KUALA LUMPUR (Jan 20): Based on corporate announcements and news flow today, stocks that may be in focus on Thursday (Jan 21) include Zhulian Corp Bhd, Tenaga Nasional Bhd, Hibiscus Petroleum Bhd, Axis REIT, Malaysia Airports Holdings Bhd, AirAsia Group Bhd, Widad Group Bhd, YTL Corp Bhd, FGV Holdings Bhd, INIX Technologies Bhd, Public Bank Bhd and Cymao Holdings Bhd
Zhulian Corp Bhd’s net profit rose 49% to RM13.55 million for the fourth quarter ended Nov 30, 2020, from RM9.1 million a year earlier, thanks to higher revenue. Earnings per share climbed to 2.95 sen from 1.98 sen. Revenue for the quarter increased 11.46% to RM43.6 million from RM39.12 million previously. With better earnings in the quarter, the group declared a fourth interim dividend of three sen per share, as well as a special dividend of five sen per share, amounting to a total of eight sen, which will be paid on March 10. It had declared six sen in the same period last year.
The Federal Land Development Authority (FELDA) bought 22 million shares in FGV Holdings Bhd in the open market yesterday for RM28.38 million as part of its efforts to take the plantation company private. The shares were bought at RM1.29 per share, slightly lower than the RM1.30 cash offer FELDA made for FGV shares, according to a statement from Maybank Investment Bank (Maybank IB).
KUALA LUMPUR (Jan 14): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Jan 15) include: FGV Holdings Bhd, TA Enterprise Bhd, AirAsia X Bhd (AAX), Pharmaniaga Bhd, Boustead Heavy Industries Corp Bhd (BHIC), See Hup Consolidated Bhd, Tek Seng Holdings Bhd, JCY International Bhd, George Kent (Malaysia) Bhd, Dayang Enterprise Holdings Bhd, Red Ideas Holdings Bhd, Jiankun International Bhd and Perak Transit Bhd.
The Federal Land Development Authority (Felda) bought 22 million shares in
FGV Holdings Bhd in the open market yesterday for RM28.38 million as part of its efforts to take the plantation company private. The shares were bought at RM1.29 per share, slightly lower than the RM1.30 cash offer Felda made for FGV shares.
KUALA LUMPUR, Jan 12 The Federal Land Development Authority (Felda) has issued an offer document in relation to its unconditional mandatory take-over offer for all remaining ordinary shares in FGV Holdings Bhd which it does not own, except treasury shares. In a Bursa Malaysia filing today,.