Page 6 - Com Bhd News Today

KUALA LUMPUR (March 16): Based on corporate announcements and news flow today, companies in focus on Wednesday (March 17) may include: Berjaya Corp Bhd (BCorp), Classic Scenic Bhd (CScenic), Complete Logistic Services Bhd, Daya Materials Bhd, FGV Holdings Bhd, My E.G. Services Bhd (MyEG), Sime Darby Plantation Bhd, Superlon Holdings Bhd, Time dotCom Bhd, Top Glove Corp Bhd and United Malacca Bhd. Berjaya Corp Bhd has appointed Abdul Jalil Abdul Rasheed as its new chief executive officer, the fi...

US-based Carlyle Group and Luxembourg-based CVC Capital Partners are believed to be the front runners in the race to acquire Trendcell Sdn Bhd, the owner and operator of high-end supermarket chain Jaya Grocer, say sources, after outbidding at least two other offers. It is learnt that the two private equity firms are negotiating to buy a part of, a majority, or the entire supermarket business of Trendcell, which rang up RM1.32 billion in sales in 2020, for as much as RM1.1 billion. The sale, if ...

Revenue rose 9.8% to RM1.22 billion, from RM1.11 billion previously. In a filing with Bursa Malaysia today, it said the increase in revenue — excluding one-off non-recurring contracts — was mainly due to higher sales recorded by its data and data centre product groups, which grew 11% and 8.3% respectively. “All core customer groups also contributed positively to overall revenue growth in FY20, led by contributions from the retail and wholesale customer groups,” it said. Commander-in-chi...

KUALA LUMPUR (Feb 24): The main index at Bursa Malaysia struggled to keep its gains at the midday break Wednesday after index-linked glove makers faced selling pressure as Malaysias vaccination programme kicked off. At 12.30pm, the FBM KLCI was up 4.62 points to 1,569.67. The index had earlier risen to a high of 1,581.55. Losers led gainers by 500 to 298, while 756 counters traded unchanged. Trading volume was 7.41 billion shares valued at RM3.47 billion. The gainers included Nestle (M) Bhd, Eu...

KUALA LUMPUR (Feb 24): AEON Co (M) Bhd’s net profit for the financial year (FY) ended Dec 31, 2020, fell to RM41.42 million from RM109.229 million registered last year. Revenue also declined 10.7% to RM4.05 billion from RM4.54 billion previously, due to lower revenue from the retailing segment and property management services by RM387.6 million and RM100 million, it said in a filing with Bursa Malaysia today.

KUALA LUMPUR (Feb 24): Based on corporate announcements and news flow today, companies in focus tomorrow (Feb 25) may include: Telekom Malaysia Bhd, VSTECS Bhd, Vitrox Corp Bhd, D&O Green Technologies Bhd, Rubberex Corp Bhd, Allianz Malaysia Bhd, Press Metal Aluminium Holdings Bhd, Inari Amertron Bhd, Aeon Co (M) Bhd, Genting Plantations Bhd, Parkson Holdings Bhd, DRB-Hicom Bhd, Hap Seng Plantations Holdings Bhd, Globetronics Technology Bhd, Dayang Enterprise Holdings Bhd, Datasonic Group Bhd, ...

KUALA LUMPUR (Feb 17): The main index of Bursa Malaysia pared some of its loss before the midday break today, but remained below the 1,600-point level in line with cautious regional markets. At 12.30pm, the FBM KLCI was down 8.10 points at 1,598.04. The index earlier dropped to a low of 1,596.45. Broader market sentiment remained cautious with 416 losers and 367 gainers, while 712 counters traded unchanged. Trading volume was 5.99 billion shares valued at RM2.79 billion. The top losers includ...

KUALA LUMPUR (Feb 15): The FBM KLCI kicked off the first trading day after the Lunar New Year break, with a gain of 0.54% or 8.65 points to settle at 1,608.07. The local benchmark index climbed after constituents MISC Bhd, RHB Bank Bhd and Genting Malaysia (GenM) posted gains.

BURSA Malaysia-listed companies have realised how important it is to be cash rich when faced with an unexpected and severe situation like the Covid-19 pandemic. This is especially given the tough economic conditions the business community has had to weather in the past year, with lockdowns enforced in Malaysia and its major trading partners to contain the spread of the virus, bringing activities practically to a standstill. Many companies built up their cash positions in 2020 in anticipation of...

KUALA LUMPUR (Jan 27): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Jan 29) include: Fraser & Neave Holdings Bhd, Fintec Global Bhd, Pasukhas Group Bhd, Power Root Bhd, Tasco Bhd, See Hup Consolidated Bhd, Pavilion REIT, Chin Hin Group Property, Lotte Chemical Titan Holdings Bhd, KLCC Stapled Group Bhd, Digi.Com Bhd, Pimpinan Ehsan Bhd, Guocoland (Malaysia) Bhd, KPower Bhd and TA Enterprise Bhd, Fraser & Neave Holdings Bhds (F&N) revenue continued ...