Bursa highlights for Tues, Feb 16


Bursa highlights logo for Star Online (Business).

Glove manufacturer Hartalega Holdings Bhd’s net profit jumped 46.99% to RM72.79mil for the third quarter ended Dec 31, 2015 on a combination of a strengthening US dollar, expansion in capacity and an increase in demand. Read more

Oil and gas service firm Dialog Group Bhd’s second-quarter net profit fell marginally to RM78mil from slower upstream activities and lower sales in specialist products and services.

Aluminium Co of Malaysia Bhd (Alcom) is on track to return to the black for the financial year ending March 31, 2016 after three years of losses. It swung to a net profit of RM2.14mil in the nine-month financial period ended Dec 31, 2015 from a loss of RM3.93mil previously, leading the group to expect it will close the financial year with encouraging results. Read more

Axiata Group Bhd is set to hold its decisive EGM on Wednesday afternoon where shareholders will decide on the telco's proposed acquisition of an 80% stake in Nepal’s number one mobile operator, Ncell Pte Ltd for US$1.365bil (RM5.67bil). Read more

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