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Business

Breakfast briefing: Monday, May 23

Breakfast briefing: Monday, May 23

Business

UEM Edgenta falls after earnings forecast

PETALING JAYA: Shares in UEM Edgenta Bhd fell 5.8% yesterday, the sharpest one-day decline in a year after analysts had forecast slower earnings for the company.

Business

Worsening market conditions continue to impact UEM Edgenta's Canadian unit

KUALA LUMPUR : Softer market conditions in Canada coupled with the fall in oil and gas prices has had a sharp impact UEM Edgenta Bhd's 61%-owned Opus International Consultants Ltd (OICL) which reported a trading loss of C$5.2mil (RM16.58mil).

Business

UEM Edgenta’s Canada unit likely to do better in H2

PETALING JAYA: UEM Edgenta Bhd’s 61.2%-owned subsidiary, Opus International Consultants Ltd (OICL) is expecting its Canadian operation to achieve better performance in the second half of this year.

Business

Trading ideas: UEM Edgenta, Knusford, Kim Teck Cheong, Crest Builder

KUALA LUMPUR: JF Apex Research expects UEM Edgenta, Knusford, Kim Teck Cheong, Crest Builder to be among the stocks which could see trading interest on Tuesday after their corporate announcements.

Business

UEM Edgenta’s subsidiary to manage Malaysia Airlines facilities

KUALA LUMPUR: UEM Edgenta Bhd’s 80%-owned subsidiary KFM Holdings Bhd (KFMH) has netted a RM42.99mil contract to provide facilities management services to Malaysia Airlines Bhd (MAB), another company ultimately owned by Khazanah Nasional Bhd.

Business

Trading ideas: SapuraKencana, OCK, UEM Edgenta, Subur Tiasa, JAKS

KUALA LUMPUR: JF Apex Research expects SapuraKencana Petroleum, OCK, UEM Edgenta, Subur Tiasa and JAKS Resources to be among the stocks to watch on Wednesday.

Business

Karex enters ‘Best under a Billion’ list

PETALING JAYA: Five Malaysian companies, including new entrant Karex Bhd, the world’s largest manufacturer of condoms, made it to the 2016 Forbes Asia’s “Best Under A Billion” list.

Business

UEM Edgenta clinches RM87mil job under MRT project

KUALA LUMPUR: UEM Edgenta Bhd’s unit Edgenta Propel Bhd has secured an RM87mil contract from Ahmad Zaki Sdn Bhd for the relocation of telecommunication works in relation to the Sungai Buloh-Serdang-Putrajaya (SSP) mass rapid transit line project (Persiaran Dagang to Jinjang stretch).

Business

Trading ideas: UEM Edgenta, SMTrack, Petronas Gas, Guan Chong

KUALA LUMPUR: JF Apex Research expects UEM Edgenta, SMTrack, Petronas Gas and Guan Chong to be among the stocks which could attract trading action on Monday.