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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.
KUALA LUMPUR: Blue chips closed higher on Tuesday, with strong fund buying of Petronas Dagangan, Genting Bhd and RHB Bank, despite the weaker ringgit, while key Asian markets were mostly higher.