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The new entity, Celcom Digi Bhd, will become the biggest player locally, with an estimated annual revenue of RM12.4bil and 19 million subscribers or about a 40% market share. How will this affect the local telco landscape?
SHAH ALAM: Aeon Co (M) Bhd has set aside more than RM200mil capital expenditure (capex) for its digital transformation expansion until 2022, to cater to offline and online offerings.
KUALA LUMPUR: Oil and gas (O&G) companies are expected to increase their capital expenditure (capex) programme in 2021, if crude oil prices stay between US$60 and US$70 per barrel (US$1= RM4.13), according to Moody's Investors Service.
Crude to rebound on recovering global economies
KUALA LUMPUR: Stocks that may see investor interest on Friday include Solution Group, HB Global, Tasco, MyNews, SHH Resources, Omesti, Microlink Solutions, Bermaz Auto, Top Glove and AMMB.
TOKYO: Asia's factories stepped up production in March as a solid recovery in global demand helped manufacturers move past the setbacks of the pandemic, although rising costs are creating new challenges for businesses.
KUALA LUMPUR: Alam Maritim Resources Bhd’s net loss widened to RM115.3mil in the financial year ended Dec 31,2020, from a net loss of RM79.5mil the year before.
PETALING JAYA: The easing of resin prices in the coming months bodes well for SCGM Bhd, which has had to combat rising cost pressure in recent months to protect its margins.