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Analyst Reports

Kenanga downgrades HSL following recent price rally

KUALA LUMPUR: Kenanga research has downgraded Hock Seng Lee Bhd (HSL) to underperform as it believes the recent rally in share price was mainly sentiment-driven given that major infrastructure project tenders are still in the early stages.

Business

Three airlines offer additional low fare flights for CNY

SEPANG: Three airlines have added a total of 376 low fare late night flights for the period between Jan 30 and Feb 12 in conjunction with the upcoming Chinese New Year, said Transport Minister Anthony Loke Siew Fook.

Business

Sarawak tycoon raises stake in Naim to 25.2%

KUCHING: Sarawak tycoon Datuk Amar Abdul Hamed Sepawi has raised his stake in Naim Holdings Bhd by over 9% to about 25.2%, following the completion of the company’s rights issue.

Business

Iljin Materials’ production of electfoil to rise to 25,000 tonnes

KUCHING: South Korea’s Iljin Materials Co Ltd will significantly raise the production of electfoil (electrodeposited copper foil) with the commissioning of its first overseas manufacturing facilities at Sama Jaya Free Industrial Zone here.

Business

First package of Sarawak highway project completed

New road connects Sematan to hidden tourism jewel Telok Melano

SMEBiz

Getting employees involved in giving

BUSINESSES have traditionally given out donations as part of their corporate social responsibility (CSR) efforts.

Business

KPJ Healthcare to focus on brownfield developments

KUALA LUMPUR: KPJ Healthcare plans to explore capex-lite opportunities, including shifting its focus to brownfield expansions after the existing greenfield developments are rolled out.

Business

Petronas sets Jan crude price factor at US$5.50/bbl, highest in 2 years

KUALA LUMPUR: Malaysian state oil firm Petronas has set the price factor for Malaysian Crude Oil (MCO) for January at $5.50 per barrel, 10 cents higher than the previous month, the company said on Monday

Business

HSL gets digital village job

KUCHING: Hock Seng Lee Bhd has been appointed as the contractor for the RM27mil digital village project at Sama Jaya High Tech Park here.

SMEBiz

Rising through real estate ranks

CONSULTANCY firm Rahim & Co International Sdn Bhd is no stranger to the property scene in Malaysia.