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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.

Blue chips dip early Wednesday, Maxis extends decline

KUALA LUMPUR: Blue chips fell early Wednesday as the FBM KLCI extended its decline on llosses by Maxis, MISC and Petronas Dagangan.

Aeon 'buy', Sasbadi 'buy', Globetronics 'neutral', Nestle 'hold'

AEON Credit reported commendable 2017 (financial year ended February) results with net profit of RM265mil. RHB Research noted that the full-year earnings have beaten its and consensus’ expectations, making up 106% of the research house’s and 107% of consensus’ estimates.

Trading Ideas: Allianz Malaysia, 7-Eleven, Hong Leong Industries

KUALA LUMPUR: Allianz Malaysia, 7-Eleven, Hong Leong Industries and United Plantations are some of the stocks which could see trading interest on Wednesday after their corporate announcements, according to JF Apex Research.

Minimal impact from school textbook contracts for Sasbadi

KUALA LUMPUR: Sasbadi Holdings Bhd’s latest contracts win worth RM6.81mil by the Education Ministry, is expected to have minimal impact on its earnings, according to CIMB Research.

Trading ideas: Mudajaya, Suria Capital, MRCB, Ajiya

KUALA LUMPUR: JF Apex Research expects Mudajaya, Suria Capital, MRCB and Ajiya to be among the stocks to watch on Wednesday with the latest corporate news.

Trading ideas: UEM Sunrise, IOI Properties, Edaran, Sasbadi, Salutica

KUALA LUMPUR: UEM Sunrise, IOI Properties, Edaran, Sasbadi and Salutica are among the companies which could see some trading interest on Tuesday after the corporate announcements, says JF Apex Research.

Sasbadi in two publishing deals with Malaysian Exam Council

PETALING JAYA: Sasbadi Holdings Bhd’s wholly owned subsidiary Sasbadi Sdn Bhd (SSB) has entered into two publishing agreements with the Malaysian Examination Council (MPM).

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.