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KUALA LUMPUR: Encorp Bhd, through indirect unit Encorp Bukit Katil Sdn Bhd, has aborted another joint development plan for Federal Land Development Authority’s (Felda) land in Bukit Katil, Melaka, this time with Tiong Nam Logistics Holdings Bhd’s unit Tiong Nam Properties Sdn Bhd.
KUALA LUMPUR: Tiong Nam Logistics Holdings Bhd has allocated RM100mil as capital expenditure (capex) for the financial year ending March 31, 2018, as part of an expansion plan for its logistics and warehousing network across South-East Asia.
PETALING JAYA: It was a night of double trouble for a hotel here on Saturday night when a police team raided the premises located in Jalan Tiong Nam in Kuala Lumpur.
CASES of penises stuck in rings are seeing an alarming increase in Kedah, Sinar Harian reported.
MALAYSIAN Resources Corp Bhd’s (MRCB) capability in successfully undertaking the renovation and refurbishment of Kuala Lumpur Sports City, formerly known as the National Sports Complex, could stand as a testament in bidding for similar projects.
KUALA LUMPUR: Affin Hwang Capital Research is maintaining its Buy call for Tiong Nam Logistics with a target price of RM1.90.
THIS year has largely been positive for logistics firm Tasco Bhd. The case has been generally similar for most of Malaysia’s logistics-related counters which have performed stronger, buttressed by the improved trade outlook for Malaysia and the accelerated growth of e-commerce.
DESPITE the FBM Small Cap Index’s good performance against the main index FBM KLCI, MIDF Research reckons that small and mid-cap stocks are poised to continue its growth trajectory in the near future in line with more active retail participation.