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Global industrial fasteners market growth lifts company
KUALA LUMPUR: US-based Lam Research Corporation, a leading provider of wafer fabrication equipment (WFE), which made Malaysia a manufacturing centre of excellence, plans to add further capacity, according to an analyst report.
Property developer Mah Sing Group Bhd said it has received new bookings worth RM37mil a week via its digital platforms - website and mobile apps - during the MCO period.
PETALING JAYA: MISC Bhd has clarified that its petroleum shipping arm AET Tanker Holdings Sdn Bhd is not affected by the United States sanctions against Venezuela.
PETALING JAYA: Oil prices are almost back to pre-shock levels yesterday following Monday’s 10% surge due to a weekend drone attack on one of Saudi Arabia’s most important oil facilities that many assumed would cripple petroleum exports for days or weeks.
KUALA LUMPUR: AmInvestment research has downgraded N2N Connect Bhd to hold from buy with a reduced fair value of 70 sen a share from 73 sen previously, as it slashed FY19F-FY21F forecasts by 14-15%.
KUALA LUMPUR: AllianceDBS research expects Kimlun Corp Bhd's manufacturing orders to accelerate with growing demand from Singapore and Malaysia.
MIDF downgrades KKB to Neutral, maintains TP at RM1.47
KUALA LUMPUR: Kenanga research said Wilmar International's 2Q19 core net profit came in broadly wtihin expectations at US$111mil, which represents 40% and 38% of its and consensus full-year estimates respectively.
KUALA LUMPUR: Kenanga research views Peronas Chemicals Group Bhd's strong 2Q19 results of RM1.12bil as not sustainable owing to heavy statutory turnarounds in 3Q19 to hit bottom-line.