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RHB Investment Bank Bhd has maintained it “neutral” stance on the telecommunications (telco) sector, naming Telekom Malaysia Bhd (TM) and OCK Group Bhd as its top picks. The research house has “buy” calls for both stocks, with a target price of RM6.20 for TM, and 60 sen for OCK, according to a note it released on Tuesday (March 21).
PUTRAJAYA: In conjunction with Ramadan and Hari Raya Aidilfitri festivities, AEON Co (M) Bhd has launched the Rahmah Raya AEON as part of the Payung Rahmah programme to help people cope with the rising cost of living while stimulating the country's economy.
AVM launched a sovereign cloud solution that uses VMware's multi-cloud technology, allowing businesses to comply with data residency.
Here is a brief recap of some corporate announcements that made the news on Thursday (Jan 19) involving IGB Real Estate Investment Trust, Axis Real Estate Investment Trust, CapitaLand Malaysia Trust, Ecobuilt Holdings Bhd, YTL Power International Bhd, RHB Bank Bhd, Digistar Corp Bhd, Malaysian Resources Corp Bhd and Digi.Com Bhd. IGB Real Estate Investment Trust (IGB REIT)’s net property income (NPI) for the fourth quarter ended Dec 31, 2022 (4QFY2022) rose 12.79% to RM105.64 million from RM93.66 million a year ago, as revenue increased 24.59% to RM148.72 million from RM119.37 million. The h...
Bursa Malaysia shook off earlier losses to end at its intraday high on Tuesday (Jan 17), lifted by late buying of selected telecommunications and media, as well as industrial products and services counters, dealers said.