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M'sian stoocks likely to continue winning streak this week
AFTER registering a historical high of 1,670.16, the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to extend its rally this week on further improvement in the external environment as well as support from banking stocks.
Wah Seong strategy in energy ops gaining traction
PETALING JAYA: Wah Seong Corp Bhd’s strategy to develop a portfolio of renewable energy and power plants in Cambodia is gaining traction after the group secured a deal to sell electricity in the country.
Sime shortens acceptance period for NBPOL acquisition
KUALA LUMPUR: Sime Darby Plantation Sdn Bhd, a subsidiary of Sime Darby Bhd has shorten the acceptance period for its acquisition of New Britain Palm Oil Ltd (NBPOL).
Southeast Asian stocks: Most down, Malaysia up slightly
BANGKOK: Most Southeast Asian stock markets fell on Monday, in line with weak local currencies, as expectations of the U.S. Fed's lift off in December and China's weak exports data hit risk appetite. Singapore fell 0.4 percent while Malaysia was little changed. Both markets will be closed on Tuesday for a holiday.
Diary Malaysia Wednesday May 11
KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS
Bankers cautious on outlook for global equity deals after 2016 slide
LONDON: Global equity raising fell by more than a quarter in 2016, data showed on Friday, hit by geopolitical shocks and a string of failed initial public offerings (IPOs), with the outlook for 2017 looking shaky
Cautious outlook for equity market in 2017
PETALING JAYA: The equity capital market (ECM) saw one of its slowest years in 2016, with no major initial public offerings (IPO) taking place. This, in turn, could suggest a cloudy outlook for 2017.
Dialog Q2 revenue rises to RM856.78mil
PETALING JAYA: Dialog Group Bhd registered a 34% higher revenue year-on-year (y-o-y) to RM856.78mil in its second quarter ended Dec 31, 2016, mainly attributed to its joint venture in the Pengerang Independent Terminals.
