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MIDF lowers earnings forecasts for Superlon

KUALA LUMPUR: MIDF Research trimmed its FY19F/FY20 earnings estimates by 22%/-20% for Superlon Holdings Bhd as the group will not be able to fully pass on the increase in raw material prices, especially to its price sensitive customers.

CGS-CIMB positive on resignation of FGV CEO

KUALA LUMPUR: CGS-CIMB said news of the resignation of FGV Holdings Bhd president and CEO Datuk Zakaria Arshad was a “slight positive” for FGV as it appears that the matter has ended amicably.