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Optimistic outlook for TH Plantations
PETALING JAYA: The growth prospects for TH Plantations Bhd looks promising, aided by the planter’s progressing strategic recovery plan and a boon from the multi-year high price of crude palm oil (CPO).
SoftBank Group plans to sell first bond in more than a year
TOKYO: SoftBank Group Corp plans to sell its first bond in more than a year, joining a rush by issuers globally to tap credit markets while borrowing costs are low.
Why taking FGV private is the best option
LISTED on June 28,2012, FGV Holdings Bhd was then the world’s second-largest public issue for the year, having successfully raised RM10.4bil, and was ranked as the 25th largest market capitalisation company on Bursa Malaysia with a value of more than RM16bil.
Insight - HSBC’s lions caught in US-China crosshairs. Can they roar again?
HSBC Holdings Plc is a bank in limbo. Pandemic-related bad loans have messed up its cost-reduction plan. Coming in the crosshairs of the US-China conflict made investors nervous about the jewel in its crown: the Hong Kong franchise.
Trading ideas: Dayang, MISC, Nexgram, Eco World Development, Inta Bina, LPI
KUALA LUMPUR: JF Apex Research expects Dayang Enterprise Holdings Bhd. MISC Bhd, Nexgram Holdings Bhd, Eco World Development Group Bhd, Inta Bina Group Bhd and LPI Capital Bhd to be among the stocks to watch on Tuesday.
Sasol sees loss with US$6.3bil in writedowns
JOHANNESBURG: Sasol Ltd says it will swing to a full-year loss per share after writedowns on US chemical assets contributed to 112 billion rand (US$6.3bil) of charges and oil prices declined.
Engtex RM150mil order book provides earnings visibility
PETALING JAYA: Engtex Bhd has an order book of over RM150mil that provides earnings visibility for the next two financial years.
What now for Bumi Armada?
Things were beginning to look up for Bumi Armada Bhd after it refinanced some of its debts and returned to the black in the third quarter ended September last year (3QFY19).
Felcra to revive stalled RM1b Semarak20 project
PETALING JAYA: Felcra Bhd has secured a new source of funding to fully revive its stalled RM1bil Semarak20 mixed property development project located along Jalan Semarak in Kuala Lumpur.