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KUALA LUMPUR: Maybank Investment Bank Research is maintaining its Hold call on Axiata with an unchanged target price of RM3.90 as its near-term earnings recovery thesis having largely played out.
THE world’s top producer of refined nickel and palladium is dealing with the aftermath of a devastating Arctic fuel leak that resulted in a record US$2bil levy. It’s among the biggest emitters of acid rain-causing sulfur dioxide.
PETALING JAYA: Astro Malaysia Holdings Bhd posted a 23% quarter-on-quarter jump in net profit to RM165mil for the third quarter ended Oct 31,2020, mainly due to lower merchandise costs and licence, copyright and royalty fees, and lower net finance costs, offset by higher tax expenses.
KUALA LUMPUR: Astro Malaysia Holdings Bhd said advertising spending has rebounded, boosting profits in the three-month ended Oct 31.
BANGKOK (Bloomberg): Thailand's taboo-breaking demonstrations are about more than the right to criticise the monarchy without fear of going to prison: Protesters want taxpayers to control investments and real estate worth tens of billions of dollars.
KUALA LUMPUR: AmInvestment Research is maintaining its overweight call on the oil and gas sector with Yinson, Petronas Gas, Dialog and Serba Dinamik among its top picks as crude oil has stabilised.
Jining ops contributes less than 1% to its yearly earnings