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Firm hopes this will improve units’ financial position
IN the latest twist in the Federal Land Development Authority (Felda)-FGV Holdings Bhd saga, the former has laid out a plan to launch a mandatory takeover offer (MGO) for all FGV shares.
KUALA LUMPUR: Stocks on Bursa Malaysia traded mixed early Friday on mild profit taking after the strong run-up the previous day, underpinned by foreign and local funds buying.
PETALING JAYA: FGV Holdings Bhd is continuing to engage with the US Customs and Border Protection (CBP) over the Withhold Release Order (WRO) following allegations of its labour policies.
KUALA LUMPUR: FGV Holdings Bhd is continuing to engage with the US Customs and Border Protection (CBP) over the Withhold Release Order (WRO) following allegations of its labour policies.
PETALING JAYA: Local oil and gas (O&G) service providers’ earnings could be impacted from the low activity level in the industry as Petroliam Nasional Bhd (Petronas) tightens its spending and delays some of its projects, according to analysts.
KUALA LUMPUR: The Life Insurance Association of Malaysia (LIAM) and its member companies have extended the additional relief measures for affected policyholders until Dec 31, 2020 following the third wave of the COVID-19 pandemic in the country.
PETALING JAYA: There may still be some downside risks for oil and gas (O&G) companies in the second half of the year despite some of the companies having guided for a recovery in the third quarter.
KUALA LUMPUR: Earnings downside risk remains prevalent for oil and gas stocks due to contract deferrals, according to UOB Kay Hian Malaysia Research’s channel checks.