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EcoWorld Malaysia records full year sales of RM2.3b, exceeds target
KUALA LUMPUR: Eco World Development Group Bhd (EcoWorld Malaysia) recorded sales of RM2.3bil in the financial year ended Oct 31,2020, exceeding its RM2bil sales by 15%.
EcoWorld Malaysia exceeds financial year sales target
Group declares maiden interim dividend of two sen
Daily economic losses from MCO around RM750m, says CGS-CIMB Research
KUALA LUMPUR: CGS-CIMB Equities Research estimates the daily economic losses due to the second round of Malaysia’s Movement Control Order (MCO), which takes effect from Jan 13 to 26, at RM750mil.
RHB Research upgrades Duopharma to Buy with RM4 target price
KUALA LUMPUR: RHB Research has upgraded Duopharma Biotech to Buy from Sell with a new discounted cashflow-derived target price of RM4 from RM3.30 on the clarity of its Covid-19 vaccine participation in Malaysia.
MARC upgrades Top Glove on strong revenue, cashflow
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has upgraded Top Globe Corporation Bhd’s corporate credit rating following the significant increase in Top Glove’s revenue and cash flow due to the surge in glove sales during the Covid-19 pandemic.
Top Glove to emphasise more on ESG in business ops
KUALA LUMPUR: Top Glove Corporation Bhd, whose corporate credit rating was upgraded following the significant increase in revenue and cashflow, says its priority is investing in and enhancing its business operations from an environmental, social and governance (ESG) perspective.
Summary of business news Feb 8 to 14
New CEO for EPF, Nazir Razak joins PLS, Tyson Foods invests RM420m in MFM
RHB maintains 'buy' on OCK after adjusting for Myanmar's political risk
KUALA LUMPUR: RHB Research is seeing growth headwinds for OCK Group Bhd as it factors in the political and execution risks following the military coup in Myanmar.
