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PETALING JAYA: The growth prospects for TH Plantations Bhd looks promising, aided by the planter’s progressing strategic recovery plan and a boon from the multi-year high price of crude palm oil (CPO).
KUALA LUMPUR: Maybank Investment Bank Research maintained its "hold" call on TH Plantations Bhd amid missed estimates on lower-than-expected crude palm oil average selling price (CPO ASP) and weaker-than-exepcted fresh fruit bunch output.
WITH the slew of banking results for the recent quarter fully released, the market appears to have gained more confidence that an economic recovery is now on a firmer footing.
KUALA LUMPUR: Shares in Bermaz Auto Bhd (BAuto) rose in early trade Thursday after posting a 21.8% jump in net profit in the third quarter ended Jan 31.
Regional banks like Maybank and CIMB continued to report subdued loan growth with Malaysia’s loan expansion offset by a contraction in international markets’ loans, it said.
The key risk with DNB lies in its execution, given the tight timeline for the deployment of the 5G network with commercialisation of services slated by year-end.