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A better year in store for local currency

PETALING JAYA: A firmer ringgit is expected in 2024, with the local currency forecast to strengthen to RM4.40 per US dollar by the end of next year.

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Astro appoints new CFO

PETALING JAYA: Astro Malaysia Holdings Bhd has appointed Dr Grace Lee Hwee Leng as its new chief financial officer (CFO) with effect from Jan 1, 2024.

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Mixed calls from investment banks on Astro after 3Q loss

Public Investment Bank Bhd maintained its “neutral” stance on Astro Malaysia Holdings Bhd (Astro) despite it reporting a RM41 million net loss for the third quarter of financial year 2024 (3Q FY2024), after excluding contribution from Astro GS Shop Sdn Bhd, its home-shopping business.

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Trading ideas: KLK, Sapura Energy, Yinson, Hiap Teck, Crest Builder, Astro, EcoWorld Malaysia, Scientex, Pestech and Ranhill Utilities

KUALA LUMPUR: Stocks that could be on investors' radar screens include KLK, Sapura Energy, Yinson, Hiap Teck, Crest Builder, Astro, EcoWorld Malaysia, Scientex, Pestech and Ranhill Utilities, said Apex Securities Research.

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Mixed calls from investment banks on Astro after 3Q loss

KUALA LUMPUR, Dec 15 ― Public Investment Bank Bhd maintained its “neutral” stance on Astro Malaysia Holdings Bhd (Astro) despite it reporting a RM41 million net loss for...

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Astro Malaysia pushes ahead with transformation

KUALA LUMPUR: Astro Malaysia Holdings Bhd is maintaining a cautious outlook as it continues to push ahead with its business transformation.

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Astro in the red with net loss of RM47.05m in Q3

KUALA LUMPUR, Dec 14 — Astro Malaysia Holdings Bhd turned red with a net loss of RM47.05 million during the third quarter (3Q) ended October 31, 2023, compared to a net profit...

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