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SEVEN out of the top-10, highest-paid boards on Bursa Malaysia are mainly family-controlled companies.
KUALA LUMPUR: CGC-CIMB Equities Research upgrades Malaysian banks from Neutral to Overweight as it expects net profit growth to recover in 2021F to 14.7% (vs. -18.7% in 2020F).
AS most businesses around the world grapple to stay open and survive amidst the pandemic, some have thrived beyond expectations despite the impact of Covid-19.
THE second quarter earnings season holds no major surprises for corporate Malaysia. With the economy grouded to a halt due to the movement control order, most businesses were already anticipated to be badly hit operationally and financially. However, glove makers are clearly an exception.
KUALA LUMPUR: AMMB Holdings Bhd is expecting a loss of RM25mil in revenue for every 25 basis points (bps) cuts in the overnight policy rate (OPR), which has projected to be around 1.25-1.50 per cent for 2020.
KUALA LUMPUR: Stocks to watch on Thursday include Dagang Nexchange Bhd, TSH Resources Bhd, Berjaya Corp Bhd, Salcon, AirAsia X Bhd (AAX) and AMMB Holdings Bhd, according to JF Apex Research.