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CGS-CIMB Research retains hold for Telekom, TP RM3.40
KUALA LUMPUR: CGS-CIMB Equities Research is retaining its Hold and discounted cashflow-based target price of RM3.40 pending further details from TM’s #khabarbaik event and upcoming 2Q19 results. 2019-07-29 04:06:45.517
Lacklustre start for Bursa ahead of US-China talks, Fed rate
KUALA LUMPUR: Bursa Malaysia kicked of the new week on Monday on a lacklustre note, in line with key Asian markets, ahead of the US Federal Reserve meeting and US-China trade talks.
Sasbadi looking to grow export markets, CGS-CIMB Research keeps 21c TP
KUALA LUMPUR: Sasbadi Holdings is looking to grow its export markets, focusing on pre-school books and non-academic books such as comics and novels, CGS-CIMB Equities Research says.
CGS-CIMB Research sees more land deals for Mah Sing, retains Add
KUALA LUMPUR: CGS-CIMB Equities Research is positive on Mah Sing Group’s purchase of 5.47 acres of land in Kepong for RM94.8mil which has a potential gross development value (GDV) of RM705mil.
CGS-CIMB Research positive on TNB, sees regulatory risk as low
KUALA LUMPUR: CGS-CIMB Equities Research is positive on Tenaga Nasional Bhd (TNB) as the regulatory risk from the energy sector reform seems to be low, as the power giant will likely maintain its monopoly in the transmission and distribution segments.
CGS-CIMB Research positive on Tenaga, regulatory risk low
KUALA LUMPUR: CGS-CIMB Equities Research is positive on Tenaga Nasional as the regulatory risk from sector reform seems to be low, as the power giant will likely maintain its monopoly in the transmission & distribution segments.
Orion bets big on small loans
SHAH ALAM: Last year, budding financial technology (fintech) firm Orion IXL Bhd got its first big break with a 15-year contract to provide end-to-end loan application solutions for the country’s top cooperative (co-op).
National cars maintain lead
National carmakers Proton and Perodua dominate sales over their foreign counterparts in the first half of this year as more customers traded their cars for more competitively-priced sport-utility vehicles (SUVs) despite the uncertain economic conditions.
Contractors could secure up to RM11bil in ECRL
PETALING JAYA: Local contractors could secure between RM8.8bil and RM11bil in civil work contracts from the RM44bil East Coast Rail Link (ECRL), which is set to be relaunched at the end of the month.
Khazanah clarifies on CIMB shares sale
KUALA LUMPUR: Khazanah Nasional Bhd has clarified that it has not dispose of its shares in CIMB Group Holdings Bhd.
