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IT is less than a fortnight until the closing date of Bank Negara’s digital bank licence application and the heat it is generating is intense.
TENAGA Nasional Bhd received it, so did Magnum Bhd and Aeon Credit Service (M) Bhd. UEM Sunrise Bhd too was given one, while its sister company, UEM Edgenta Bhd, could not escape either.
Blue chips slipped in early Tuesday trade, as the mild rebound deflated despite stronger first quarter corporate earnings as investors worried about the record deaths and infections from the Covid-19.
KUALA LUMPUR: The FBM KLCI bucked regional trends and closed lower on Monday in the absence of fresh catalysts amid rising number of Covid-19 cases in the country.
KUALA LUMPUR: KUB Malaysia Bhd, MSM Malaysia Holdings Bhd, Top Glove Corp Bhd, Aeon Credit Service (M) Bhd, MMC Corp, Axiata Group Bhd and Digi.Com Bhd are among the stocks to watch on Friday, according to JF Apex Research.
KUALA LUMPUR: Aeon Credit Services Bhd reported improved profits in the last quarter ended Feb 28 on lower impairment losses and higher bad debt recovered.
PETALING JAYA: Unheralded shuttler Tan Jia Jie reignited his hopes of joining the national team by being crowned the Under-18 boys’ singles champion of the just-concluded Aeon Credit Purple League Junior (PLJ) in Perak.
KUALA LUMPUR: Some mild buying of blue chips helped the FBM KLCI extend its rebound early Friday but the tech sell-off on Wall Street and weaker Asian markets weighed on the broader market.
KUALA LUMPUR: The benchmark FBM KLCI ended at its intraday high on Wednesday amid cautious trade ahead of release of fourth-quarter gross domestic product (GDP) data.
KUALA LUMPUR: Stocks to watch on Thursday include AE Multi Holdings Bhd, Dayang Enterprise Holdings Bhd, HeiTech Padu Bhd, Eco World Development Group Bhd, UEM Sunrise Bhd and Chin Hin Group Bhd, according to JF Apex Research.