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PNE PCB shares skid after surging on gloves venture
KUALA LUMPUR: Shares of PNE PCB Bhd fell in very active trade at midday on Thursday as investors locked in gains following the recent rally on news about its glove manufacturing venture.
Regal, Heitech tap into demand for data centres
LITTLE known Regal Orion Sdn Bhd, which is developing a big data centre in Labu, Negri Sembilan, is slowly making its presence felt.
Many new hands in glove sector
THE glove craze shows no signs of fizzling out. Even as Covid-19 vaccine hopes intensify, it appears that the interest in glove manufacturing has only increased, particularly among Malaysian companies with no prior experience in the business.
Trading ideas: Berjaya Corp, GPA, Axiata, Heineken, GuocoLand
KUALA LUMPUR: Berjaya Corp, GPA, Axiata, Heineken, GuocoLand, Scientex, Duopharma and Vstecs are among the stocks which could see trading interest on Friday after their corporate news.
Resumes a terrible way to hire people
EMPLOYERS spend billions annually screening and assessing potential new hires, but they aren’t getting much for their money.
Casino close to selling discount chain Leader Price to rival Aldi
PARIS: French retailer Casino Guichard Perrachon SA is in advanced talks to sell its Leader Price discount chain to German low-cost rival Aldi, a source with knowledge on the matter said on Saturday.
Govt targets to cut fiscal deficit to below 3% in 2021
KUALA LUMPUR: Finance Minister Lim Guan Eng says the government's fiscal consolidation is on track as it targets to reduce the deficit from 3.7% of GDP in 2018 to below 3% by 2021.
CIMB Research sees lower earnings for Petronas Gas
KUALA LUMPUR: CIMB Equities Research expects Petronas Gas’ FY19-20F earnings could be lower due to lower gas transportation tariffs and a gradual change in asset base valuation.
Brokers cut earnings forecasts on PetGas
PETALING JAYA: Several research houses have cut their earnings forecasts on Petronas Gas Bhd (PetGas) following the announcement of lower tariffs for the group’s gas-based infrastructure assets.