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PETALING JAYA: The share price of Pharmaniaga Bhd recorded the strongest surge in 12 months led by temporary contract extension optimism, which Kenanga Research views as a “short-term reprieve” for the integrated pharmaceutical group.
KUALA LUMPUR: Pharmaniaga Bhd emerged as the top gainer on Bursa Malaysia, rising over 9.7% in early trade Monday after the company obtained a 25-month interim extension for its concession.
ALZHEIMER’S disease, a condition where the patient suffers from memory loss due to brain cell malfunction, is often associated with older people. But younger people can also be affected by this irreversible and progressive degenerative disease.
The Malaysian banking sector is the pillar of the economy as it is the engine of growth when it comes to providing financial and lending facilities to both businesses and consumers. As a percentage of GDP, it contributes about 5% to the nation’s economic pie.
Having been responsible for pushing up technology start-up valuations to dizzying levels, reality is beginning to hit Softbank Group Corp and it’s Vision Fund. the Japanese investment group posted an operating loss of 704.4 billion yen (US$6.5bil) in the three months ended Sept 30. that compares with a profit of 705.7 billion yen a year earlier.
HONG KONG: Alibaba Group Holding Ltd. plans a listing hearing early next week and is seeking to raise as much as $15 billion in a Hong Kong share sale, people familiar with the matter say, moving ahead with the city’s largest first-time stock offering since 2010.
LONDON: Britain said on Friday it would make it easier for migrants to move to the United Kingdom to work in the National Health Service (NHS), helping to offset a possible fall in numbers caused by the exit from the European Union.
HONG KONG: As Hong Kong’s leaders hunt for a political solution to the months-long impasse with protesters, officials are trying to prop up the deteriorating economy with fiscal spending.
NEW YORK: US. stocks ended little changed on Wednesday as a report the U.S.-China trade deal could be delayed until December was offset by gains in healthcare shares.
PETALING JAYA: Rubber gloves stocks fell after taking a cue from Hartalega Holdings Bhd which announced its financial results for its second quarter ended Sept 30, on Tuesday.