Page 2 - Mega First News Today

is expected to post a strong set of results for its financial year ended Dec 31,2020 (FY20) on the back of higher availability factor, despite some margin pressure coming from the resources and packaging segments due to freight-related issues, said PublicInvest Research. The availability factor for the company’s Don Sahong hydropower station in Laos in the fourth quarter of FY20 is expected to be higher than the third quarter of FY20’s 92.2%, given the higher water level during the wet per...

The world went into real uncharted territories in 2020, starting with a pandemic no one had foreseen, and one the world had not experienced in decades. And while the subsequent slump in the equity markets was expected, the wild surge upwards as bulls dominated — including in Bursa Malaysia — was rather not, especially with the yet-to-dissipate shadows cast by the coronavirus. Moving forward, the availability of vaccines raises optimism of a better year ahead. The Edge contacted fund manager...