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KUALA LUMPUR: Maybank Investment Bank Research has reduced its FY19-21E net profit for Leong Hup International Bhd (LHIB) by 20%-24% ahead of its 2Q19 results release and lowered its target price by 20% to RM1.08 after the profit warning.
KUALA LUMPUR: Berjaya Sports Toto (BToto) negatively surprised with a headline net loss for May-June 2019 due to impairments at Philippine Gaming Management Corporation (PGMC), Maybank Investment Bank Research said.
KUALA LUMPUR: RHB Bank’s Q2 FY19 net profit of RM615mil (+8% YoY, -2% QoQ) which took H1 FY19 net profit to RM1.24bil (+7% YoY) were above expectations at 53% of Maybank Investment Bank Research/consensus’ full-year forecasts.
After a decade of silence, Balai Seni Maybank roars back to life with the first of tour Art Series exhibitions for 2018. This month's show features 31 emerging artists, all women.
Travel photographer shines bright at Maybank Photography Awards.
KUALA LUMPUR: Mynews Holdings Bhd is well positioned to benefit from an improvement in product mix and margin expansion once its fresh food product sales gain momentum in subsequent quarters, says Maybank Investment Bank research.
KUALA LUMPUR: Bank Negara’s Minimum Allocation Rate (MAR) took effect from July 2019 and this is likely to result in a new business strain on new agent-driven investment-linked business, Maybank Investment Bank Research says.
KUALA LUMPUR: Maybank Investment Bank Research maintains its Buy call on Berjaya Food on decent growth and inexpensive valuations.
KUALA LUMPUR: Maybank Investment Bank Research has upgraded Eco World to a Buy with a new target price of 80 sen, which is 26% above its last traded price of 64 sen.
KUALA LUMPUR: Maybank Investment Bank Research said IOI Corporation's 4QFY6/19 core profit after tax and minority interest (PATMI) fell short on lower-than-expected downstream contribution.