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Markets 19 Feb 2019 | 5:01 AM

KLCI passes 1,700 points, PChem lifts

KUALA LUMPUR: The FBM KLCI passed the 1,700-point mark in the early Tuesday session as an upturn in investor sentiment over global growth lent a lift to equities.

Stock on the Move 19 Feb 2019 | 1:23 AM

Quick take: Kossan profit sends shares up 3.75%

KUALA LUMPUR: Kossan Rubber Industries Bhd is one of the top performer on Bursa Malaysia with shares up 3.5% in early trade after it posted a higher profit.

Analyst Reports 19 Feb 2019 | 12:43 AM

PublicInvest maintains neutral on KL Kepong, TP of RM22.86

KUALA LUMPUR: Kuala Lumpur Kepong Bhd's core net profit of RM175.2mil in 1QFY19 came in broadly in line with expectations, said PublicInvest research.

Analyst Reports 19 Feb 2019 | 12:18 AM

CIMB Research sees residential mortgage growth falling to 7%

KUALA LUMPUR: CIMB Equities Research expects residential mortgage growth, which is the largest loan segment of the banking industry’s total loans, to slow down further in 2019 due to the cautious view of the market.

Corporate News 19 Feb 2019 | 12:00 AM

Lim: New financing guarantee scheme to spur SMEs

KUALA LUMPUR: The government will increase access financing for small and medium enterprises (SMEs) through a new financing guarantee scheme worth RM2bil via Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP).

Corporate News 19 Feb 2019 | 12:00 AM

EPF: Can't be 'too adventurous' in a challenging 2019

KUALA LUMPUR: Uncertainties worldwide will be the new norm as businesses adjust into 2019, and as far as the Employees Provident Fund (EPF) is concerned, it is not a time for it to be “too adventurous.”

Corporate News 19 Feb 2019 | 12:00 AM

Kossan Rubber posts 30% jump in Q4 net profit

PETALING JAYA: Net profit for the fourth quarter rose 29.6% for Kossan Rubber Industries Bhd to RM59.5mil, on the back of improved performance in all three of the group’s divisions.

Corporate News 19 Feb 2019 | 12:00 AM

KLK sees rebound in crude palm oil prices

PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) said the steep drop in the price of crude palm oil (CPO) at the end of last year resulted in a lower profit contribution from its core plantation business, but expects a rebound in prices to support its performance in the coming months.

Business 19 Feb 2019 | 12:00 AM

DBS forecasts stable loan growth this year

South-East Asia’s biggest bank reports record annual profit for 2018

Corporate News 19 Feb 2019 | 12:00 AM

Maxis appoints Ogut as CEO

PETALING JAYA: Maxis Bhd has appointed Gِkhan Ogut (pic) as chief executive officer (CEO), effective on May 1.