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PETALING JAYA: Alam Maritim Resources Bhd has received an extension until Aug 11 to submit its proposed restructuring scheme (PRS) on its debt.
PETALING JAYA: Investor sentiment in the debt market could turn more cautious in the second half of this year amid external uncertainties which could spark higher bond yields.
KUALA LUMPUR: BIMB Holdings Bhd’s share price fell to a low of RM4.35 on Friday on growing worries about financial companies’ exposure to the troubled oil and gas (O&G) companies with debt problems.
KUALA LUMPUR: CIMB Equities Research is maintaining its Neutral outlook for Malaysian banks due to the negative impact from the adoption of the new accounting standard on loans, weaker net profit growth in 2018 and unattractive valuations.
KUALA LUMPUR: JF Apex Research expects Advancecon, Genting Malaysia, SCGM and Sunzen Biotech to be among the stocks to watch on Monday.