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But ASPs expected to ease by second half of 2021
KUALA LUMPUR: AmInvestment Research is maintaining its Neutral view on the glove sector as valuations for Top Glove, Kossan and Hartalega under its coverage are already fully reflected in the companies’ earnings outlook.
Products such as PVC, PP and polystyrene to benefit
GLOVEMAKERS are set to continue recording stronger earnings in 2021, on the back of higher average selling prices, increase in production capacity and better economies of scale.
KUALA LUMPUR: Kerjaya Prospek, Chin Hin, Hong Seng Consolidated and New Hoong Fatt are among the stocks which could see trading interest on Tuesday following their corporate announcements, HF Apex Research says.
KUALA LUMPUR: Hong Seng Consolidated Bhd via its subsidiary Hong Seng Industries Sdn Bhd has proposed to acquire 105 acres of federal land in Kedah Rubber City for RM45.74mil.
KUALA LUMPUR: KTG Bhd’s wholly-owned subsidiary, APPI Sdn Bhd, has appointed Howellcare Industries Sdn Bhd as the turnkey contractor for its glove factory costing RM54.8mil, to be built at its existing factory in Kamunting, Perak.