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PETALING JAYA: Shares of the world’s largest glove maker, Top Glove Corp Bhd, closed lower on the first trading day of the new year despite having committed to a special dividend on top of its existing dividend policy.
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.
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: 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.
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: UMW Holdings Bhd recorded vehicle sales of 59,320 units in 2020, following strong sales by the group and its 38% associate Perodua.
Firm and balanced process needed to manage pandemic and economy
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.
BEIJING: China’s monetary authorities will maintain consistent policies and ensure financial stability in 2021, leaving space for conventional measures to fuel robust economic growth, according to analysts.