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Westports sees 5%-10% higher container volume

KUALA LUMPUR: Westports Holdings Bhd expects the volume of shipping containers that passes through its port in Klang to grow by between 5% and 10% this year on the back of steady growth in the first quarter.

Analyst Reports

CIMB Research retains Hold on Daibochi, TP RM4.38

KUALA LUMPUR: CIMB Equities Research is maintaining its Hold recommendation on Diabochi Plastic and Packaging with a target price of RM4.38.


Malakoff sees low rate for retail subscription

PETALING JAYA: Power producer Malakoff Corp Bhd saw a significantly smaller oversubscription rate for the retail portion of its offering compared with the institutional fund interest shown for its initial public offering (IPO).


Malakoff valued at RM9bil

KUALA LUMPUR: Malaysia’s largest independent power producer Malakoff Corp Bhd, which is making a comeback to Bursa Malaysia on May 15, has priced its initial public offering (IPO) at RM1.80 a share, valuing the company at RM9bil.