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PETALING JAYA: Hong Leong Investment Bank (HLIB) Research sees positive developments for Tenaga Nasional Bhd (TNB), which is a major beneficiary of the recently launched National Energy Transition Roadmap (NETR).
KUALA LUMPUR: Despite government initiatives to encourage the purchase of electric vehicles (EV) in Malaysia, the relatively high costs remain a hurdle to wider adoption in Malaysia.
KUALA LUMPUR: TA Securities has raised Fraser & Neave Holdings Bhd's (F&N) financial years ending Sept 30, 2023 to 2025 (FY23-FY25) earnings estimates by 5.7% to 12.6%.
KUALA LUMPUR: There is an uncertain outlook for British American Tobacco (M) Bhd (BAT) as a delay in the launching of its vape products (VUSE) could have a negative impact on its prospects.
KUALA LUMPUR: IOI Properties Group Bhd’s new property sales outlook for FY24 is expected to be better, driven by local and Singapore projects, according to MIDF Research.
PETALING JAYA: CCK Consolidated Holdings Bhd is expected to see a boost in revenue following the acquisition of a new business in Indonesia for its prawn division as well as the opening of new stores.
KUALA LUMPUR: Stocks in focus on Friday include companies with corporate announcements including Genting Malaysia, Aneka Jaringan, TT Vision, Gamuda and EcoWorld Development Group, said Apex Research.