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KUALA LUMPUR: AmInvestment Research has downgraded is call on CIMB Group Holdings, to Hold from Buy, after the strong-run up in share price.
KUALA LUMPUR: CIMB Group Holdings Bhd has completed the sale of 50% interest in CIMB Securities International Pte Ltd (CSI) to China Galaxy Securities Co Ltd (CGS).
PETALING JAYA: CIMB Group Holdings Bhd and China Galaxy Securities Co Ltd (CGS) have completed the sale and purchase of 50% interest in CIMB Securities International Pte Ltd.
HONG KONG: Sun Hung Kai Properties Ltd’s record HK$25.2bil (US$3.2bil) purchase of a coveted plot near Hong Kong’s former airport signals that the city’s developers are brushing off concern that expected rate increases will damp the red-hot housing market.
KUALA LUMPUR: Stock prices for Telekom Malaysia Bhd (TM) jumped Thursday morning following the resignation of its group CEO Datuk Seri Shazalli Ramly.
RHB Research Institute is keeping its forecast for Luxchem as the company’s first quarter 2018 profit after tax and minority interest made up 21% of the research house’s full year forecast.
PETALING JAYA: ACE Market-listed Nova MSC Bhd is confident of returning to the black in 2019, bolstered by its high order book, better overall cost control and potential contract wins.