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Revival of mega projects positive for building materials sector
KUALA LUMPUR: Kenanga Investment Bank Research is maintaining its neutral outlook on the automotive, plastics and packaging, ports and logistics sectors while it upgraded the building materials sector and kept its underweight rating on healthcare.
PETALING JAYA: The target price for crude palm oil (CPO) has been revised upward to RM2,500 per tonne for this year and RM2,600 per tonne for next year, according to Kenanga Investment Bank Research, an increase of RM200 in both cases.
KUCHING: Sarawak’s production and exports of logs from planted forests have surged as the cultivated fast-growing commercial timber trees attain maturity after between 10 and 14 years.
Lower demand from Japan adds to soft prices of plywood products
SIBU: Ta Ann Holdings Bhd’s business operations have not been severely impacted by the Covid-19 pandemic, says executive chairman Datuk Amar Abdul Hamed Sepawi.
SINGAPORE: A walk down Orchard Road shows just how badly the coronavirus pandemic has hit Singapore’s famed shopping strip.
KUALA LUMPUR: Affin Hwang Capital Research is maintaining its neutral rating on the plantation sector, with Ta Ann as its top pick.