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Business

KLCI snaps three-day rally, Bumi Armada most active

KUALA LUMPUR: Blue chips fell early Thursday as investors decided to lock in some gains after a three-day rally as the full year financial results got underway while Bumi Armada came under selling pressure and it was the most active.

Business Premium

Tricky proposition for Khazanah in CIMB

AFTER Khazanah Nasional Bhd’s partial divestment in IHH Healthcare Bhd, there are at least six locally-listed companies which could see a reduction in shareholding by the sovereign wealth fund (SWF).

Business

Trading ideas: Maybulk, Tan Chong, SunCon, APM, UEM Edgenta, GDex

KUALA LUMPUR: Malaysian Bulk Carriers Bhd (Maybulk), Tan Chong Motor Holdings Bhd, Sunway Construction Group Bhd (SunCon), APM Automotive Holdings Bhd, UEM Edgenta Bhd and GD Express Carrier Bhd (GDex) are among the stocks to watch, according to JF Apex.

Business

UEM Edgenta: Extend automation incentives to other industries as well

KUALA LUMPUR: UEM Edgenta Bhd hopes the government will also extend the incentives that are provided for the manufacturing industry to encourage automation to other industries as well.

Business

UEM Edgenta sees year of growth

KUALA LUMPUR: UEM Edgenta Bhd is anticipating another year of growth in 2019 amidst expectations that there will still be challenges up ahead.“Last year was a year where we grew profitability.

Business

UEM Edgenta, VS Industry, Oceancash, PIE Industrial, all 'buy'

UEM EDGENTA BHD: THE company’s healthcare segment showed encouraging improvement in terms of both revenue and net profit, registering high single digit increases of 7.9% and 6.8% year-over-year respectively.

Business

TNB mum on leadership change rumours

PETALING JAYA: Tenaga Nasional Bhd (TNB) has neither confirmed nor denied that there would be a change in leadership of the state-owned electricity giant.

Corporate News

TNB keeps mum on leadership change rumours

PETALING JAYA: Tenaga Nasional Bhd’s (TNB) stock took a dip amidst rumours that its president and CEO, Datuk Seri Azman Mohd (pic), has been told to step down.

Business

UEM Edgenta unit Opus appointed consultant for Sarawak road project

KUALA LUMPUR: UEM Edgenta Bhd said a unit was appointed by the Sarawak state government as the project management consultant for the coastal road network and secondary trunk road projects in the state.

Business

UEM Edgenta wins RM50mil Sarawak road job

PETALING JAYA: UEM Edgenta Bhd says its unit has been appointed as the project management consultant for the coastal road network and secondary trunk road projects in the state by the Sarawak state government.