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KUALA LUMPUR: RHB Research is maintaining its Buy call on Sime Darby Property and a target price of 88 sen, which is 52% above its Wednesday’s closing price of 58 sen, with a 3% yield.
PETALING JAYA: Top Glove Corp Bhd does not expect order cancellations from its customers as a result of delays in delivery due to its reduced operations.
PETALING JAYA: AirAsia Group Bhd is considering a rights issue, debt financing and even a private placement to raise more capital until air travel demand picks up.
KUALA LUMPUR: Property developer UEM Sunrise Bhd remained in the red for a third consecutive quarters, but is planning to ramp up new launches amid a pick up in sales.
O&G firm eyes oil fields that can quadruple its production
PETALING JAYA: Unisem (M) Bhd has fixed the first tranche of 51.63 million shares under its private placement at RM5.50 per share which will enable it to raise RM284.96mil.
KUALA LUMPUR: Cagamas Bhd has issued RM545mil of debt papers which comprised of RM300mil three-month conventional commercial papers (CCPs) and RM245mil three-month Islamic commercial papers (ICPs).
PETALING JAYA: Hibiscus Petroleum Bhd has raised RM203.6mil from its private placement exercise that will be used to acquire producing oil and gas (O&G) assets in South-East Asia.
KUALA LUMPUR: Unisem (M) Bhd has fixed the first tranche of 51.63 million shares under its private placement at RM5.50 per share which will enable it to raise RM284.96mil.