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KUALA LUMPUR (June 9): AEON Co (M) Bhd said its managing director and chief executive officer (CEO), Shafie Shamsuddin, will resign from the posts effective June 30 to pursue new challenges.
WITH 5G and digital services being two key growth areas, Telekom Malaysia Bhd (TM) is actively seeking partners and solutions in the digital space to strengthen its value proposition. And it is not discounting the possibility of acquisitions or joint ventures taking place this year. “That [the need to invest to be better positioned for new growth areas] is partly why we are looking at conserving our cash position,” its managing director and CEO Imri Mokhtar tells The Edge.
KUALA LUMPUR: Defensive stocks with high dividend yields and are beneficiaries of the strong US dollar may most likely become market winners in the short to medium term.
Based on corporate announcements and news flow on Friday, companies that may be in focus on Thursday (May 5) include Axiata Group Bhd, RHB Bank Bhd, YTL Corp Bhd, AEON Credit Service (M) Bhd, Serba Dinamik Holdings Bhd, Sapura Energy Bhd, Digi.Com Bhd, Pestech International Bhd, Samaiden Group Bhd, Gadang Holdings Bhd, Eco World Development Group Bhd and Fitters Diversified Bhd.
Based on corporate announcements and news flow on Friday (Feb 25), companies that may be in focus on Monday (Feb 28) include AMMB Holdings Bhd, Public Bank Bhd, Press Metal Aluminium Holdings Bhd, Sime Darby Property Bhd, Telekom Malaysia Bhd, Pharmaniaga Bhd, BCM Alliance Bhd, Frontken Corp Bhd, IGB Bhd, IOI Properties Group Bhd, Malaysian Pacific Industries Bhd, Malaysia Steel Works (KL) Bhd, MBM Resources Bhd, MyEG Services Bhd, Paramount Corp Bhd, Samchem Holdings Bhd, Serba Dinamik Holdings Bhd, TIME dotCom Bhd, Tropicana Corp Bhd, UMW Holdings Bhd, and Unisem (M) Bhd.