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Cautious sentiment to dampen gains in Q4

KUALA LUMPUR: JF Apex Research has reiterated its Neutral view on the local bourse and maintained its year-end 2017 FBM KLCI target of 1,740 points and set a 2018 KLCI year-end target of 1,860 points.

‘Give us the guidelines to new content’

PETALING JAYA: Local English textbook publishers are confident they can meet the Common European Framework of Reference for Languages (CEFR) standards if given the chance.

Sasbadi bounces off one-month low, climbs to 90 sen

KUALA LUMPUR: Sasbadi Holdings Bhd, which publishes educational materials, saw its share surge to a more than one month high of 90 sen on Friday as analysts turned positive about its outlook.

CIMB Research retains end-2017 KLCI target of 1,790

KUALA LUMPUR: CIMB Equities Research is maintaining its end-2017 FBM KLCI target of 1,790, which is still based on a three-year average price-to-earnings (P/E) of 16 times.

Kre8tif animation talent meet in Cyberjaya

Animation industry experts from all over the world converged in Cyberjaya for the Kre8tif! Conference and Content Festival 2017, held for the sixth year running.

HLIB neutral on Sasbadi's Chuck Chicken MoU

KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research in its morning report today says it is neutral on the memorandum of understanding (MoU) between Sasbadi Sdn Bhd and Animasia Studio Sdn Bhd.

Analyst reports

KOSSAN RUBBER INDUSTRIES BHD, PANTECH GROUP HOLDINGS BHD and SASBADI HOLDINGS BHD

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Sasbadi’s Q3 earnings down

KUALA LUMPUR: Sasbadi Holdings Bhd’s net profit fell 33.3% to RM2.56mil in the third quarter ended May 31, 2017 against RM3.84mil a year ago, mainly due to the drop in revenue, coupled with higher operating costs.

Sasbadi to buy remaining stake

KUALA LUMPUR: Sasbadi Holdings Bhd has proposed to acquire the remaining 30% stake in Sanjung Unggul Sdn Bhd from Law En Tzer for RM9.4mil, it said in a filing with Bursa Malaysia.