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Gaming sector, numbers forecast operators might take hit from MCO
DUE to the second movement control order (MCO 2.0), gaming and numbers forecast operators (NFOs) will see hits to their earnings for financial year 2021 (FY21), say financial analysts.
Kawan Food to ride on growing frozen food demand
Net profit margin to recover on cost optimisation efforts
NFO earnings resilient, likely to bounce back
PETALING JAYA: The reintroduction of the movement control order (MCO) in several parts of the country will see about half of the numbers forecast outlets (NFOs) shut during that period, but analysts are still positive on the sector.
Govt re-implements MCO in FT, five states from Jan 13 to 26
PUTRAJAYA: The government will enforce the movement control order (MCO) in the Federal Territories and five other states effective Wednesday (Jan 13) to curb the spread of Covid-19 as the number of cases continues to rise.
MARC affirms Berjaya Land’s RM650m debt notes, outlook stable
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) affirmed its ratings on Berjaya Land Bhd’s (BLand) two tranches of debt notes totalling RM650mil with a stable outlook.
Robust ringgit set to leave positive trails onto equity markets, says analyst
KUALA LUMPUR, Jan 10 (Bernama): The robust ringgit is set to leave positive trails onto the equity markets amid a weaker US dollar, as the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 30.24 points to end the first week of 2021 at the day’s high of 1,633.19
New Sabah Times closes shop after six decades
KOTA KINABALU: New Sabah Times, a newspaper that arguably shaped and influenced the 1963 formation of Malaysia and much of the state’s early history, published its edition for the last time today (Dec 31).
1,870 new cases recorded, Johor tops list
PETALING JAYA: As 2020 draws to a close, Johor recorded the highest number of Covid-19 cases for the first time since the contagion began in the country.
Positive outlook for number forecast operators
PETALING JAYA: Number forecast operators (NFOs) Berjaya Sports Toto Bhd and Magnum Bhd had their forecast earnings revised upwards for the next two financial years, by RHB Research, following news of extra special draws.
