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Business 28 May 2019 | 12:00 AM

Kossan Q1 earnings beat analysts’ expectations

PETALING JAYA: Kossan Rubber Industries Bhd’s strong earnings for the first quarter ended March 31, 2019 (Q1FY19) were ahead of analysts’ expectations, on the back of higher margins.

Business 01 Jun 2019 | 12:00 AM Premium

Liquidity risk still hovers over Bumi Armada

BUMI Armada Bhd’s tight liquidity situation is seen as a setback for the company in expanding its business and taking on new contracts.

Business 08 Jun 2019 | 12:00 AM Premium

Yinson has to manage execution risks as workload grows

Yinson Holdings Bhd will have a lot on its plate as it will have to juggle two large potential floating production, storage and offloading (FPSO) contracts to be secured, along with the acquisition and restructuring of Ezion Holdings Ltd.

Business 13 Jun 2019 | 1:52 AM

Quick take: Bermaz Auto up 5% on positive results

KUALA LUMPUR: Bermaz Auto Bhd jumped 5% a series of brokerages reiterated "buy" on the stock, following the release of its positive earnings.

Business 14 Jun 2019 | 2:30 AM

Quick take: Berjaya Food stock down despite profit

KUALA LUMPUR: Berjaya Food Bhd (BFood) stock is down 3% despite a positive fourth quarter ended April 30, 2019 earnings report.

Business 20 Jun 2019 | 12:00 AM

Indonesia makes it cheaper to own condos in boost for developers

JAKARTA: Indonesia just made it cheaper for buyers to own an expensive house by raising the luxury tax threshold limit.

Business 01 Jul 2019 | 12:00 AM

CGS-CIMB starts Malaysian stockbroking operations

KUALA LUMPUR: CGS-CIMB Securities Sdn Bhd (CGS-CIMB Malaysia), a joint venture between CIMB Group Holdings Bhd (CIMB) and China Galaxy International Financial Holdings Ltd (CGI), a wholly-owned subsidiary of China Galaxy Securities Co Ltd (CGS), will officially commence operations today.

Business 02 Jul 2019 | 12:00 AM

LSK’s proposed acquisition of Italhouse seen positive

PETALING JAYA: Natural latex bedding manufacturer Lee Swee Kiat Group Bhd’s (LSK) proposed acquisition of Johor-based Italhouse furniture retail chain is viewed as a positive, according to one research house.

Business 03 Jul 2019 | 12:00 AM

Sunway 'buy', Rahill 'buy', Uzma 'market perform', MAHB 'add'

SUNWAY BHD: THE group’s latest land deal with the Selangor State Development Corp (PKNS) is very much in line with its strategy to execute fast turnaround projects to ride through the current slowdown in the property market

Business 04 Jul 2019 | 12:01 AM

CGS-CIMB Research ups Tenaga target price to RM15.40

KUALA LUMPUR: CGS-CIMB Research has raised Tenaga Nasional’s target price from RM13 to RM15.40 as it removes the 10% discount to the average sector price-to-earnings (P/E).