Tee Lin Say

Recent and archived articles by Tee Lin Say

19 Jun 2018 | 7:00 AM

Kretam hits limit down after deal falls through

Stock touches 39.5 sen after Hap Seng Plantations cancels stake buy

Without the Kretam deal, Voon expects Hap Seng Plantation’s current outlook to improve. (Filepic Kretam plantation in Sabah,)
15 Jun 2018 | 7:00 AM

Malaysia and regional equity markets in the red

PETALING JAYA: It was a sea of red for equity markets across the region after the Federal Reserve raised interest rates by a quarter percentage point to a range of 1.75% to 2% on Wednesday, and funds continued to move their money back to the US. This is the second time the Fed has raised interest rates this year.

In Malaysia, the selling streak has been ongoing for almost a month. As of June 8, the year to date outflow stands at RM3.02bil, which is still one of the lowest among its Asean peers. The FBM KLCI was down 1.79 points yesterday to 1,761.
11 Jun 2018 | 7:00 AM

Malaysia must brace for short-term pain

However fund managers say new Pakatan govt will bring about long-term gain for the markets

“I think foreign investors are actively exploring investment opportunities. But generally there is still a wait-and-see attitude and an air of uncertainty over how the new government will go about its programme of improvements,” Cheah(filepic) told StarBiz
7 Jun 2018 | 7:00 AM

N2N proposes private placement

PETALING JAYA: It looks like N2N Connect Bhd’s financial technology (fintech) strategy just got a bit more concrete. It has proposed to undertake a private placement of 10% or 52.04 million new N2N shares to Japan’s SBI Holdings at RM1.25 per placement share.

1 Jan 0001 | 12:00 AM

2 Jun 2018 | 7:00 AM

Crises – good times to make money

NEVER waste a good “crisis”. When stocks are flashing red, it isn’t time to fret. These are the best times to make money over the long term.

Euro conundrum: File photo of the euro sculpture in front of the European Central Bank in Frankfurt. Italy’s political turmoil has roiled global financial markets this week and raised questions about the country’s future as a member of Europe’s shared currency, the euro. Some in Italy and other countries in the 19-member currency union have complained about the euro, saying it has made life tougher economically. — AP
26 May 2018 | 7:00 AM

Auto stocks seen picking up speed

THERE was a palpable sense of urgency among quite a number of Malaysians earlier this week, reflected in the surge of interest in wanting to buy a car.

22 May 2018 | 7:00 AM

Retailers scoop up bargains

PETALING JAYA: While foreign funds dumped more than RM2.5il in local equities following the unexpected outcome of Malaysia’s 14th General Election (GE14), the FBM KLCI has remained buoyant as local institutions and retailers scoop up bargains.

Bursa remains buoyant even as foreigners dump equities
19 May 2018 | 7:00 AM

More vibrant stock market

The first five days of the market since the new Pakatan Harapan government took over has been exciting to say the least.

18 May 2018 | 7:00 AM

MyEG boss states case for new govt to continue using company’s services

PETALING JAYA: Government service provider MyEG Services Bhd managing director and single largest shareholder Wong Thean Soon does not see any reason for the new Pakatan Harapan government not to continue using MyEG as the service provider for e-government services.