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MRCB, Serba Dinamik, Kanger International, Top Glove, Star Media, KESM Industries, MMAG Holdings, Scientex, Media Prima, Komarkcorp, Daibochi and Complete Logistics - Vimarsana News

MRCB, Serba Dinamik, Kanger International, Top Glove, Star Media, KESM Industries, MMAG Holdings, Scientex, Media Prima, Komarkcorp, Daibochi and Complete Logistics

KUALA LUMPUR (March 9): Based on corporate announcements and news flow today, companies in focus on Wednesday (March 10) may include: Malaysian Resources Corp Bhd (MRCB), Serba Dinamik Holdings Bhd, Kanger International Bhd, Top Glove Bhd, Star Media Group Bhd, KESM Industries Bhd, MMAG Holdings Bhd, Scientex Bhd, Media Prima Bhd, Komarkcorp Bhd, Daibochi Bhd and Complete Logistics Services Bhd.   Malaysian Resources Corp Bhd ( MRCB) is set to make its mark in New Zealand via a partnership with Panuku Development Auckland to develop the Aotea Central Over Station Development with a gross dev...

The party for plastic packaging players may be over - Vimarsana News

The party for plastic packaging players may be over

PLASTIC packaging companies came under the spotlight last year as demand for plastic packaging-related products soared, spurred on by the change in consumption patterns of consumers across the globe as a result of the Covid-19 pandemic. However, the recent meteoric rise in the price of resin — a crucial material in plastic manufacturing — could halt the good run that plastic packaging manufacturers have enjoyed so far. While raw material prices are definitely a concern, some point to the weaker US dollar, which could take a toll on these manufacturers as they derive a large portion of the...

Cover Story 2: Building a strong cash buffer in a pandemic - Vimarsana News

Cover Story 2: Building a strong cash buffer in a pandemic

BURSA Malaysia-listed companies have realised how important it is to be cash rich when faced with an unexpected and severe situation like the Covid-19 pandemic. This is especially given the tough economic conditions the business community has had to weather in the past year, with lockdowns enforced in Malaysia and its major trading partners to contain the spread of the virus, bringing activities practically to a standstill. Many companies built up their cash positions in 2020 in anticipation of the severe economic downturn due to Covid-19, notes private investor and former investment banker I...

KLCI claws back above 1,600 level as PM assures state of emergency does not entail military coup - Vimarsana News

KLCI claws back above 1,600 level as PM assures state of emergency does not entail military coup

KUALA LUMPUR (Jan 12): The main index at Bursa Malaysia pared some of its losses after having dropped below the 1,600-point level in the morning session following the reinstatement of the Movement Control Order (MCO) in several states. The Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah had today also consented to a proclamation of emergency for a period up to Aug 1, 2021, to contain Covid-19. The benchmark index pared its losses after Prime Minister Tan Sri Muhyiddin Yassin assured Malaysians that the declaration of state of emergency by the Agong earlier today d...

KLCI remains lacklustre on reinstatement of MCO, proclamation of emergency - Vimarsana News

KLCI remains lacklustre on reinstatement of MCO, proclamation of emergency

KUALA LUMPUR (Jan 12): The main index of Bursa Malaysia remained lacklustre today following the reinstatement of the movement control order (MCO) in several states. Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah today also consented to the proclamation of emergency until Aug 1, 2021 to contain Covid-19. At 10am, the FBM KLCI had lost 10.77 points to 1,606.48. Market breadth was negative with 511 losers and 321 gainers, while 393 counters traded unchanged. Trading volume was 1.88 billion shares valued at RM1.26 billion. The decliners included Carlsberg Brewery ...