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DNeX posts net profit of RM51.6mil in Q3
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) posted a net profit of RM51.6 million in the third quarter ended March 31, 2022 after chalking up revenue of RM382.64 million for the quarter under review.
Trading ideas: Petronas Chemicals Group, SCIB, Dialog, Duopharma Biotech, Yong Tai, Dagang Nexchange, Chin Hin Group, Borneo Oil and Caely
KUALA LUMPUR: Stocks in focus on Wednesday include Petronas Chemicals Group, Sarawak Consolidated Industries, Dialog Group, Duopharma Biotech, Yong Tai, Dagang Nexchange, Chin Hin Group, Borneo Oil and Caely Holdings, said JF Apex Research.
Dnex teams up with chip giant Foxconn
Tie-up to build wafer fabrication plant in Malaysia
DNeX, Foxconn unit to build and operate wafer fabrication plant in Malaysia
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) and Big Innovation Holdings Limited (BIH), a wholly-owned subsidiary of Hon Hai Precision Industry Co Ltd (Foxconn), plan to set up a joint venture company to build and operate a new 12-inch wafer fabrication plant in Malaysia.
Bursa bounces after recent heavy losses
KUALA LUMPUR: Bursa Malaysia bounced back after strong selling pressure yesterday on fears that rising inflation could derail global economic growth.
FBM KLCI remains in the red at midday
KUALA LUMPUR: The FBM KLCI remained in the red at midday amid a sell-off in global equities following Wall Street's overnight slump.
Bursa downbeat on Wall Street's plunge
KUALA LUMPUR: Bursa Malaysia opened on a weak note on Monday, tracking the heavy selling on Wall Street last Friday as investors reacted to further affirmaton of more aggressive US rate hikes.
DNeX unit receives 'no objection' on development concept for Avalon project
KUALA LUMPUR: Dagang NeXchange Bhd's (DNeX) 90%-owned subsidiary Ping Petroleum Ltd has received a letter of "no objection" from the North Sea Transition Authority in relation to its proposed development concept for the Avalon discovery in the Central North Sea, UK.
