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Kenanga Investment Bank posts record profit
KUALA LUMPUR: Kenanga Investment Bank Bhd has posted its highest ever full-year net profit, which almost quadrupled from the previous year.
Buoyant markets fuel Kenanga Investment Bank record profits
KUALA LUMPUR: Kenanga Investment Bank Bhd (KIBB) reported a net profit of RM39.3mil in the last quarter ended Dec 31 on higher contribution from its stockbroking business, as well as increased contribution from its joint venture with Rakuten Trade. Earnings for the full year jumped four-fold to RM102mil.
Price swings in cryptocurrencies could slow down its adoption
CRYPTOCURRENCIES are back in vogue largely after Tesla invested US$1.5bil in Bitcoin. Since late 2020, cryptocurrencies dominated by bitcoin, have been on a wild ride.
KENANGA LENDS A HELPING HAND
IT is no mean feat to adapt to a life without sight, what more having to pivot an entire social enterprise to a “new normal”.
Cahya Mata to see stronger earnings growth
PETALING JAYA: Cahya Mata Sarawak Bhd (CMSB) is expected to see higher earnings growth, driven by its commodity and stock trading subsidiaries.
Mobilia IPO oversubscribed by 92 times
PETALING JAYA: Furniture designer and manufacturer Mobilia Holdings Bhd, which is en route to being listed on the Ace Market of Bursa Malaysia, saw its initial public offering (IPO) oversubscribed by 92.17 times.
Trading ideas: Tomei, XOX, Cheetah, DNeX, TM, Widad, AwanTec
KUALA LUMPUR: Stocks to watch on Tuesday include Tomei Consolidated Bhd, XOX Bhd, Cheetah Holdings Bhd, Dagang Nexchange Bhd, Telekom Malaysia, Widad Group Bhd, Kenanga Investment Bank and Awanbiru Technology Bhd, according to JF Apex Research.
Kenanga buys 19% in Tokenize Malaysia
Move is in line with group’s digital asset push
Kenanga buys 19% of Tokenize Malaysia in digital asset push
KUALA LUMPUR: Kenanga Investment Bank Bhd’s unit is buying a 19% stake in Tokenize Technology (M) Sdn Bhd (Tokenize Malaysia) as it seeks to be a key player in the digital capital market space in Malaysia
Home furniture maker Mobilia to raise RM13.8mil from IPO
KUALA LUMPUR: Home furniture manufacturer Mobilia Holdings Bhd plans to raise RM13.8mil from its proposed listing on the Ace Market of Bursa Malaysia Securities.