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KUALA LUMPUR: UOB Kay Hian Malaysia Research is retaining its Buy call on Top Glove Corporation Bhd with a lower target price of RM7.60 from RM10.40, which is independent of the listing in Hong Kong, as it rolls over its valuations to CY22.
Highlights of last week’s stories – Genting, AirAsia, telecommunications, AMMB
China's first Ad5-nCoV Covid-19 vaccine was rolled out on Friday (Feb 26). One of the developers of the single-dose vaccine said that the annual production capacity can reach 500 million doses, which means 500 million people can be vaccinated in a year.
(Reuters) - Tesla Chief Executive Officer Elon Musk said the electric vehicle company's Fremont, California plant shut down for two days this week due to "parts shortages" and had reopened on Wednesday.
NEW DELHI (Reuters) - India is struggling to convince its health and front-line workers to take a homegrown COVID-19 vaccine controversially approved without late-stage efficacy data, government data showed https://dashboard.cowin.gov.in on Thursday, days ahead of a wider roll-out.
KUALA LUMPUR: Despite higher foreign exchange losses, Inari Amertron Bhd’s (Inari) net profit jumped more than two-fold to RM90.09mil for the second quarter ended Dec 31 from RM37.48mil a year ago driven by higher revenue in the radio frequency (RF) business, and recognition of deferred tax assets.
KUALA LUMPUR: Japan’s Denso Corp is investing RM160mil to expand the production capacity of its automotive semiconductors in Malaysia.
RAWANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is allocating RM1.2 billion for capital expenditure (capex) this year.
KUALA LUMPUR: Japan’s Denso Corporation is investing RM160mil to expand the production capacity of its automotive semiconductors in Malaysia.