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KUALA LUMPUR: Maybank Investment Bank Research downgraded Petronas Chemicals to Hold from Buy but maintained its earnings forecast and target price of RM6.30.
PETALING JAYA: AirAsia Group Bhd needs about RM3bil in new funding and is said to have applied for bank loans in its respective operating countries to shore up liquidity.
PETALING JAYA: Maybank Investment Bank Research (Maybank IB) has revised its earnings revision upwards for Leong Hup International Bhd (LHIB), amid better price stability for poultry average selling prices (ASPs).
KUALA LUMPUR: Maybank Investment Bank Research has upgraded Leong Hup Industries to Hold with a revised target price (TP) of 96 sen, an increase of 40 sen from its previous TP of 56 sen.
Spike in new trading accounts from January to April
KUALA LUMPUR: Maybank Investment Bank Research is retaining its Buy on numbers forecast operators (NFOs) Magnum and Berjaya Sports Toto as jackpot sales have recovered by about 78% in two and a half weeks.
THE trend of rising provisions in the banking sector during this uncertain economic period is evident in the most recent banking statistics released by Bank Negara.
PETALING JAYA: Even though Cahya Mata Sarawak Bhd’s (CMS) core net profit for the first quarter (Q1) fell by more than half, analysts believe the company should be a key catalyst for the state’s infrastructure spending.