Divergent views on FGV takeover

IN a rare instance of a corporate takeover, the independent directors of a listed company have expressed different assessments of the deal as compared to what the independent advisers have said.

Re-rating catalyst for banking sector

PETALING JAYA: Banks are expected to have a better net interest margin (NIM) outlook in 2021, following the decision by Bank Negara to keep the overnight policy rate (OPR) unchanged.

Lower utilisation, charter rates to weigh on Velesto

PETALING JAYA: Velesto Energy Bhd’s core net loss for the financial year ended Dec 31,2020 (FY20) may be more than previously estimated, due to lower-than-expected utilisation and daily charter rates in last year’s fourth quarter (Q420), said a CGS-CIMB Research report.

Westports to raise funds for W2 capex next year

Axis REIT earnings growth projected at 10% for this year

PETALING JAYA: Despite the Covid-19 pandemic, Axis Real Estate Investment Trust (REIT) has a high tenant retention rate and this poses lower risk of non-renewals.

The week that was - Permai package, low interest, MAG revamp, chips demand

Lower malt liquor market volume seen

PETALING JAYA: Brewers are likely to be negatively affected by the implementation of the latest mandatory control order (MCO), particularly in terms of lower malt liquor market (MLM) volume.

Sentral REIT expected to record flattish earnings

PETALING JAYA: Sentral Real Estate Investment Trust (REIT), formerly MRCB-Quill REIT, is likely to see flattish year-on-year earnings growth in 2021 and 2022, given minimal lease expiries and its track record of low single-digit positive reversions.

PetGas poised to gain from potentially higher natural gas usage

PETALING JAYA: Petronas Gas Bhd (PetGas) is emerging as a potential environmental, social and governance (ESG) rotation play, according to CGS-CIMB Research.

Cushioning the impact of MCO 2.0

New fiscal plan will not add to government deficit, say economists