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Can IJM’s Entry Turn Pestech Around? CGSCIMB Reiterates ADD Call

IJM Corporation’s acquisition of a 44.8% stake in Pestech at RM0.155/share (47% discount to closing price) gives it a stronger footing for turnkey rail...

Global Business Opportunities Abundant For Malayan Banking Bhd, Kenanga Issues OUTPERFORM Call

Maybank looks to further strengthen its global banking business, which is a meaningful contributor to earnings. Enhancing its already comprehensive wholesale banking propositions and...

BMI: Three Reasons Why Telcos Are Keen On DNB Equity

BMI, a Fitch Solutions company, has attached three reasons to the five telecommunication companies, especially Maxis Bhd's, capitulation to join Digital Nasional Bhd. According to...

China Gloom Deepens, Wall Street Shines

The contrasting market fortunes between the U.S. and China are well known to investors, but deepening gloom surrounding China's property sector and a surprisingly...

Stock Picks Of The Day – Malaysia Marine And Heavy Engineering, Uzma

Malaysia Marine And Heavy Engineering is set for an uptrend rebound as it surpassed the consolidation phase. RHB Retail Research, in a note today (July...

HSIF Ends Up Struggling Near 20-Day SMA Line

The Hang Seng Index Futures fell below the 20-day SMA line, retreating 380 pts and closing at 18,677 pts. RHB Retail Research, in a note...

Singapore Bourse Called Rangebound Again On Tuesday

The Singapore stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day winning...

U.S. Stocks Extends Rally To 11 Days For Longest Winning Streak In Six Years, Chevron, Alphabet,, Microsoft and Meta Lead Gainers

The Dow Jones Industrial Average rose Monday, notching its longest winning streak since February 2017, to kick off a busy week of key earnings...

IJM Corp To Buy 44.83% Of Pestech International For RM124 Million

IJM Corporation Bhd has entered into a conditional subscription agreement for the proposed subscription of 44.83 per cent stake in Pestech International Bhd for...

Infineon Awards JAG’s Subsidiary RM150m Waste Management Services Contract

JAG Bhd’s wholly owned subsidiary Jaring Metal Industries Sdn Bhd (JMI) will provide total waste management services to Infineon Technologies (Malaysia) Sdn Bhd for...

MIDF Research: ‘Likely Govt Retains Retail Fuel Prices Status Quo Till Year-End’

MIDF Amanah Investment Bank Bhd (MIDF Research) expects the government to keep retail fuel prices status quo at least until the end of 2023,...

United Plantations’ 2Q Net Profits Falls To RM159.02 Million

United Plantations Bhd has posted a lower net profit of RM159.02 million in the second quarter (2Q) ended June 30, 2023 from RM184.63 million...

Professor: Inflation Downtrend To Continue In 2H As Prices Show Moderation

The easing of inflation in Malaysia is likely to continue into the second half of 2023 (2H2023) as prices in the market showing moderation,...

Ringgit Dips For 5th Consecutive Day

The ringgit continued its downtrend to end lower against the US dollar on Monday (July 24) for the fifth consecutive day on cautious sentiment...

Public Bank Steps Up Security Measures Against Scams, Frauds

Public Bank Bhd will continue to step up its security measures against the diverse modus operandi of scams and frauds. One of the latest scams...

PM Hands Over 10-Year Stay Pass For Strategic Investors Nomad Workers

Prime Minister Dato’ Seri Anwar Ibrahim announced on July 14 that the Immigration Facilitation for Strategic Investors Nomad Workers in the Manufacturing Sector needed...

Tribute By Rais Hussin: The Perfect Minister Gentleman : Salahuddin Ayub

At a time when global, unfortunately, Malaysian politics too, are wracked with unnecessary polemics, even vitriol, the passing of Datuk Seri Salahuddin Ayub, who...

Pharmaniaga Launches Second Consecutive Private Placement, Kenanga Issues Underperform Call

Pharmaniaga Berhad (Pharma) has proposed to undertake a second private placement of new shares, following the first just slightly more than a month ago....

MSIF Stands By Green Transition Roadmap For Iron And Steel Industry

The Malaysian Iron and Steel Industry Federation (MISIF) fully supports the Green Transition Roadmap For Iron And Steel Industry and acknowledges the strong support...

Twitter’s Blue Bird Logo To Be Replaced By An X, Elon Musk Says

Twitter Inc owner Elon Musk on Sunday signaled he would do more to take the social media company in a new direction with a...

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