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KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) said global economic weakness amid rising geopolitical tensions and on-going trade war issues has impacted demand, as the national energy company reported a 52% drop in third quarter pre-tax profit.
PETALING JAYA: Solar power-related players in Malaysia are among the key beneficiaries of Budget 2020, on the back of tax incentives aimed at boosting the Malaysian green economy.
KUALA LUMPUR: Blue chips advanced in early Friday trade ahead of the Budget 2020 announcement while key Asian markets climbed on a more positive outlook for the US-China trade talks.
KUALA LUMPUR: Shares in Cypark Resources Bhd gained over 5.4% in early trade Friday after the company has entered into three Memorandum of Understanding (MoU) for renewable energy (RE) projects.
KUALA LUMPUR: JF Apex Research expects Cypark Resources Bhd, MISC Bhd, Axiata Group Bhd, Careplus Group Bhd and WZ Satu Bhd to be among the stocks to watch on Friday.
PETALING JAYA: Cypark Resources Bhd has inked two memoranda of understanding (MoUs) to jointly develop solar photovoltaic projects under the Net Energy Metering scheme in Negri Sembilan and Kedah.
KUALA LUMPUR: Cypark Resources Bhd is expanding its renewable energy business with plans to develop rooftop solar projects in Kedah and Negeri Sembilan, as well a potential waste-to-energy collaboration with Petronas Chemicals Group Bhd.
A surge of interest is hitting the sandy shores of Pulau Pangkor in a sudden awakening for the sleepy coastal town, following last year’s confirmation from the federal government that it will proceed with the plan to grant the island duty free status effective January 1,2020.
KUALA LUMPUR: Cypark Resources Bhd’s shares is staging for potential recovery from its prior downtrend, according to PublicInvest Research.