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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.
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.
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).
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
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.
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.