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KUALA LUMPUR: Shares in Choo Bee Metal Industries Bhd continued to attract investors’ interest in early trade Monday.
KUALA LUMPUR: Shares in Choo Bee Metal Industries Bhd surged over 25% after the company reported strong earnings in the first quarter ended March 31.
KUALA LUMPUR: Choo Bee Metal Industries said its net profit in the first quarter swelled as the shortage of raw materials pushed up steel prices higher.
PETALING JAYA: Cement and steel manufactures may see trading interest after having been given the green light to resume operations under the movement control order (MCO) period, which has now been extended for another two weeks until April 28.
KUALA LUMPUR: UOB Kay Hian Malaysia Research has cautioned investors the surge in share prices of cement companies amid speculation of cement prices rising by up to RM80 a tonne (40%) as “unwarranted”.
AFFINHWANG analysts believe Sunway Construction (Suncon) is more resilient than most of its peers as it is in a net cash position (RM0.25/share), has an asset-light model (not involved in the property business), integrated construction capabilities and is competitive in open tenders with its excellent track record.
PETALING JAYA: More funds, including RM2mil from a donor known only as Mr Lim from a plantation company in Perak, have poured in for Tabung Harapan Malaysia (THM), which has also received a suggestion to open it to Malaysians around the world.
IPOH: Three Perak-based companies and an individual have collectively donated RM3.5mil to the Tabung Harapan Malaysia here.
KUALA LUMPUR: Malaysian steel and aluminium producers will only sustain a low impact from the US's decision to impose tariff on steel and aluminium, says AmBank Research.