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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.
KUALA LUMPUR: Berjaya Food Bhd (BFood) stock is down 3% despite a positive fourth quarter ended April 30, 2019 earnings report.
JAKARTA: Indonesia just made it cheaper for buyers to own an expensive house by raising the luxury tax threshold limit.
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.
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.
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
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).