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GEORGE TOWN: The electronic manufacturing sector in Penang is the hardest hit by the coronavirus (Covid-19), as many of the test equipment and chip producers here face a serious shortage of raw materials, an unprecedented situation that has disrupted production.
KUALA LUMPUR: Cable and wire manufacturer Southern Cable Group Bhd plans to issue 104.70 million new shares, or 26.2% of the enlarged issued share capital, under its proposed listing on the ACE Market.
KUALA LUMPUR: Leong Hup International Bhd, Uzma Bhd, Kim Teck Cheong Consolidated Bhd (KTC), Bina Darulaman Bhd and Kanger International Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
PETALING JAYA: Kinsteel Bhd has proposed to form a joint venture (JV) in which it will own 45% with a China partner Tianjin Qiangbang Industrial Co Ltd (TQI) to operate a steel plant in Gurun, Kedah.
KUALA LUMPUR: Stocks to watch on Friday include Kossan Rubber Industries Bhd, Alam Maritim Resources Bhd, AirAsia Group Bhd, JCY International Bhd, Aeon Retail (M), Kinsteel Bhd and WCT Holdings Bhd, according to JF Apex Research.
Impact on household incomes likely to be more significant than the contraction in the economy
PETALING JAYA: The local hotel industry has already laid off 6% of its employees, with a growing number of its staff taking unpaid leave and pay cuts as the sector crumbles from the impact of the Covid-19 pandemic.