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WITH the market going into a corrective mode following rising uncertainties due to the US-China trade war, flight to safety has indeed been the theme since the beginning of the month as we saw global bond yields falling to levels depicting crisis like environment as central banks race to the bottom in cutting rates.
KUALA LUMPUR: Affin Hwang Capital research said Scientex's 9MFY19 core net profit of RM219mil, 17% higher year-on-year, came within its and market expectations.
PACKAGING materials maker and property developer Scientex Bhd is aggressively stocking up on its land bank, at a time when most developers are taking it slow when it comes to acquiring and developing land due to the overhang in properties.
KUALA LUMPUR: Daibochi Bhd has revised its dividend policy to pay out annual dividend of not less than 30% of the group's normalised reported net profit attributable to shareholders for the financial year.
THANKS to rising profits, the net worth of industrial stretch film producer Scientex’s founding family increased by some 6% last year, pushing them up six rungs from a year earlier.
KUALA LUMPUR: Affin Hwang Capital research has reiterated its buy call for Scientex Bhd with an unchanged target price of RM10.10 on the back of its recent flat earnings announcement.
KUALA LUMPUR: Scientex Bhd posted a firmer set of financial results in the second quarter ended Jan 31, 2019 and plans to launch property projects with a gross development value (GDV) of RM600mil in the second half.
KUALA LUMPUR: Daibochi Bhd, Scientex Bhd, Brahim's Holdings Bhd, Sunway Construction Group Bhd, Sunway Construction Group Bhd and AirAsia Group Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
KUALA LUMPUR: MIDF research has recommended that owners of Daibochi shares accept the RM1.59 takeover offer from Scientex.
KUALA LUMPUR: MISC Bhd, Malakoff Corp Bhd, Petra Energy Bhd, Dayang Enterprise Holdings Bhd and Tune Protect Bhd are among the stocks to watch, according to JF Apex Research.