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Banking 07 Jun 2017 | 12:43 AM

AmInvest Research lowers CIMB Group to Hold after share price rally

KUALA LUMPUR: AmInvestment Research has downgraded is call on CIMB Group Holdings, to Hold from Buy, after the strong-run up in share price.

Banking 18 Jan 2018 | 9:38 AM

CIMB commences brokerage JV with China Galaxy Securities

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).

Corporate News 19 Jan 2018 | 12:00 AM

CIMB completes stake sale of CIMB Securities to China Galaxy

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.

Corporate News 22 Feb 2018 | 12:00 AM

PetChem earnings forecast raised

Analysts upgrade earnings outlookfollowing results that beat expectations

Commodities 24 Feb 2018 | 12:00 AM

Soft CPO prices boost M&As in plantation sector

THE softening in crude palm oil (CPO) prices has increased the appetite for merger and acquisition (M&A) exercises among the local plantation companies.

Business 17 May 2018 | 12:00 AM

Hong Kong’s record US$3.2bil land sale shows rate fear is benign

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.

Property 23 May 2018 | 12:00 AM

Sunway poised to achieve its sales target

PETALING JAYA: Sunway Bhd, which is targeting sales of RM1.3bil for its property segment this year, is off to a good start following solid first quarter earnings.

Stock on the Move 07 Jun 2018 | 2:05 AM

TM shares unaffected by group CEO resignation; up 8% in early trade

KUALA LUMPUR: Stock prices for Telekom Malaysia Bhd (TM) jumped Thursday morning following the resignation of its group CEO Datuk Seri Shazalli Ramly.

Analyst Reports 21 Jun 2018 | 12:00 AM

Luxchem 'buy', AWC 'add', Top Glove 'buy', Maxis 'hold'

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.

Business 11 Jul 2018 | 12:00 AM

Nova MSC confident of returning to the black next year

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.