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PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has affirmed its ratings of MARC-1IS/AA-IS on UEM Edgenta Bhd’s sukuk murabahah programme of up to RM1bil.
PETALING JAYA: Companies involved in the services sector of the healthcare industry are poised to benefit from the recently announced Bantuan Prihatin Nasional (BPN) stimulus package, says Hong Leong Investment Bank (HLIB) Research.
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its ratings of MARC-1IS/AA-IS on UEM Edgenta Bhd’s Sukuk Murabahah programme of up to RM1bil.
PETALING JAYA: With Bursa Malaysia anticipated to witness choppy times ahead, a research house has advised investors to focus on three key areas – healthcare, technology and net cash and dividend yielders.
WHEN Prime Minister Tan Sri Muhyiddin Yassin announced his stimulus package, it appeared, at first glance, a commendable, even an impressive, feat by his government to respond to the Covid-19 pandemic. However, two key points merit assessment of the Perikatan Nasional government’s response to this crisis.
PETALING JAYA: UEM Edgenta Bhd remains a good exposure to a stable earnings stream at reasonable valuations, said HLIB Research.
KUALA LUMPUR: Bursa Malaysia and key Asian markets advanced early Thursday after the US Congress authorised nearly US$8bil to check the fallout from the Covid-19 coronavirus.
WHEN Khazanah Nasional Bhd decided to divest companies that were not part of its transformation plan post-May 2018, UEM Edgenta Bhd was among those that were to be sold.In the last two years, there have been suitors for UEM Edgenta, whose earnings anchor on providing support services to hospitals and maintenance works for highways under PLUS Malaysia Bhd.