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Public Bank’s fundamentals among strongest: Maybank IB Research
KUALA LUMPUR: Maybank Investment Bank Research sees Public Bank has one of the strongest fundamentals in Malaysia, but it sees little catalyst to rerate the stock.
Maybank IB Research keeps 'buy' on Sime Property, upside from HSR revival
KUALA LUMPUR: Maybank Investment Bank research has maintained its earnings forecasts and "buy" call on Sime Darby Property Bhd following a briefing over the company's recent earnings results and plans to mitigate the disruption arising from the movement control order.
Magnum's long-term outlook remains intact
KUALA LUMPUR: Maybank Investment Bank research remains positive over the long-term outlook of Magnum Bhd as it expects the numbers forecast operator to continue being profitable and paying dividends.
Genting’s theme park opening delayed by a year
Launch of showcase expected in late 2021 due to pandemic
MBM seen supported by strong balance sheet amid uncertainty
PETALING JAYA: MBM Resources Bhd’s strong balance sheet is expected to help steer the company through the economic uncertainties and challenges that lie ahead.
Better results expected for Inari in first half of FY21
PETALING JAYA: Inari Amertron Bhd is expected to post better earnings in the first half of the financial year ending June 30,2021 (FY21), stimulated by the launch of new smartphone and greater adoption of 5G phones, say analysts.
Suzuki’s profit beats estimate, steps up dividend
TOKYO: Suzuki Motor posted its lowest annual operating profit in four years as the coronavirus pandemic hit demand for its cars, but the earnings beat estimates and the Japanese automaker raised its dividend, sending its shares surging.
ECB says capital-raising tougher on lack of dividend payout
FRANKFURT: The European Central Bank (ECB) says lenders could face a harder time raising capital from investors after following its recommendation that they temporarily suspend dividend payments.
Germany stamps authority on Lufthansa with US$9.8bil lifeline
FRANKFURT/BERLIN: Germany threw Lufthansa a 9 billion euro (US$9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline
KKB to focus on the Sarawak Water Supply Grid programme
PETALING JAYA: Integrated engineering player KKB Engineering Bhd will tender for more jobs from the third quarter of 2020 onwards, with a renewed focus on the Sarawak Water Supply Grid programme, says its executive director Kho Pok Tong.