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Power Root’s share price run-up not over yet

KUALA LUMPUR: Power Root Bhd’s share price may be experiencing further upside from a valuation re-rating even as it catches up to the sector average, said RHB Research.

Power Root's share price rally has legs, says RHB

KUALA LUMPUR: RHB research is more confident over Power Root Bhd's earnings prospects as its earnings recovery appears to be on track owing to new management initiatives to improve operations.

AirAsia jumps while KLCI treks higher on Petronas stocks

KUALA LUMPUR: AirAsia jumped in active trade early Thursday after declaring the special dividend of 90 sen a share, providing some support for the overall market despite the weaker key Asian bourses.

Affin Hwang Research upgrades AirAsia to buy, TP RM3.35

KUALA LUMPUR: Affin Hwang Capital Research has upgraded AirAsia Group to Buy with a target price of RM3.35 from RM2.86 for the generous dividend, solid operating performance and the bright prospects of its digital business.

AB InBev cuts dividend payout as rising rates squeeze debtors

LONDON: Anheuser-Busch InBev NV, the world’s largest brewer, cut its dividend in half as it seeks to pay down its US$109bil debt mountain, much of it taken on to acquire rival SABMiller Plc in 2016.