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THE government, on Wednesday, launched a sixth stimulus package since March last year, as policymakers concentrate on targeted measures to boost the economy hammered by the pandemic
Given that delisting risks remain for FGV Holdings Bhd (FGV), CGS-CIMB Research is keeping a “hold” call on the planter with a target price of RM1.30 premised on the previous takeover offer price and in anticipation that the Federal Land Development Authority (Felda) would still pursue a delisting.
PETALING JAYA: Analysts view the recent conditional approval obtained by Taliworks Corp Bhd for its solar acquisitions as positive.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to remain range-bound with a downward bias next week as traders anticipate a weaker export phase in the coming weeks owing to recent high prices.
The long-term trend towards electrification and rising electronics sensors application in the automotive sector will drive automotive semiconductor demand and bode well for KESM.
RHB Research said Top Glove was currently undervalued.