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Corporate News 26 Feb 2019 | 12:00 AM

Shares of highway concessionaires in for a rough ride

PETALING JAYA: Uncertainty over how the government will handle the announced highway takeovers has spooked investors, sending the share prices of listed highway concessionaires tumbling. Among the counters that were hit was Gamuda Bhd, with which the government said it had begun talks to negotiate the acquisition of concessions for four main highways in which the group owns majority stakes.

Stock on the Move 21 Feb 2019 | 1:26 AM

Quick take: MSM drops 6.2% after Q4 earnings, top loser on Bursa

KUALA LUMPUR: MSM Malaysia Holdings Bhd is the top loser in early trade this morning after posting its first quarterly losses since June 2017, on lower sales volume and cheaper average selling prices.

Corporate News 18 Feb 2019 | 12:00 AM

Growth momentum to continue for Carlsberg

PETALING JAYA: Carlsberg Brewery Malaysia Bhd is expected to continue its growth momentum, albeit at a normalised pace for the current financial year ended Dec 31, 2019 after it delivered a higher-than-expected set of results for financial year 2018, say analysts.

Stock on the Move 15 Feb 2019 | 2:00 AM

Quick take: Carlsberg shares up after profits beat expectations, record dividend

KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd’s shares soared Friday after its latest financial results topped expectations coupled with record RM1 dividend.

Plantations 13 Feb 2019 | 12:00 AM

CGS-CIMB: Palm oil stocks set to continue dropping this month

PETALING JAYA: Palm oil stocks are expected to continue to decline in February after falling 6.7% month-on-month (m-o-m) in January on the back of a recovery in exports and higher consumption.

Banking 07 Feb 2019 | 12:00 AM

Neutral outlook seen for banking sector

PETALING JAYA: The outlook for the banking sector this year is largely neutral, with analysts citing the prevailing uncertainties on the domestic as well as external fronts.

Investment 02 Feb 2019 | 12:00 AM Premium

Value Partners plans to raise RM2bil this year

THE brand new office of Value Partners Malaysia sits on the 28th floor of Integra Tower, The Intermak in Kuala Lumpur. Overlooking the conference room is a majestic view of Kuala Lumpur’s bustling city centre.

Stock on the Move 30 Jan 2019 | 2:26 AM

Quick take: CMMT shares rise despite lower earnings

KUALA LUMPUR: CapitaLand Malaysia Mall Trust (CMMT) rose in early trade Wednesday although its results came in below expectations.

Property 30 Jan 2019 | 12:00 AM

Research house sees intense competition in affordable housing sector

PETALING JAYA: The intense competition for affordable housing is expected to continue as home ownership for the B40 group remains the government’s top agenda.

Stock on the Move 25 Jan 2019 | 1:45 AM

Quick take: Karex dips on negative news flow

KUALA LUMPUR: Karex Bhd opened lower in the red on Friday following media report that the company provided poor living conditions for its foreign workers.