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Business 04 Jul 2019 | 12:21 AM

CGS-CIMB Research upgrades Yinson back to Add from Hold

KUALA LUMPUR: CGS-CIMB Research has reversed its short-lived “Downgrade to Hold” recommendation for Yinson that it had issued on June 26 and upgrade the oil and gas services company back to an Add call.

Business 04 Jul 2019 | 1:25 AM

Lacklustre start for KLCI as HL Bank and Tenaga weigh

KUALA LUMPUR: Blue chips got off on a lacklustre start on Thursday in absence of strong leads from institutions as Hong Leong Bank and Tenaga Nasional slipped in thin trade.

Business 05 Jul 2019 | 12:00 AM

Yinson upgraded to ‘add’

KUALA LUMPUR: CGS-CIMB Research has reversed its short-lived downgrade to “hold” recommendation for Yinson Holdings Bhd that it had issued on June 26.

Business 05 Jul 2019 | 12:00 AM

MGO for Media Prima seen unlikely

PETALING JAYA: CGS-CIMB Research says it is unlikely a mandatory general offer (MGO) will take place for Media Prima Bhd following news reports that tycoon Tan Sri Syed Mokhtar Al-Bukhary is upping his stake in the media group.

Business 06 Jul 2019 | 12:00 AM Premium

LSK on acquisition trail to fuel growth in B2C segment

A year since its acquisition of the Mattress Factory Outlet (MFO) chain, Malaysia’s largest latex mattress manufacturer Lee Swee Kiat Group Bhd (LSK) is not showing any signs of slowing down.

Business 06 Jul 2019 | 12:00 AM

A better second half anticipated

AFTER a rocky first half, investors now find themselves hoping that the second half will see Malaysian equities play catch-up to their regional peers. 

Business 06 Jul 2019 | 12:00 AM Premium

Syed Mokhtar cements media focus

Tan Sri Syed Mokhtar Albukhary’s recent moves to cement his position in the local media scene can be said to an incongruous one. For one, he belongs to that small group of Malaysian tycoons who remain steadfastly media-shy.

Business 10 Jul 2019 | 12:00 AM

Analysts have mixed views on Bursa’s year-end close

PETALING JAYA: Analysts have mixed views on the year-end performance of Bursa Malaysia.

Business 15 Jul 2019 | 12:00 AM

How China can create its own Goldman Sachs

AN age-old question has reared its head again: Why can’t China create a globally competitive investment bank in the mold of Goldman Sachs Group Inc or Morgan Stanley?

Business 16 Jul 2019 | 12:00 AM

Minimal impact seen for glove makers

PETALING JAYA: The gas tariff hike of 5.3% is expected to only minimally impact glove manufacturers’ earnings in the third quarter, said CGS-CIMB.