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PETALING JAYA: Tenaga Nasional Bhd’s (TNB) (pic) foray into the renewable energy (RE) market in Singapore is in line with the utility giant’s plans to fast track its RE expansion plan, say analysts.
PETALING JAYA: The close to RM3bil global settlement with the Malaysian government is expected to see AMMB Holdings Bhd (AmBank) slipping into the red for the current financial year ending March 31 (FY21), but analysts note that the banking group has continued to demonstrate resilience in its underlying business.
KUALA LUMPUR: MMC Corp Bhd (MMC) is expected to fare better this year without trade disruptions on anticipation that there would be no further wide-scale lockdowns that could hinder movement of trade.
KUALA LUMPUR: MIDF Research is confident over MMC Corp Bhd as a recovery stock play as the group has proven its resilience amid the pandemic.
KUALA LUMPUR: The previous week saw foreign investors becoming net sellers with outflow amounting to RM477.43mil against RM466.42mil in the preceding week, according to MIDF Research.
PETALING JAYA: After facing monthly deflation for nearly a year, Malaysia is expected to feel inflationary price pressure once again as fuel prices increase and demand gradually returns.
KUALA LUMPUR: Given the rising adoption of 5G smartphones, Inari Amertron Bhd’s (Inari) volume loadings is expected to greatly improve from its radio frequency (RF) business as the group is a close proxy to 5G.