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PETALING JAYA: Earnings for banking stocks are expected will likely remain muted for this year, in light of weak loans growth, lacklustre capital market activities and concerns over asset quality.
PETALING JAYA: Analysts have given the thumbs up to Felda Global Ventures Holdings Bhd’s (FGV) proposed disposal of its offseeds crushing and refining plant in Canada to Viterra Inc for RM608.2mil, stating that the sell-off is positive for the group since it is keen to raise funds for working capital and pay debts.
SEPTEMBER is the month to watch for major developments relating to the water sector in Selangor. CIMB Research said that all eyes would be on the federal and Selangor state governments and whether they fulfil the supplementary agreement, which would would allow the stalled water deal negotiations to resume.