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Corporate News

Hold on VS Industry maintained, target price lowered to RM1.27

KUALA LUMPUR: AmInvestment Bank Research has maintained its “hold” recommendation on VS Industry Bhd (VSI) with a lower fair value of RM1.27 a share due to the challenging outlook in its overseas operations while the positive prospects from growth in box-build orders have been largely priced in.


AmInvest Research retains Neutral on EMS players for H2

KUALA LUMPUR: AmInvestment Research is retaining its Neutral stance on Electronics Manufacturing Services (EMS) players for 2H19.


EG Industries 'hold', Berjaya Sports 'outperform', Icon Offshore 'sell', AirAsia 'reduce'

EG Industries: THE electronics manufacturing services company has benefitted from the ongoing trade tensions between United States and China to secure new box-build contracts which the management believes could rake in about RM1.5bil in FY20.


UEM Edgenta, VS Industry, Oceancash, PIE Industrial, all 'buy'

UEM EDGENTA BHD: THE company’s healthcare segment showed encouraging improvement in terms of both revenue and net profit, registering high single digit increases of 7.9% and 6.8% year-over-year respectively.