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JOHANNESBURG: Naspers Ltd is asking Investec Ltd to withdraw an analyst report that it says contains errors and has damaged Africa’s biggest company by market value and its shareholders.
FOR the financial year 2015 (FY15), Malaysian Resources Corp Bhd (MRCB) achieved total sales of RM597mil. It could have been stronger if not for the weaker sales in the second half of 2015 (2H15), CIMB Research said.
KAWAN Food Bhd is Malaysia’s largest frozen flour products producer. Its main products are roti paratha, chapatti and spring roll pastry. The domestic market makes up the largest share of the group’s revenue at 40%, while the United States is its largest export market at 30% of group revenue.
ITHE earnings impact on IHH Healthcare Bhd from its proposed acquisition of Bulgarian Tokuda Group and City Clinic Group will be minimal, said HLIB Research
Apple shares took a bruising following a disappointing quarterly report, while an analyst report showed the US tech giant’s freshly launched smartwatch rules the growing market.