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PETALING JAYA: Despite persistent earnings challenges, the banking sector is seeing a more optimistic sentiment, says UOB Kay Hian Research.
KUALA LUMPUR (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB), which successfully concluded its extraordinary general meeting (EGM) yesterday via live streaming, today said its shareholders have passed all four resolutions presented to them during the meeting.
PETALING JAYA: Rubber glove counters saw big falls following the decision by brokers to put a cap on how much traders can borrow from the bank if they wish to use glove counters as collateral.
Cement segment recovers, but steel facing headwinds
PETALING JAYA: Despite lower earnings, the outlook still looks bright for Sunway Bhd, premised on the group’s improving unbilled sales and robust outstanding order book.
PETALING JAYA: Following a dismal start in the first quarter of financial year 2020 (1Q20) and provisioning likely to remain elevated, analysts have cut CIMB Group Holdings Bhd’s earnings estimates for this year and next.
PETALING JAYA: Petroliam Nasional Bhd’s plan to slash its budget could see it saving some RM17bil, but this may be insufficient for the state-owned oil and gas (O&G) giant to weather the challenging economic environment, according to a local research house.
KUALA LUMPUR: UOB Kay Hian Malaysia Research keeps Dialog as a defensive buy as it still sees value in Dialog Group Bhd as it is the only listed proxy to storage.
HONG KONG (Reuters) - Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died peacefully at the age of 98, his family confirmed on Tuesday.
PETALING JAYA: Sunway Real Estate Investment Trust (Sunway REIT) is capable of standing the test of time in the longer term due to its integrated asset cluster within a mature township, as well as its efforts in building a more balanced portfolio.