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KUALA LUMPUR: RHB research has upgraded MISC Bhd to a buy rating with a higher target price of RM9.21 following the release of 9M19 earnings that came within estimates.
KUALA LUMPUR: RHB Research has upgraded SP Setia to Buy from Neutral with a new target price pf RM1.68. Its last traded price was RM1.35.
MORE than 100 companies have benefited from Petronas’ vendor development programme (VDP) with contracts worth about RM9bil disbursed.Economic Affairs Minister Datuk Seri Azmin Ali said the programme was among various initiatives taken to enable more local vendors to participate actively and competitively in the oil and gas industry.
SINGAPORE: Security clearance at all immigration checkpoints in Singapore will be fully automated with fingerprint, facial and iris scans by 2025, as part of the nation’s plan to harness artificial intelligence (AI) technologies to deliver social and economic benefits.
PETALING JAYA: KKB Engineering Bhd’s net profit almost tripled to RM19.3mil for the third quarter ended Sept 30 from RM6.9mil in the corresponding quarter last year.
KUALA LUMPUR: RAM Rating Services Bhd has kept the outlook on most of the sectors under its coverage as stable despite challenges such as decelerating economic growth, weak commodity prices and highly uncertain global trade conditions following the protracted US-China trade spat.
KUALA LUMPUR: MISC Bhd posted lower net profit of RM266.10mil in the third quarter ended Sept 30,2019 due to higher impairment of assets and finance costs, coupled with higher gain on acquisition of a business a year ago.
KUALA LUMPUR: SP Setia Bhd achieved revenue of RM3.13bil and pre-tax profit of RM508.8mil in the January-to-September period, mainly contributed by its ongoing projects in Malaysia.
Sunway Malls emerged a big winner at the International Council of Shopping Centres (ICSC) Asia-Pacific Awards, bagging two awards for two of its malls.
PONTIAN: Parti Pribumi Bersatu Malaysia (Bersatu) president Tan Sri Muhyiddin Yassin has urged voters in Tanjung Piai to vote wisely and pick a candidate that is able to continue to develop the area.