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SOME consumer, tourism and hospitality-related stocks have been on a tear over the last few months, as investors expect these industries to recover should vaccination programmes prove to be the elixir to the pandemic.
CYBERJAYA: Dagang NeXchange Bhd (DNeX) is looking into acquiring additional late cycle producing assets in the North Sea, Malaysia and within the region, said group managing director Tan Sri Syed Zainal Abidin Syed Mohamed Tahir.
IT is less than a fortnight until the closing date of Bank Negara’s digital bank licence application and the heat it is generating is intense.
LOSS-MAKING copper wire and rod maker Ta Win Holdings Bhd says it will soon be reporting a profit in the coming fourth quarter (Q4)of its financial year ending June 30, 2021 (FY21) following several corporate moves it had made to diversify its business last year.
KUALA LUMPUR: Amid greater calls to address the climate change agenda, more local oil and gas (O&G) companies are taking steps to prepare for a greener future, including through commitments to reduce carbon emission and diversifying their investments into renewable energy (RE) assets.
Demand to continue growing, supply to stay limited
KUALA LUMPUR: Hon Hai Precision Industry Co Ltd’s subsidiary Foxconn Singapore Pte Ltd has emerged as a substantial shareholder in Dagang Nexchange Bhd (DNeX) after purchasing 120 million shares.
PETALING JAYA: After a tough year, stable oil prices and a fresh contract is keeping local oil and gas service provider Uzma Bhd on the radar although the current movement control order remains a hindrance to it achieving a higher level of efficiency.