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Nestle's long-term growth remains intact, says Affin Hwang
KUALA LUMPUR: Nestle (Malaysia) Bhd's long-term growth capabilities are intact as it commits itself to future capacity expansion with the highest capex allocation in years, says Affin Hwang Capital Research.
TCS IPO oversubscribed 33 times
PETALING JAYA: The initial public offering (IPO) of ACE-Market-bound TCS Group Holdings Bhd has been oversubscribed by 33.39 times.
Analysts positive on LHI’s farm-to-plate model
PETALING JAYA: Leong Hup International Bhd (LHI)’s downstream venture via The Baker’s Cottage (TBC) is expected to mitigate the price volatility of its poultry business.
Growing demand for pet photography
Beijing: Driven by his love of animals, Zhang Tianhang pursued a master’s degree in photography at Nottingham Trent University in the United Kingdom even though it was against his parents’ wishes.
Strong response to TCS Group's public offer of 10.8m shares
KUALA LUMPUR: Construction company TCS Group Holdings Bhd's offer of 10.8 million new shares of 23 sen to the public was oversubscribed by 33.39 times.
China's economy seen growing 2.5% in 2Q
BEIJING: China's economy likely returned to modest growth in the second quarter after a record contraction, as lockdown measures ended and policymakers announced more stimulus to combat the shock from the Covid-19 coronavirus crisis, according to a Reuters poll.
Johor govt to request over RM500mil allocation for road upgrades, development projects in Pontian
PONTIAN: The Johor state government will be requesting for two major road upgrading and development projects from the Federal Government in Pontian, with an estimated gross development value (GDV) of more than RM500mil.
China's trade with top partner Asean up 5.6% in H1
BEIJING (Xinhua): The Association of Southeast Asian Nations (Asean) became China's biggest trading partner in the first half of this year, accounting for 14.7 per cent of the nation's total foreign trade volume, amid upgraded free trade area protocol and supply chain cooperation.
London Metal Exchange shines a (little) light on shadow stocks
LONDON: The London Metal Exchange's (LME) new report on "shadow" stocks was greeted with a collective yawn by the industrial metals market.