Petronas’ FY23 Net Profit, Prolintas IPO, CTOS – Business As Usual, Take Up Salient Headlines

Petronas’ FY23 Net Profit Lessened To RM80.7bil With Group Revenue Earned At RM343.6bil

Petroliam Nasional Bhd’s (PETRONAS) net profit fell to RM80.7 billion for the year ended Dec 31, 2023 (FY23) from RM101.6 billion in FY22 with group revenue earned at RM343.6 billion in FY23, down 7.7 per cent versus RM372.3 billion in the previous year.

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Prolintas Saw Its IPO Oversubscribed By 3.59 Times

Malaysia’s first listed Islamic business trust, Prolintas Infra Business Trust initial public offering, which is set to be listed on the Main Market of Bursa Malaysia Securities Berhad on March 25, has its public tranche oversubscribed by 3.59 times. 

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Avaland Revenue Visibility Clear With Sizeable Project Launches

Avaland ended 2023 on a strong note, delivering a RM608m revenue and RM63m core net profit, its highest since 2018.

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CTOS Digital – Business As Usual, Opportunity To Accumulate; RHB Keeps BUY

At a conference call yesterday (Mac 12), the management of CTOS Digital Berhad clarified certain aspects of the recent legal judgement against the company.

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Will Pressure Trigger AGD Expose Mismanagement Of RM122 Billion Losses In Future?

The most salient point raised by the recent Auditor-General’s Report 2022 was the exorbitant wastage running to over RM122 billion which was seen as recurring annually.

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IPO: 99 Speed Mart Files For Public Offering On Point Of End 2025, 3,000 Stores Drive

99 Speed Mart Retail Holdings Bhd, has taken a significant step towards its ambitious expansion plans by filing a draft prospectus for an initial public offering (IPO) on the Main Market of Bursa Malaysia.

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Go Through Ramadan Safely And Healthily: Prioritise Mental Wellbeing And Stay Prepared

As the holy month of Ramadan approaches, Muslims worldwide prepare for a journey of spiritual reflection and fasting.

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Maxis Engages Nokia To Build Its 5G Core Ecosystem

Maxis Berhad is collaborating with Nokia on two areas for its network enhancement namely on network security and reliability as well as a partner to build part its’ 5G Core ecosystem.

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Saikris TechDairies Sets Up Malaysia’s First High-Tech Robotic Dairy In Asia

Innovative dairy enterprise SaiKris TechDairies is set to propel Malaysia to the forefront of dairy farming technology with the establishment of the region’s first high-tech robotic dairy farm by the end of this year.

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