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KPS records jump in 1Q net profit on broader earnings base
KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd's net profit for the first quarter ended March 31, rose nearly two-fold to RM3.14mil from the previous corresponding quarter as revenue was bolstered by a broader earnings base.
Plantation sector gets boost from India
Analysts are positive on the recent renewed buying interest from India for crude palm oil (CPO) from Malaysia.
Ideal United Bintang to develop PR1MA project
GEORGE TOWN: Ideal United Bintang International Bhd (IUBIB) will develop RM828.6mil worth of property for the 1Malaysia People’s Housing or PR1MA programme in the fourth quarter.
Trading ideas: Genting, AirAsia, CIMB, Tadmax, HLT Global, Dataprep
KUALA LUMPUR: Stocks to watch on Wednesday include Genting Bhd, AirAsia Group Bhd, CIMB Group Holdings Bhd, Tadmax Resources Bhd, HLT Global Bhd and Dataprep Holdings Bhd, according to JF Apex Research.
Tadmax plans to sell 25% in unit for RM41.75mil
PETALING JAYA: Tadmax Resources Bhd plans to sell a 25% stake, comprising 12.5 million shares, in its wholly owned subsidiary Pulau Indah Power Plant Sdn Bhd (PIPP) to South Korea’s largest electric utility, Korea Electric Power Corp (Kepco), for RM41.75mil.
Tadmax sells 25% in power plant firm to Korea's Kepco for RM41.75m
KUALA LUMPUR: Tadmax Resources Bhd is selling a 25% stake in its independent power plant company to Korea Electric Power Corporation (Kepco) for RM41.75mil.
Westports extends expansion of terminals by five years
PETALING JAYA: Westports Holdings Bhd has extended the proposed construction of more container terminals (CT) costing RM10bil by another five years to 30 years due to the near-term impact of Covid-19.
Quick take: Tadmax shares up 16% on disposal move
KUALA LUMPUR: Shares in Tadmax Resources Bhd rose this morning after the company announced a plan to sell an additional 40% stake in its Pulau Indah power plant project
Trading ideas: Tadmax, SunCon, Pestech, AirAsia, AAX, Uchi Technologies
KUALA LUMPUR: Stocks to watch on Friday include Tadmax Resources Bhd, Sunway Construction Group Bhd, Pestech International Bhd, AirAsia Group Bhd, AirAsia X Bhd (AAX), Uchi Technologies Bhd and VS Industry Bhd, according to JF Apex Research.
ACO debuts on Bursa amid movement control order
KUALA LUMPUR: ACO Group Bhd, which made its debut on the ACE Market of Bursa Malaysia on Wednesday, says it remains focused on its expansion plans to tap into growth opportunities ahead.
