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KUALA LUMPUR, Sept 18 (Bernama): The impact of the Covid-19 pandemic on the oil and gas industry (o&g), coupled with green agenda activism, could trigger an era of mega-mergers and consolidation among the super majors in the industry, AmInvestment Bank Bhd analyst Alex Goh said.
KUALA LUMPUR: Shares in Top Glove Corp Bhd rose over 3% in early trade Friday after the group beat analyst expectations in its latest quarterly results.
PETALING JAYA: Scientex Bhd will be able to maintain its gross profit margins as the group operates on a cost pass-through business model for most of its large clients
KUALA LUMPUR: AmInvestment Bank Research has started coverage on Scientex with a Buy call and a fair value of RM10.74 based on sum-of-parts (SOP) valuation.
Concerns raised over weak management at sugar company
KUALA LUMPUR: The Covid-19 crisis has pushed the Malaysian palm oil industry into a labour crunch so severe that it’s turning to prisoners and parolees for help.
PETALING JAYA: Banks are not likely to suffer a further hammering in earnings with Bank Negara expected to maintain its current key benchmark interest rate at 1.75% at its Monetary Policy Committee (MPC) meeting tomorrow.
KUALA LUMPUR: AmInvestment Bank Research is maintaining its neutral call on the banking sector as the uncertainty overhanging the asset quality of banks after the loan moratorium remains a concern.