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KUALA LUMPUR: Kenanga Research maintained "outperform" on MBM Resources Bhd on the back of first-quarter earnings that came in line with expectations.
PETALING JAYA: MBM Resources Bhd’s vehicle sales performance during the ongoing movement control order (MCO 3.0) is expected to be sustained by new model launches and a backlog of orders.
KUALA LUMPUR: RHB Research is staying cautiously optimistic on MBM Resources Bhd despite the ongoing nationwide MCO3.0, which should affect near-term footfall into its showrooms.
SINGAPORE: Perusahaan Otomobil Kedua Sdn Bhd’s (Perodua) Perodua Aruz has entered Singapore, its first overseas market.
KUALA LUMPUR: UMW Holdings Bhd recorded vehicle sales of 59,320 units in 2020, following strong sales by the group and its 38% associate Perodua.
KUALA LUMPUR: Toyota Vios, Yaris and Hilux helped drive UMW Holdings’ sales of 59,320 vehicles for 2020 – exceeding its target of 53,000 units -- boosted by the sales tax exemption.