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PETALING JAYA: Malaysia’s overnight policy rate (OPR) has been at its all-time low at 1.75% since July last year as Bank Negara’s Monetary Policy Committee (MPC) sought to accelerate economic recovery post movement control order (MCO).
KUALA LUMPUR: S P Setia Bhd is planning to launch projects worth up to RM3.7bil in gross development value (GDV) for the financial year 2021 ending Dec 31 (FY21), of which 94% of projects will be in Malaysia, says CGS-CIMB Research.
KUALA LUMPUR: RHB Research is maintaining its Buy call on Sime Darby Property and a target price of 88 sen, which is 52% above its Wednesday’s closing price of 58 sen, with a 3% yield.
TRADERS Nor Ezzaty Fayyadah and Salmah Othman are thrilled to be among the recipients of trading permits from Kajang Municipal Council (MPKj) and can now conduct their business with confidence.
KUALA LUMPUR: Kenanga Investment Bank Research slashed its earnings projections for MyNews Holdings Bhd following its disappointing 9MFY20 performance on lower sales and gross margin.
KUALA LUMPUR: Kenanga Investment Bank Research said George Kent (M) Bhd is on track to meeting market expectation in its current financial year as its performance in the upcoming quarters pick up from further normalisation of activities post-movement control order.
PETALING JAYA: Padini Holdings Bhd is expected to see gradual recovery in the second half of 2020, according to a Kenanga Research report.
KUALA LUMPUR: Kenanga Investment Bank Research upgraded Padini Holdings Bhd to "outperform" as it expects the fashion retailer to see a gradual recovery in the second half of the year with support from sales during the festive periods.