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KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) posted a net profit of RM51.6 million in the third quarter ended March 31, 2022 after chalking up revenue of RM382.64 million for the quarter under review.
Trading ideas: Petronas Chemicals Group, SCIB, Dialog, Duopharma Biotech, Yong Tai, Dagang Nexchange, Chin Hin Group, Borneo Oil and Caely
KUALA LUMPUR: Stocks in focus on Wednesday include Petronas Chemicals Group, Sarawak Consolidated Industries, Dialog Group, Duopharma Biotech, Yong Tai, Dagang Nexchange, Chin Hin Group, Borneo Oil and Caely Holdings, said JF Apex Research.
Tie-up to build wafer fabrication plant in Malaysia
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) and Big Innovation Holdings Limited (BIH), a wholly-owned subsidiary of Hon Hai Precision Industry Co Ltd (Foxconn), plan to set up a joint venture company to build and operate a new 12-inch wafer fabrication plant in Malaysia.
KUALA LUMPUR: Dagang NeXchange Bhd's (DNeX) 90%-owned subsidiary Ping Petroleum Ltd has received a letter of "no objection" from the North Sea Transition Authority in relation to its proposed development concept for the Avalon discovery in the Central North Sea, UK.
KUALA LUMPUR: Bursa Malaysia ended the morning trading session lower on selling pressure in most indices, led by the technology, consumer, industrial products and services counters, amidst mixed regional market performance.