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Nurul Huda

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Markets

Wasco Bags RM162 Million Pre-Fab Job in Africa, Dampens By Cost Pressures – Kenanga

Nurul Huda -
Wasco Bhd (Wasco) has been awarded by Schneider Electric a pre-fabricated building job in Africa worth RM161.8 million, and this could boost its YTD job...
Markets

FRCB Withheld By Repatriation Taxes In 3Q23 – Maybank IB

Nurul Huda -
Frontken Corporation Berhad (FRCB) endured its third consecutive earnings miss in 3Q23 as a pickup in semiconductor front-end activity in Taiwan and Singapore was...
News

Possibility Of Luxury Condo Guards Helping Scam Syndicates – Police

Nurul Huda -
Police are not discounting the possibility of security guards in luxury condominiums around the federal capital aiding call centre scam syndicates, following the rise...
Global

Sri Lanka Approves Free Visas For Malaysia, Six Other Countries

Nurul Huda -
The Sri Lankan government has approved temporarily waiving visa fees for tourists from selected countries including Malaysia Foreign Minister Ali Sabry said. "Cabinet approves...
Global

Euro Zone’s Near 3-Year Low October PMI Stirs Recession Worries

Nurul Huda -
Euro zone business activity took a surprise turn for the worse this month as demand fell in a broad-based downturn across the region, a...
Business

AZSB Opposes Winding-Up Petition From Versalink Over RM1.81 Million Owed

Nurul Huda -
Ahmad Zaki Resources Bhd (AZRB) announced that its wholly-owned subsidiary, Ahmad Zaki Sdn Bhd (AZSB), is opposing the winding-up petition that it (AZSB) received...
Markets

Foreign Exchange Rates Oct 24, 2023

Nurul Huda -
The closing Foreign Exchange rates as at 5.30pm, Oct 24 are as presented below: CurrencyBank sellTT/ODBank buy(TT)Bank buyOD1 US DOLLAR4.85154.71754.70751 AUSTRALIAN DOLLAR3.09602.97402.95801 BRUNEI DOLLAR3.55103.44903.44101 CANADIAN...
Markets

Bursa Malaysia’s Oct 24 Top Gainers And Losers

Nurul Huda -
However, on the broader market, gainers surpassed decliners 510 to 348, while 452 counters were unchanged, 1,058 untraded and 13 suspended. Top Gainers NOSTOCK NAMESTOCK CODELAST...
News

5G SSA Expected To Finalise, Subscribed By End Of Month: Ambank

Nurul Huda -
Ambank Research expects that the Share Subscription Agreement (SSA) with Digital Nasional Berhad (DNB) and new equity structure will be finalised and subscribed to by...
Automotive

Loke: No Plans For End-Of-Life Vehicle Policy, Encourages Switch To EV

Nurul Huda -
Malaysia does not implement an end-of-life vehicle policy for old vehicles given its impracticality, but encourages the people to move towards carbon-free electric vehicle...
Business

Malaysia To Allow Lynas To Import Raw Materials That Contains Radioactive Substance

Nurul Huda -
Malaysia said on Tuesday it will allow Australia's Lynas Rare Earths to import raw materials that contain natural radioactive material until March 2026. The update...
Markets

Germany To Pass Japan As 3rd-Largest Economy, Helped By Weakening Yen

Nurul Huda -
Germany’s economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide in the yen against the dollar...
Markets

No Major Earnings Surprise For Press Metal Aluminium In 3Q23 – Maybank IB

Nurul Huda -
Press Metal Aluminium Holdings Bhd is expecting no major earnings surprise in 3Q23 earnings lowered, according  Maybank Investment Bank Berhad (Maybank IB). In its notes...
business

Singapore To Revamp Gas Industry, No Long Term Impact On YTLP: CGS-CIMB

Nurul Huda -
Singapore’s Energy Market Authority (EMA) plans to revamp gas procurement framework and this will not have a long term impact of YTL Power International...
Business

Pestech Disputes Reliefs Requested By SPYTL Via Arbitration Notice

Nurul Huda -
Pestech International Berhad (Pestech), disputes reliefs sought by SPYTL via notice of arbitration in relation to the Parent Company Guarantee issued by Pestech to...
Lifestyle

Samsung Launches Try Now, Buy Later Program For 98-Inch Supersize TV

Nurul Huda -
Samsung is offering an online exclusive Try Now, Buy Later Program for the 98" QLED supersize TV from today (Oct 23) to Nov 15. This...
business

AORB Signs Agreement With MBI To Develop Sustainable Industrial Centre in Selangor

Nurul Huda -
Alpha Ocean Resources Berhad (AORB) had entered into a memorandum of understanding (MOA) with Menteri Besar Selangor Incorporated (MBI Selangor) for the development of...
Markets

Foreign Exchange Rates Oct 23, 2023

Nurul Huda -
The closing Foreign Exchange rates as at 6pm, Oct 23 are as presented below: CurrencyBank sellTT/ODBank buy(TT)Bank buyOD1 US DOLLAR4.85154.71854.70851 AUSTRALIAN DOLLAR3.07502.95402.93801 BRUNEI DOLLAR3.52803.42703.43001 CANADIAN...
Markets

Bursa Malaysia’s Oct 23 Top Gainers And Losers

Nurul Huda -
On the broader market, decliners beat gainers 743 to 195, while 384 counters were unchanged, 1,035 untraded and nine suspended. Top Gainers NOSTOCK NAMESTOCK CODELAST DONECHGVOL...
Business

QatarEnergy Signs 27-Year LNG Supply Deal With Italy’s Eni

Nurul Huda -
State-owned QatarEnergy said on Monday it would supply Italy's Eni with gas for 27 years, following similar deals this month to supply the Netherlands...
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