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HONG KONG: Asian junk bonds have sold off amid defaults and concerns over refinancing risks, dividing veterans on where the US$121bil market is headed.
PETALING JAYA: Although the property retail scene will remain challenging in the next couple of years as a result of rising retail space and the competition brought about by e-commerce, the retail sector will continue to grow, albeit at a much slower pace, backed by more “targeted valued content and offerings” using different delivery channels.
KUALA LUMPUR: Ni Hsin Resources Bhd, Caely Holdings Bhd, Comfort Gloves Bhd, Suria Capital Holdings Bhd and MMC Corp Bhd are among the stocks to watch on Monday, according to JF Apex Research.
KUALA LUMPUR: Ni Hsin Resources Bhd has emerged as a substantial shareholder in Caely Holdings Bhd with a 7.25% stake or 5.80 million shares.
PETALING JAYA: Parkson Holdings Bhd is looking to open in several new locations with a presence in newer and more exciting malls while exiting those that do not fit in with the company’s market dynamics.
PETALING JAYA: Ni Hsin Resources Bhd has entered into a memorandum of understanding (MoU) with Protection Rigging Access Services Sdn Bhd (PRA) with the aim of fabricating and supplying scaffolding, materials and accessories to the latter.