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KUALA LUMPUR: Public Investment Bank has a neutral outlook on the construction sector as it believes that positive sentiment over a recovery in 2021 has already been priced in whilee arnings remains at risk given the implementation of the conditional and enhanced MCOs.
KUALA LUMPUR: Bank Muamalat Malaysia Bhd is offering a moratorium payment period (MPP) of up to six months for all its financing facilities to individuals and businesses in flood-affected areas.
Firm and balanced process needed to manage pandemic and economy
KUALA LUMPUR: UMW Holdings Bhd recorded vehicle sales of 59,320 units in 2020, following strong sales by the group and its 38% associate Perodua.
KUALA LUMPUR: Toyota Vios, Yaris and Hilux helped drive UMW Holdings’ sales of 59,320 vehicles for 2020 – exceeding its target of 53,000 units -- boosted by the sales tax exemption.
KUALA LUMPUR: BlackRock’s Investment Stewardship (BIS) team voted against the proposed re-election of six independent non-executive directors on the board of Top Glove Corp Bhd over what it said were severe shortcomings in management and oversight of worker health and safety-related issues.
PETALING JAYA: Short-selling pressure on Bursa Malaysia appears to have eased as the stock market’s bellwether index snapped a two-day slump, ending the day on its intraday high.
KUALA LUMPUR: JF Apex Research expects Destini Bhd, T7 Global Bhd, Aeon Credit Service (M) Bhd, Top Glove Corp Bhd, Top Glove Corp Bhd, Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd to be among the stocks to watch on Tuesday.