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PETALING JAYA: CJ Century Logistics Holdings Bhd’s (CJ Century) proposed merger with sister company CJ Korea Express Malaysia Sdn Bhd (CJKX) will be immediately earnings per share (EPS) accretive.
KUALA LUMPUR: Stocks to watch for on Friday include Ekovest Bhd, Boustead Plantations, Malaysian Resources Corp Bhd’s (MRCB), WCT Holdings Bhd, Hibiscus Petroleum Bhd and Deleum Bhd, according to JF Apex Research.
KUALA LUMPUR: A broad-based retreat rattled the local market on Wednesday, tracking Wall Street's negative performance overnight on a further delay to the Brexit timetable and a negative report from a bellwether stock.
KUALA LUMPUR: ARB Bhd, AirAsia X Bhd, Media Prima Bhd, AMMB Holdings Bhd, Allianz Malaysia Bhd and Serba Dinamik Holdings Bhd are among the stocks to watch on Friday, according to JF Apex Research.
KUALA LUMPUR: Investors took some money off the table early Monday on concerns about the geopolitical risks, with Tenaga Nasional and Sime Plantation among the bigger decliners.
On June 11, the acquisition of a 30% stake in warehousing and logistics company Tasco Bhd’s unit Tasco Yusen Gold Cold Sdn Bhd (TYGC) for RM125mil by a Japanese government fund was finally completed.
KUALA LUMPUR: Blue chips extended their decline for the second day as key Asian markets were cautious about the rising US-China trade war tensions while HPMT, which was listed on the Main Market, was the most active.
SEPANG: Logistics and warehousing giant Tasco Bhd will be banking on its strategic partnership with Japan to bring the Malaysian cold chain logistics to greater heights.