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Business 06 Jul 2019 | 12:00 AM Premium

Syed Mokhtar cements media focus

Tan Sri Syed Mokhtar Albukhary’s recent moves to cement his position in the local media scene can be said to an incongruous one. For one, he belongs to that small group of Malaysian tycoons who remain steadfastly media-shy.

Business 06 Jul 2019 | 12:00 AM

A better second half anticipated

AFTER a rocky first half, investors now find themselves hoping that the second half will see Malaysian equities play catch-up to their regional peers. 

Business 05 Jul 2019 | 12:00 AM

MGO for Media Prima seen unlikely

PETALING JAYA: CGS-CIMB Research says it is unlikely a mandatory general offer (MGO) will take place for Media Prima Bhd following news reports that tycoon Tan Sri Syed Mokhtar Al-Bukhary is upping his stake in the media group.

Business 05 Jul 2019 | 12:00 AM

Yinson upgraded to ‘add’

KUALA LUMPUR: CGS-CIMB Research has reversed its short-lived downgrade to “hold” recommendation for Yinson Holdings Bhd that it had issued on June 26.

Business 04 Jul 2019 | 1:25 AM

Lacklustre start for KLCI as HL Bank and Tenaga weigh

KUALA LUMPUR: Blue chips got off on a lacklustre start on Thursday in absence of strong leads from institutions as Hong Leong Bank and Tenaga Nasional slipped in thin trade.

Business 04 Jul 2019 | 12:21 AM

CGS-CIMB Research upgrades Yinson back to Add from Hold

KUALA LUMPUR: CGS-CIMB Research has reversed its short-lived “Downgrade to Hold” recommendation for Yinson that it had issued on June 26 and upgrade the oil and gas services company back to an Add call.

Business 04 Jul 2019 | 12:01 AM

CGS-CIMB Research ups Tenaga target price to RM15.40

KUALA LUMPUR: CGS-CIMB Research has raised Tenaga Nasional’s target price from RM13 to RM15.40 as it removes the 10% discount to the average sector price-to-earnings (P/E).

Business 03 Jul 2019 | 12:00 AM

Sunway 'buy', Rahill 'buy', Uzma 'market perform', MAHB 'add'

SUNWAY BHD: THE group’s latest land deal with the Selangor State Development Corp (PKNS) is very much in line with its strategy to execute fast turnaround projects to ride through the current slowdown in the property market

Business 02 Jul 2019 | 12:00 AM

LSK’s proposed acquisition of Italhouse seen positive

PETALING JAYA: Natural latex bedding manufacturer Lee Swee Kiat Group Bhd’s (LSK) proposed acquisition of Johor-based Italhouse furniture retail chain is viewed as a positive, according to one research house.

Business 01 Jul 2019 | 12:00 AM

CGS-CIMB starts Malaysian stockbroking operations

KUALA LUMPUR: CGS-CIMB Securities Sdn Bhd (CGS-CIMB Malaysia), a joint venture between CIMB Group Holdings Bhd (CIMB) and China Galaxy International Financial Holdings Ltd (CGI), a wholly-owned subsidiary of China Galaxy Securities Co Ltd (CGS), will officially commence operations today.