China's Nine Dragons Paper investing RM5.4bil in Malaysia

KUALA LUMPUR: Nine Dragons Paper (Holdings) Ltd, the largest paperboard producer in Asia, is investing RM5.4bil into two manufacturing facilities in Malaysia.

China’s Nine Dragons Paper to invest RM5.4b in paper mill, factory

KUALA LUMPUR: China’s Nine Dragons Paper (Holdings) Ltd will invest up to RM5.40bil, involving the acquisition of a mill, and a factory to focus on paper products in Malaysia, endorsing the country’s attractive investment environment and business friendly policies.

Hartalega quarterly earnings hit RM1bil

KUALA LUMPUR: Hartalega Holdings Bhd delivered another record quarterly profit and predicted that demand for medical gloves will continue to outstrip supply for the next few years.

Hartalega quarterly net profit tops RM1bil for the first time as Covid-19 rages on 

KUALA LUMPUR: Hartalega Holdings Bhd delivered another record quarterly profit and predicted that demand for medical gloves will continue to outstrip supply for the next few years.

Trading ideas: Top Glove, Kanger, Daya, Samaiden, MESB, Seacera

KUALA LUMPUR: Stocks to watch on Monday include Top Glove Corp Bhd, Kanger International Bhd, Daya Materials Bhd, Samaiden Group Bhd, MESB Bhd and Seacera Group Bhd, according to JF Apex Research.

Special dividend fails to stop price drop

PETALING JAYA: Shares of the world’s largest glove maker, Top Glove Corp Bhd, closed lower on the first trading day of the new year despite having committed to a special dividend on top of its existing dividend policy.

Top Glove confident of robust demand over next two years

PETALING JAYA: Top Glove Corp Bhd’s average selling price (ASP) is expected to jump 30% quarter-on-quarter in the second quarter of 2021, on the back of higher volumes from new capacities and product mix skewed towards higher margin nitrile gloves.

Top Glove confident of robust demand in next two years

Kenanga maintains 'outperform' on Top Glove

KUALA LUMPUR: Kenanga Research maintained an "outperform" call on Top Glove Corp Bhd after raising its FY21 net profit forecast by 40% to account for higher average selling prices.

WCE bags RM127mil Kota Seri Langat highway access job

KUALA LUMPUR: WCE Holdings Bhd has entered into a memorandum of agreement with Seriemas Development Sdn Bhd to build a proposed access from West Coast Expressway to a mixed development project in Kota Seri Langat.