MMC operations to be supported by positive trade outlook worldwide

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.

MMC port operations set to capture manufacturing boom

MMC's outlook remains intact, says AmInvestment

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.

Westports plans to appoint RAM

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.

Westports continues to be a ‘buy’ for analysts

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”.

Trading ideas: Boustead, Bursa Malaysia, Bintai Kinden, TCS, Willowglen

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.

Kenanga maintains "market perform" on Westports

KUALA LUMPUR: Kenanga Research kepts its "market perform" recommendation on Westports Holdings Bhd as its core net profit came within expectations.

Westports sees strong growth on higher container revenue

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.

Vaccine development to boost recovery

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).

Westports posts FY20 net profit of RM654.48m

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.