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Kenanga Research "neutral" on aviation sector, projects 9.6 million tourist arrivals in 2023

KUALA LUMPUR (Dec 28): Kenanga Research is projecting tourist arrivals in the country to jump four-fold to 9.6 million in 2023 from an estimated 2.5 million a year ago on the back of the reopening of international borders. It said the increase would be driven by the return of both business and leisure air travel globally, the revocation of all on-arrival quarantine and testing requirements in Malaysia and the eventual gradual reopening of China which historically accounts for an estimated 12%...
Kuala Lumpur Malaysia Airports Holdings Bhd Kenanga Research Sector Update Practice Note

SCGM's Q2 net profit soars to RM295.14mil following disposal of subsidiary

KUALA LUMPUR: SCGM Bhd’s net profit for the second quarter ended Oct 31, 2022 (Q2 FY2023) soared to RM295.14 million from RM7.83 million a year ago following the disposal of its 100 per cent equity interest in Lee Soon Seng Plastic Industries Sdn Bhd (LSSPI).
Kuala Lumpur Lee Soon Seng Plastic Industries Sdn Bhd Bursa Malaysia Bursa Securities Listing Requirements Practice Note

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Serba Dinamik fails to submit annual report 2022, shares to be suspended from tomorrow

KUALA LUMPUR: Serba Dinamik Holdings Bhd says the issuance of its annual report 2022 (AR2022) has been delayed as the audited financial statements, together with its auditors’ and directors’ reports for the financial year ended June 30, 2022 have not been completed.
Kuala Lumpur Serba Dinamik Serba Dinamik Holdings Bhd Serba Dinamik Holdings Practice Note Bursa Malaysia

Scomi, UWC, Poh Kong, Opcom, PBA, JAKS, TDM, GIIB, Citaglobal and MAHB

KUALA LUMPUR (Dec 20): Here is a brief recap of some corporate announcements that made news on Tuesday (Dec 20), involving Scomi Group Bhd, UWC Bhd, Poh Kong Holdings Bhd, Opcom Holdings Bhd, PBA Holdings Bhd, JAKS Resources Bhd, TDM Bhd, GIIB Holdings Bhd, Citaglobal Bhd and Malaysia Airports Holdings Bhd (MAHB).
Kuala Lumpur Kalimantan Barat West Kalimantan Jawa Timur Citaglobal Bhd Sdn Bhd

Serba Dinamik drops to one sen as spectre of trading suspension spooks investors

Selling pressure on financially troubled oil and gas services provider Serba Dinamik Holdings Bhd mounted, after Bursa Malaysia warned of a trading suspension if the company fails to submit its annual report for the financial year ended June 30, 2022 (FY2022).
Kuala Lumpur Leform Bhd Serba Dinamik Serba Dinamik Holdings Bhd Bursa Malaysia Practice Note

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