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KUALA LUMPUR: RHB Research is maintaining its Buy call on DRB-Hicom with a target price of RM3.30 as Proton’s partnership with Geely has shown rapid positive results.
PETALING JAYA: The recent Budget 2020 announcement was received with welcome by some of the country’s leading businesses in various industries.
PETALING JAYA: Investor sentiment towards Genting Malaysia Bhd (GenM) is expected to improve as more details emerge on the group’s upcoming outdoor theme park (OTP)
KUALA LUMPUR: Boutique property developer OCR Group Bhd is targeting to launch its second Kuantan project, named Vertex Kuantan, in the first half of 2020.
WUZHEN, China: Chinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020, CEO Lei Jun said on Sunday, adding that the mobile phone industry was worried 4G models would not sell next year.
LONDON: Saudi Aramco’s stop-start initial public offering was delayed again just days before a planned launch as doubts re-emerged about the $2 trillion valuation placed on the state oil giant by Crown Prince Mohammed bin Salman.
BRUSSELS: European Union leaders will discuss a new budget plan on Friday that could allow the bloc to spend up to 1.1 trillion euros ($1.2 trillion) in the 2021-2027 period, but deep divisions among governments could block a deal for months.
Maxvue Vision Sdn Bhd may be headed for the big leagues, as it is in the midst of talks with a large optical chain store operator for a deal that could potentially bring its fashion contact lenses onto the shelves of the operator’s outlets across Europe.
KUALA LUMPUR: More crowdfunding platform providers are setting up shops in Malaysia, tapping on the growing appetite among startups and SMEs for funding.