Search


You have searched for "Public Investment Bank"

Showing 1-10 of 377

Sort by: Newest | Oldest | Relevance


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.

Analysts upbeat about Serba Dinamik securing more jobs

PETALING JAYA: Serba Dinamik Holdings Bhd is anticipated to secure more projects that will provide the company with good earnings visibility over the next three years.

Kenanga Research, in a report, expected more contract wins for the oil and gas company, as management targets its order book to reach RM10bil by end-2019.

Unisem major shareholders in a dilemma

The new guard may face difficulty in selling down shares.

Securing buyers: John Chia and the other major shareholders will have to either convince Bursa Malaysia to give the company time to rectify the shortfall in the public spread, or find a party that is willing to take up the stake at a favourable price.

Genting 'hold' Petronas Dagangan 'hold', LBS Bina 'outperform'

CIMB has maintained its recommendation of a “hold” on Genting Malaysia Bhd as it awaits more clarity on the possible opening date of its new outdoor theme park.

Unisem minorities advised to reject takeover offer

PETALING JAYA: The board of Unisem (M) Bhd has advised minority shareholders of the semiconductor company to reject a takeover offer led by the founders and a few China-based buyers.

Although the offer price represents a premium in the historical share price analysis, it is below the range of the ascribed equity value per Unisem share.

Unisem board, independent adviser tell minorities to reject takeover offer

KUALA LUMPUR: The board of Unisem (M) Bhd has advised the minority shareholders of the semiconductor company to reject the takeover offer led by the Chia family, SCQ Industries Sdn Bhd and Tianshui Huatian Electronics Group Co.

The board concurred with independent adviser Public Investment Bank’s evaluation and recommendation that the offer is “Not Fair”  and “Not Reasonable” and recommends the minority shareholders to reject the offer.

Computer Forms shares up 1.5% on revised takeover bid

KUALA LUMPUR: Shares of Computer Forms (Malaysia) Bhd continued to rise early trade Wednesday after its substantial shareholder Tan Sri Robert Tan Hua Choon raised his takeover offer price to RM1.38 from RM1.28.

Bumi Armada at all-time low, indicators show oversold

KUALA LUMPUR: Bumi Armada's share price skidded to an all-time low of 19.5 sen on Thursday on continued selling pressure but its relative strength index shows the shares were oversold.

Bumi Armada's share price skidded to an all-time low of 19.5 sen on Thursday on continued selling pressure.

TM nears eight-year low after reporting net loss

PETALING JAYA: Telekom Malaysia Bhd fell by 7 sen or 3.02% to RM2.25 at yesterday’s close as it steadied near its eight year lows.

Market observers noted that the quantum of the fall in its shares had slowed despite the negative news of the surprise net loss that had been reported in its quarterly results.

Analyst reports: CIMB, Tenaga Nasional, Astro Malaysia Holdings Bhd and Power Sector

CIMB management expects the operating environment for PT Bank CIMB Niaga Tbk to remain challenging for the next six to nine months and this would make achieving the 2018 ROE target of 10.5% a challenge.