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Share The photo taken on June 20, 2016 shows the Don Sahong dam, near Cambodia-Laos borders. AFP/File Packaging set to ratchet up growth for Mega First Tue, 9 March 2021 Although Malaysia’s Mega First Corp Bhd has been reaping benefits from Laos’ Don Sahong power plant, it will continue to push for more earnings growth from its core businesses. PublicInvest Research said the group’s packaging division would be the key growth driver in the next three years and better sales growth in the limestone business would be seen amid anticipation of strong economic recovery. “To cope with increa...

has been reaping benefits from the Don Sahong power plant, it will continue to push for more earnings growth from its core businesses. PublicInvest Research said the group’s packaging division would be the key growth driver in the next three years and better sales growth in the limestone business would be seen amid anticipation of strong economic recovery. “To cope with increasing demand, the 60%-owned Hexachase Group is currently seeing aggressive capacity expansion for its paper bag and flexible packaging capacities, which are expected to increase by 200% and 100%, respectively. “The...

KUALA LUMPUR (March 2): The FBM KLCI closed higher by 0.17% or 2.73 points as investors engaged in stock-picking amid sector rotational play, while the positive sentiment generated from Wall Street’s overnight surge has also spilt over to the local market. At 5pm, the benchmark index closed at 1,569.87 points. Today, the index had only been trading in the positive territory throughout the trading session, ranging between 1,568.67 and 1,583.43. Among the 30 FBM KLCI constituents, 18 stocks were higher, nine were lower while three traded flat. Gains were led by IHH Healthcare Bhd, which jumpe...

Mi Equipment Holdings Bhd group CEO & executive director Oh Kuang Eng. THE Top 40 Richest in Malaysia list for 2020 saw the entries of new tech billionaires from five companies, as they became beneficiaries of the China-United States trade tensions as well as a Covid-19 pandemic-induced electronic equipment demand surge, as lockdowns forced people to work from home. Net worth is computed based on the closing share price of the companies as at Dec 31,2020. It is worth noting that Penang is the base for four of the five new tech companies on the list, with the exception of Melaka-based D&O Gree...

Malaysia’s super-rich, hard hit by the market following the outbreak of Covid-19, saw billions being wiped out of their fortunes. On the other hand, entrepreneurs involved in the making of rubber gloves minted more money, while new billionaires emerged from the tech manufacturing sector as shares of their companies soared in 2020. THE outbreak of the Covid-19 pandemic in 2020 has delivered a brutal hand to the country’s economy, bringing unprecedented challenges to the general public and corporate sector. And if this may offer some consolation amid the plunging values of your retirement a...