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MIDF Research remains bullish on Malaysia’s consumer sector, premised on a stable labour market that supports domestic consumption, high tourist movement, better margins for food and beverage producers, and a stronger ringgit outlook.
Time dotCom, DigitalBridge Group, AIMS Group, Data centre, Asia, Expansion
KUALA LUMPUR: The Communications and Digital Ministry will have a discussion about the national 5G implementation roadmap with Prime Minister Datuk Seri Anwar Ibrahim on Tuesday (April 11).
Fahmi Fadzil, 5G, roadmap, discussion, Hari Raya, Internet
KUALA LUMPUR: Kumpulan Wang Persaraan (KWAP) disposed of 4.81 million shares of Time dotCom Bhd on Dec 29 and 30 in the open market when the share price rallied following fresh corporate developments including its tie-up with DiGi.com Bhd and Astro. A filing with Bursa Malaysia showed KWAP sold two million Time dotCom shares on Dec 29, 2010 and 2.81 million shares the next day. The share price closed at 75.5 sen amd 77 sen. The disposals reduced KWAP’s shareholding to 7.62% or 192.83 million shares. In December, DiGi.com Bhd had entered into a wavelength purchase agreement and maintenance an...