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Vstecs posts higher Q2 profit on work from home demand
KUALA LUMPUR: Computer supplier Vstecs Bhd reported an uptick in revenue and profits in the second quarter buoyed by increased in demand for laptops, notebooks and printers as more people opted to work from home amid the Covid-19 pandemic.
Banks, glove makers underpin Bursa's recovery
KUALA LUMPUR: Banks and glove makers underpinned the FBM KLCI's stronger close on Thursday as investors were looking past the Covid-19-hit second quarter economic performance to a stronger year for the country.
Glove makers rebound lift Bursa
KUALA LUMPUR: Glove makers rebounded early Thursday and helped power Bursa Malaysia higher as investor sentiment perked up following the strong overnight close on Wall Street.
Trading ideas: Rubberex, Muda, Green Packet, Solarvest
KUALA LUMUR: Rubberex, Titijaya Land, Muda Holdings, Green Packet and Solarvest are among the stocks which could see some trading interest on Thursday after announcing their corporate exercises, says JF Apex Research.
O&G stocks in short-lived rally
PETALING JAYA: The recent rally in oil and gas (O&G) counters on Bursa Malaysia was short-lived as the sector’s turnaround remains sluggish with demand recovery expected to face roadblocks due to a fresh wave of coronavirus (Covid-19) infections.
Green Packet plans capital raising
Private placement will raise up to RM98.9mil for cloud computing business
Retailer Mr DIY revives RM2.09bil listing plan
KUALA LUMPUR: Mr DIY Group is reviving its initial public offering (IPO) plan after postponing it in March when the Covid-19 pandemic worsened, according to people with knowledge of the matter.
Samaiden gets green light for Ace Market listing
PETALING JAYA: Samaiden Group Bhd has been given the green light to list on the Ace Market of Bursa Malaysia.
CE Tech expands capacity to meet growing demand
IPOH: Cleanroom gloves manufacturer CE Technology Bhd (CE) is undergoing an expansion to increase its production capability.
