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SHAH ALAM: Logistics player Tasco Bhd expects its maiden foray into the cold chain business to contribute about 15% to 20% to revenue for the financial year ending March 31, 2018 (FY18), after both proposals of its EGM received near unanimous approvals from shareholders.
KUALA LUMPUR: CIMB Group's record quarterly earnings helped underpinned the FBM KLCI's higher close on Wednesday but the broader market reflected a more cautious outlook despite the firmer crude oil prices.
KUALA LUMPUR: Profit taking of Petronas-linked stocks weighed on the FBM KLCI on Friday as the 30-stock index ended flat as fund buying was seen in banks and Genting Bhd.
PETALING JAYA: Logistic companies are still getting much love from the market, with investors smitten by the sector’s close link with the country’s booming e-commerce industry.
KUALA LUMPUR: Blue chips piled on their gains early Wednesday, supported by fund buying of Public Bank and Petronas Gas while trading volume crossed one billion shares in the first hour.