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KUALA LUMPUR: Property company Majuperak Holdings Bhd plans to raise RM20.96mil from placing out its shares as it seeks to boost its operations and explore new opportunities.
PETALING JAYA: Petron Malaysia Refining and Marketing Bhd’s net profit for its fourth quarter ended Dec 31,2020 rose 45% to RM42.02mil from RM28.97mil in the previous corresponding period, boosted by improved refining margins and net inventory gains from recovering oil prices in the final quarter of 2020.
SINGAPORE (The Straits Times/ANN): Manufacturing firms are concerned that the coming cuts in the S Pass quota for the sector will raise wage costs and lead to labour shortages.
KUALA LUMPUR: Following the military coup in Myanmar, OCK Group Bhd could see earnings growth headwinds as network shutdowns could present some execution risks to the group’s towerco business in Myanmar, says RHB Research.
PETALING JAYA: Numbers forecast operators’ (NFOs) 2021 core earnings per share (EPS) could be hit by up to 27%, as a result of the operational disruptions caused by the reimplementation of the movement control order (MCO).
PETALING JAYA: Icon Offshore Bhd is expected to be profitable this year driven by its million ringgits worth of contract for its newly acquired jack-up drilling rig.
Transport Minister Datuk Seri Dr Wee Ka Siong shows that political chaos and Covid-19 pandemic are no impediments to serving the nation.
PETALING JAYA: Telekom Malaysia Bhd (TM) is expected to see earnings growth from its unifi and Internet revenues, as well as cost savings moving forward, according to RHB Research.
PETALING JAYA: Velesto Energy Bhd is anticipated to secure several short-term contracts from the second quarter of 2021, which will help offset potential weak results for the jack-up rig service provider.