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A market flush with liquidity gets excited about a tech-driven credit rating agency backed by a proven private equity firm
PETALING JAYA: Credit reporting firm CTOS Digital Bhd, which seeks to be listed on the Main Market, plans to use proceeds from its public issue of shares to repay bank borrowings and to fund future acquisitions.
KUALA LUMPUR: Shares in Mr DIY Group (M) Bhd fell in early trade despite posting a stellar first quarter results amid a weak broader market.
KUALA LUMPUR: Stocks with news flow that could attract investor attention on Monday include Berjaya Corp, IHH Healthcare, FGV, MSM, MR DIY, Priceworth, Top Glove and Sarawak Oil Palms, according to JF Apex Research.
KUALA LUMPUR: MR DIY Group (M) Bhd could be seeing robust earnings growth moving forward, on the back of recently released earnings results that outperformed expectations.
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KUALA LUMPUR: MR DIY Group (M) Bhd posted its strongest quarterly results to date, with its net profit and revenue surging 113% and 63% to RM124.8mil and RM870.2mil, respectively, in the first quarter ended March 31,2021.
KUALA LUMPUR: Mr DIY Group (M) Bhd’s net profit more than doubled to RM124.79mil in the first quarter ended March 31, 2021 (1Q21), from RM58.46mil in the same period a year ago.