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KUALA LUMPUR : Jaya Tiasa Holdings Bhd is benefiting from higher-than-expected plywood prices but log prices remain under pressure, says Affin Hwang Capital Research.
KUALA LUMPUR: AmInvestment is retaining its Buy call for Jaya Tiasa with an unchanged fair value of RM2.18 a share, based on an FY16F PE of 25 times.
KUALA LUMPUR: Sarawak-related stocks on Bursa Malaysia are likely to be in the spotlight as the state braces for its 11th election.
KUALA LUMPUR: Malaysia’s stock market closed Tuesday on a firmer note, with the FBM KLCI up more than 12 points, underpinned by local fund buying of Petronas Chemicals, IOI Corp and Maybank.
KUALA LUMPUR: The Malaysian Anti-Corruption Commission has uplifted the bank account of Jaya Tiasa Holding Bhd’s subsidiary which was frozen on May 15 following a probe into illegal logging.