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KUALA LUMPUR: MMC Corp Bhd (MMC) is expected to fare better this year without trade disruptions on anticipation that there would be no further wide-scale lockdowns that could hinder movement of trade.
KUALA LUMPUR: AmInvestment Bank Research is not overly concerned by MMC Corp Bhd's announcement that it has incurred an additional tax assessment of RM39.3mil on Johor Port as it is expected to be a long-drawn legal process without any actual impact on bottomline.
KUALA LUMPUR: Westports Holdings Bhd’s (WHB) wholly-owned subsidiary Westports Malaysia Sdn Bhd (WMSB) is proposing to appoint RAM Rating Services Bhd for its RM2bil sukuk musharakah programme.
PETALING JAYA: Port operator Westports Holdings Bhd’s (pic) business model is sustainable on a long-term basis and coupled with its recurring yet growing income model from its ongoing throughput growth at Port Klang, it remains a “buy”.
KUALA LUMPUR: Boustead Holdings Bhd, Bursa Malaysia Bhd, Bintai Kinden Corp Bhd, TCS Group Holdings Bhd, Willowglen MSC Bhd and T7 Global Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
KUALA LUMPUR: Kenanga Research kepts its "market perform" recommendation on Westports Holdings Bhd as its core net profit came within expectations.
PETALING JAYA: Westports Holdings Bhd posted a 30% jump in net profit for the fourth quarter ended Dec 31,2020, thanks to higher container revenue and lower operational cost.
PETALING JAYA: Leading indicators show that Malaysia’s economy is still on the mend, but the pace of growth could be dragged down by the ongoing movement control order (MCO).
KUALA LUMPUR: Westports Holdings Bhd posted a stronger set of results for the financial year ended Dec 31,2020 due to higher container revenue and reduction in fuel cost but it remains cautious about the current year due to the Covid-19 pandemic.