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KUALA LUMPUR: Banks will focus on targeted assistance upon the expiry of the loan moratorium in September whereby moratorium will only be offered to borrowers needing financial assistance, according to CGS-CIMB Equities Research.
KUALA LUMPUR: Glove manufacturer Rubberex Corp (M) Bhd, whose share price had run up in line with the other glove makers due to the Covid-19 pandemic, saw minority shareholders being told to reject the takeover offer of RM1.80 per share.
KUALA LUMPUR: Buy Malaysian for Malaysia. This will help put the nation on track towards economic recovery post-Covid-19, says the Prime Minister.
KUALA LUMPUR: Prime Minister Tan Sri Muhyiddin Yassin has called upon consumers to buy Malaysian-made products to boost the domestic economy.
GE-SHEN Corp Bhd hopes to capitalise on any opportunities that may arise from the ongoing US-China trade war as it sees the global supply chain adjusting to new geopolitical realities.
“While non-performing loans would naturally rise, what is more important is the ability of banks to absorb the impact, ” Bank Negara says in response to the potential impact on banks as the loan moratorium expires in September.
PETALING JAYA: Maybank Investment Bank Research (Maybank IB) is retaining its “buy” call on highway operator Lingkaran Trans Kota (Litrak) despite cutting traffic forecasts, which led to lower earnings forecasts and the discounted cashflow target price (TP).
KUALA LUMPUR: Maybank Investment Bank Research is retaining its Buy call on highway operator Lingkaran Trans Kota (Litrak) after cutting traffic forecasts which led to lower earnings forecasts and discounted cashflow target price (TP).