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KUALA LUMPUR: Berjaya Corporation Bhd (BCorp) is seeking shareholder ratification of the disposal of its trust beneficial interest in Four Seasons Hotel & Hotel Residences Kyoto in Japan to Godo Kaisha Tigre for Japanese yen 50.79 billion (about RM2.06 billion).
Neutral earnings impact seen for Baker’s Cottage buy
Demand may pick up if recovery is better than expected
Trend indicates further headwind for banking sector
KUALA LUMPUR: Leong Hup International Bhd's acquisition of The Baker's Cottage Sdn Bhd has positive synergies as it will allow the group to move downstream and open up a revenue stream for its poultry products, says Maybank Investment Bank research.
PETALING JAYA: TA Ann Holdings Bhd’s earnings may still play catch-up in the second half of 2020 on seasonally stronger second-half output and as the company has locked-in about 20%-30% of its palm oil monthly output at RM2,500 per tonne.
KUALA LUMPUR: Starting its financial year with a solid first quarter, 7-Eleven Malaysia Holdings Bhd (SEM) is expected to ramp up its sales recovery to outpace its peers post-movement control order (MCO), says Maybank Investment Bank research.
KUALA LUMPUR: Maybank Investment Bank Research sees Public Bank has one of the strongest fundamentals in Malaysia, but it sees little catalyst to rerate the stock.
KUALA LUMPUR: Maybank Investment Bank research has maintained its earnings forecasts and "buy" call on Sime Darby Property Bhd following a briefing over the company's recent earnings results and plans to mitigate the disruption arising from the movement control order.