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AMRESEARCH has maintained a ‘buy” call on DRB-Hicom with a target price of RM3.60 based on a 15% discount to its sum-of-parts value of RM 4.25 per share. According to AmResearch, KL Airport Services Sdn Bhd (KLAS), a subsidiary of DRB-Hicom is acquiring Gading Sari, air freight operator for RM72mil cash.
SINGAPORE/JAKARTA: When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than she had paid in previous years.
PETALING JAYA: Seacera Group Bhd, a tile manufacturer and property company, has been publicly reprimanded by Bursa Malaysia for the violation of a disclosure rule when reporting one of its quarterly financial results.
Pos Malaysia Services Holdings Bhd (PSH) may consider selling its stakes in Transmile Group Bhd if the price is right, said chairman Tan Sri Adam Kadir.