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Corporate News 21 Aug 2017 | 11:51 AM

Petronas Dagangan’s profit boosted by higher selling prices

KUALA LUMPUR: Petronas Dagangan Bhd (PetDag) posted a 14% jump in second-quarter (Q2) earnings to RM246.04mil despite selling lower volumes. bolstered by the higher average selling prices.

Analyst Reports 03 Aug 2017 | 4:05 AM

Credit negative on Noble's profit warning

Moody's Investors Services latest Credit Outlook says Noble Group Ltd's profit warning indicates a credit negative for the commodities giant.

Business 11 Jul 2017 | 12:00 AM

Wanda reins in theme park and hotel drive

China property giant selling tourism projects to Sunac for US$9.3bil

Corporate News 10 Jul 2017 | 6:54 AM

China’s Wanda steps back from theme park, hotel drive with US$9.3b Sunac deal

HONG KONG: Dalian Wanda Group said it would sell Chinese tourism projects and hotels to Sunac China for US$9.3 billion, marking a step back for the property giant from its theme park ambitions.

Analyst Reports 05 Jul 2017 | 12:00 AM

Heveaboard 'buy', Sime Darby 'sell', Chin Hin 'outperform', Allianz 'buy'

HLIB Research said the switch in consumption trend for furniture products, coupled with the declining supply of tropical log wood, bodes well for processed wood products, including particleboard and ready-to-assemble (RTA) furnitures, thanks to their competitive cost structure and pricing.

Business 20 May 2017 | 12:00 AM

Investors eyeing HK told to look at firms with asset disposal plans

INVESTORS eyeing Hong Kong property stocks should look at companies with asset disposal plans, according to CIMB Research.

Analyst Reports 18 May 2017 | 12:00 AM

Pharmaniaga 'neutral', Matrix Concepts 'market perform', Dialog 'buy'

Pharmaniaga’s first quarter 2017 earnings came in at RM18.9mil, which MIDF Research said was within estimates.

Commodities 04 May 2017 | 4:18 PM

Shell's profit surges as oil sector rebounds

LONDON: Royal Dutch Shell said net profit more than doubled in the first quarter, joining its peers in beating analyst forecasts as rebounding oil prices and refining margins lifted revenue after a near three-year downturn.

Corporate News 23 Jan 2017 | 12:55 AM

Strategic investors to take up 10% of new WCT shares: AmInvestment

KUALA LUMPUR: AmInvestment Research is retaining its Hold call for WCT, its forecasts and also fair value of RM1.86 after meeting with WCT’s new management after the recent takeover by Tan Sri Desmond Lim.

Business 13 Jan 2017 | 12:00 AM

EKA Noodles to close flagship plant in Baling

PETALING JAYA: EKA Noodles Bhd has decided to close its flagship rice and sago sticks (vermicelli) manufacturing plant in Baling, Kedah, and cease its operations by the middle of next week.