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KUALA LUMPUR: Independent power producer Malakoff Corporation Bhd has been upgraded from Hold to Add by CGS-CIMB Equities Research on expectations its earnings profile could improve after the acquisition of Alam Flora.
SNACKING is one of Yuyi Low’s favourite pastimes. But when she and her partner Nicholas Thang decided to start producing their own snacks, little did they know that the business would grow that fast.
FOR years, the Malaysian government has been trying to dispose of the Malaysian consulate office in Hong Kong, which it had bought 40 years ago in 1980 for HK$212mil.
THE countdown to phase out the operation of Malaysia Smelting Corp Bhd’s (MSC) 118-year old iconic tin smelting plant in Butterworth has officially started.
KUALA LUMPUR: CGS-CIMB Equities Research is maintaining its Add call for Duopharma Biotech with a lower target price of RM1.90 compared with the earlier RM2.03.
KUALA LUMPUR: CGS-CIMB Equities Research is retaining its Add for Dialog Group with sum-of-parts based target price of RM5.14 and unchanged core EPS forecasts, as lower oil prices during 2HFY6/20F may impact earnings.
LONDON: Airbus SE plans to increase jetliner deliveries to an all-time high in 2020 as it irons out production snags involving the A320 narrow-body model while Boeing Co’s rival 737 Max remains grounded.
Singapore: Boeing Co will resume production of the 737 Max before the best-selling plane is allowed back in the air as the company attempts to recover from one of the worst crises in its 104-year history.
PETALING JAYA: Celcom Axiata Bhd launched its all-new MEGA postpaid plan, the first in Malaysia that allows users to cash in unused data.
KUALA LUMPUR: Shares of Public Bank Bhd fell to below RM18 at midday on Wednesday and the lowest since December 2016.