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Industries earnings to remain strong on the back of current robust demand
PETALING JAYA: The takeover offer of property developer Eastern & Oriental Bhd (E&O) by one of its directors at a 3% premium is deemed to be a fair deal.
KUALA LUMPUR: The Suez Canal blockage will have minimal impacts on glove makers earnings and the consumer sector for the financial year ending 2021 (FY21).
KUALA LUMPUR: Shares in Yong Tai Bhd slipped in early trade Thursday after entering into a deal to undertake a gold mining project on a 100 hectares site in Lipis, Pahang.
KUALA LUMPUR: Chin Hin Group Bhd will continue to pursue mergers and acquisitions (M&As) as it builds towards becoming a diversified conglomerate.
Hextar’s management had indicated M&As as a route for stronger earnings growth for the agrochemical company.
KUALA LUMPUR: Chin Hin Group Bhd's proposed acquisition to acquire 31.2% stake in Signature International Bhd for RM88.9mil would strengthen its product value chain and be conducive to future growth, says PublicInvest Research.
KUALA LUMPUR: Magni-Tech Industries Bhd’s shares rose to its highest in three months in early trading on Tuesday after reporting a 50% jump in net profit in the third quarter ended Jan 31.
MIDF Research said it was “neutral” on the REIT’s proposed acquisition of an industrial asset at Bukit Raja as the acquisition was in line with Axis REIT’s strategy of expanding its industrial assets portfolio.