' stronger first quarter results gave the FBM KLCI a boost on Friday but the broader market showed some caution and trading volume shrank to below three billion shares.

26 Apr 2019 | 5:01 PM

Major shareholders offer RM185m to take Yee Lee Corp private

KUALA LUMPUR: The major shareholders of Yee Lee Corporation Bhd, which own a combined 58.41% stake, have launched a voluntary takeover to acquire the remaining shares at RM2.33 per share.

Major shareholders offer RM185m to take edible oil trader Yee Lee Corp private
25 Apr 2019 | 6:13 PM

Tenaga sends KLCI to lower close

KUALA LUMPUR: Blue chips closed sightly lower on Thursday as Tenaga Nasional, CIMB and IHH Healthcare slipped on profit taking while the undertone of the overall market was cautious amid the mixed key Asian bourses.

25 Apr 2019 | 9:45 AM

Blue chips inch higher on Genting, Petronas Dagangan’s gains

KUALA LUMPUR: Genting Bhd and Petronas Dagangan helped the FBM KLCI eke out marginal gains early Thursday as investors looked towards institutional players to take the lead.