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RHB reiterates 'buy' on Bumi Armada with higher target price
KUALA LUMPUR: RHB Research is positive over the award of Bumi Armada Bhd's announcement of 10+5-year contracts for Armada Sterling, which will enhance the group's cash flow visibility.
Be dynamic to meet market changes, SMEs advised
GEORGE TOWN: Bottom lines have taken a beating during the pandemic, especially for those in the hospitality and manufacturing sectors, but there are some businesses that have shown their true mettle in riding through the storm.
KLCI continues rebound as glove makers extend gains
KUALA LUMPUR: The FBM KLCI extended its rebound for a second day on Friday to rise off two-week lows amid a return of investor interest in glove counters.
RHB Investment initiates coverage on Ranhill Utilities with 'buy' call
KUALA LUMPUR: RHB Investment Bank has initiated coverage on Ranhill Utilities Bhd with a "buy" call on attractive valuations, a stable revenue stream and potential future upsides from investments overseas.
MR DIY finally does it – Main Market listing is on
Home improvement retailer seeks to raise RM2.1bil
KLCI bounces as glove makers return to spotlight
KUALA LUMPUR: The FBM KLCI entered the lunch break in positive territory after spending the early morning session in the red as investors approached recent political developments with caution.
MR DIY inks underwriting agreement to list on Main Market
KUALA LUMPUR: MR. D.I.Y. Group (M) Bhd had on Thursday signed an underwriting agreement with several banks for its IPO which comprises of 941.49 million new and existing shares as it seeks to list on the Main Market of Bursa Malaysia Securities,
Time to move on from moratorium, say bankers
KUALA LUMPUR: Although the six-month automatic loan moratorium was beneficial to the country, it is important to move out of the moratorium period so that the economy can start to recover.
Smart Glove picks Affin and RHB for RM1bil IPO
KUALA LUMPUR: Smart Glove Corp, a disposable glove maker in Malaysia, has selected Affin Hwang Investment Bank Bhd and RHB Bank Bhd for its planned initial public offering that could raise more than RM1bil (US$242mil), according to those familiar with the matter.
SMEs advised to be agile and act fast
JOHOR BARU: Small and medium enterprises (SMEs) have to be agile and act fast following the global Covid-19 pandemic in order to survive in the business world, says Digi SME business division head Steven Soon.
