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Analyst Reports

Selangor Properties 'hold', Tomypak 'market perform', Sapura Energy 'neutral'

CIMB Research has initiated coverage on Selangor Properties Bhd with a “hold” call, stating that most of the property investment and development company’s value rests in its land bank.

Corporate News

Short position

SELANGOR Properties Bhd is one stock that if your mom or dad dabbled in the stock market, would likely hold at one time or another.

Markets

PetGas, IHH healthcare, Maxis weigh on KLCI

KUALA LUMPUR: The FBM KLCI closed in the red on Tuesday, dragged down by losses in Petronas Gas, IHH Healthcare and Maxis Bhd Group amid a weak broader market.

Nation

Masjid Jamek LRT station your ticket to the arts

KUALA LUMPUR: The Masjid Jamek LRT station has come alive with culture, thanks to the Arts On The Move (AOTM) initiative.

Nation

Kuok retains top spot on Forbes’ Rich List

SINGAPORE: More than half of the tycoons on the 2017 Forbes Malaysia Rich List saw their fortunes rise despite tough times.

Business

Top 40 richest in Malaysia: 36-40

36 - 40

Corporate News

Axiata nudges KLCI slightly higher early Friday

KUALA LUMPUR: Axiata nudged the FBM KLCI slightly higher in early Friday trade amid a slightly firmer broader market which has been under some foreign selling pressure over the past two trading days this week.

Business

Trading ideas: KFM, Mitrajaya, Sedania, Selangor Properties

KUALA LUMPUR: Kuantan Flour Mills Bhd (KFM), Mitrajaya Holdings Bhd, Sedania Innovator Bhd and Selangor Properties Bhd are among the stocks which could see trading interest following their corporate announcements and financial results, according to JF Apex Research.

Business

Breakfast briefing: Wednesday, December 28

Breakfast briefing: Wednesday, December 28

Business

Selangor Properties earning down 88% in Q4

PETALING JAYA: Selangor Properties Bhd posted an 88% decline in net profit to RM57.4mil for the fourth quarter ended Oct 31 compared to the same quarter a year ago after an extraordinary gain last year from the disposal of land.