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Corporate News 01 Mar 2019 | 12:26 AM

New Toyota models to drive UMW earnings

PETALING JAYA: UMW Holdings Bhd is expected to see positive earnings growth in 2019, driven by the launch of new Toyota models and strong sales of Perodua vehicles.

Corporate News 05 Mar 2019 | 12:00 AM

Cash call option for Bumi Armada

PETALING JAYA: Despite management’s guidance that there will not be an equity raising exercise in the near term, Bumi Armada Bhd may need to recapitalise its balance sheet, said KAF-Seagroatt & Campbell Securities.

Corporate News 07 Mar 2019 | 12:00 AM

MyEG up on news MyCC accepted changes to services

PETALING JAYA: MyEG Services Bhd’s shares closed 17.8% higher at RM1.19 yesterday, following news that the Malaysia Competition Commission (MyCC) has accepted the changes made to the group’s online foreign worker renewal services.

Corporate News 14 Mar 2019 | 12:00 AM

Beer price hike to have limited impact on market

PETALING JAYA: The quantum of price increase for beer is manageable and has a limited negative impact on the malt liquor market volume, said CGS-CIMB.

Corporate News 16 Mar 2019 | 12:00 AM Premium

Heineken out to maintain fine run

AS the first Malaysian managing director of brewery giant Heineken Malaysia Bhd, much will be expected of Roland Bala, the 53-year-old Sarawakian who assumed the role six months ago.

Business 16 Mar 2019 | 12:00 AM

Breweries mitigate price increase pressure

THE brewery business had a spectacular 2018 but this year is turning out to be a tough one.

Business 19 Mar 2019 | 12:00 AM

Brokerage flags concerns over banking industry

PETALING JAYA: Concerns have been flagged for the banking sector by CGS-CIMB, following the continuous weak top-line growth in the fourth quarter of 2018.

Stock on the Move 25 Mar 2019 | 1:23 AM

Quick take: Mynews shares up 3.7% on back of stellar Q1 results

KUALA LUMPUR: Shares of Mynews Holdings Bhd rose after the opening bell on Monday climbing 3.7% as it reported a 30% jump in first quarter net profit. ,

Stock on the Move 28 Mar 2019 | 1:46 AM

Quick take: Yinson shares fall after posting 19% drop in earnings for FY19

KUALA LUMPUR: Yinson Holdings Bhd’s shares fell almost 2% in early trade Thursday after posting a 19.6% drop in its net profit for full financial year ended Jan 31.

Business 04 Apr 2019 | 12:00 AM

IHH share price up despite auditor issue

PETALING JAYA: IHH Healthcare Bhd’s share price rose 3.3% to RM5.60, from Tuesday’s close of RM5.37.