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Genting Singapore Shares Drop on Fourth-Quarter Miss

By Ben Otto Genting Singapore shares fell in early trading after the casino operator missed some analysts' earnings expectations due to impairments and other...

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Genting Likely to Post 2023 Profit on Tourism Recovery-- Earnings Preview

By Ying Xian Wong Genting Bhd. is expected to report results for fourth-quarter and full-year results on Friday. Here's what you need to know: NET PROFIT...

Malaysia , India , Shao-yang , Hunan , China , Genting-bhd , Kam-meng , Sophie-chua-siu-li , Las-vegas , Maybank-investment-bank , Hong-leong-investment-bank , Ying-xian

Kossan Rubber Shares Rise as Earnings Beat Sparks Analyst Upgrades

By Ying Xian Wong Kossan Rubber Industries shares jumped Thursday morning as analysts raised ratings and target prices for the company following a quarterly...

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Top Glove Shares Fall After Analysts Cut Outlooks

Top Glove Shares Fall After Analysts Cut Outlooks
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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Competition in last-mile delivery could weigh down Pos Malaysia's profitability, says HLIB

Hong Leong Investment Bank (HLIB) Research has maintained its “hold” rating on Pos Malaysia Bhd at 63.5 sen with an unchanged target price of 61 sen and said that the intense competition in the last-mile delivery space could potentially weigh down on Pos Malaysia's profitability.

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Cover Story: BAT Malaysia shows first profit growth since 2015

UNCERTAINTIES surrounding a potential new law to prohibit smoking and the sale of tobacco products to anyone born after 2005, in a move dubbed the “generational endgame”, may continue to weigh on British American Tobacco (Malaysia) Bhd (BAT Malaysia) in the short term, say analysts. Its share price has fallen 6% since Health Minister Khairy Jamaluddin announced on Feb 17 that the government was looking to implement this law in Malaysia. The stock closed at RM11.82 last Wednesday, giving the company a market capitalisation of RM3.37 billion.

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Heineken Malaysia emerges as top gainer on 4Q net profit, 66 sen dividend

Heineken Malaysia Bhd has emerged as the top gainer at mid-morning on Thursday (Feb 17) after its net profit for the fourth quarter ended Dec 31, 2021 (4QFY21) surged 76.93% to RM95.85 million from RM54.17 million a year ago, and it proposed a final dividend of 66 sen per share.

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HLIB, Kenanga see challenges for BAT Malaysia in light of smoking ban for those born after 2005

Hong Leong Investment Bank (HLIB) Research and Kenanga Research expect further challenges for British American Tobacco (Malaysia) Bhd (BAT Malaysia) in light of the proposal to ban all types of cigarette products for those born after 2005 (a generation smoking ban), as well as renewed illegal activities as a result of the proposed ban.

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