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Malaysia Airlines forecast to post core net loss of RM1.01bil in FY13

PETALING JAYA: Malaysia Airlines (MAS) has been forecast to post a core net loss of RM1.01bil for the financial year ended Dec 31, 2013 (FY13) while AirAsia Bhd is expected to post a core net profit of RM651mil for FY13.

Lafarge to leverage on new plants, will cut down delivery time

PETALING JAYA: Lafarge Malaysia Bhd looks to benefit from a quicker turnaround time and higher efficiency stemming from its new plants. The locally listed French cement maker will open a new concrete batching plant in the heart of Kuala Lumpur at Jalan Chan Sow Lin and another quarry in Nilai this year.

Padini upgraded to 'buy' with target price bumped up to RM2.40

HwangDBS Vickers Research said Padini Holdings Bhd’s near-term earnings would be backed by five new store openings by end-June.

AirAsia to be beneficiary of any restructuring of MAS

PETALING JAYA: A much-needed “reboot” of Malaysia Airlines (MAS) will have major positive repercussions on Malaysia’s airline sector, with AirAsia Bhd poised to be the safest and clearest beneficiary of any such restructuring, said CIMB Research.

AirAsia upgraded to Buy by AllianceDBS

KUALA LUMPUR: AllianceDBS Research is upgrading AirAsia to a Buy from “Hold” with a target price of RM2.80 per share on a price-to-earning ratio of 11 times based on financial year ending Dec 31, 2015.

Busy year for Cuscapi

CUSCAPI Bhd, which provides IT systems for the food and beverage (F&B) industry, is having a busy year so far.

RHB Research maintains Buy on MAHB

KUALA LUMPUR: RHB Research has maintained its Buy call on MAHB with a fair value of RM9.80, it said in a note on Tuesday.

Diary Malaysia April 30 (Wednesday)

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

Diary Malaysia June 11 Wednesday

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

Brahims, MAS shares close higher on restructuring hopes (Update)

KUALA LUMPUR: Shares of Brahims Holdings ended stronger on Wednesday’s close as investors were riding on hopes of the restructuring plans of Malaysia Airlines (MAS), which is Brahim's biggest client.