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Zhulian's performance dependent on consumer spending, currency fluctuations

KUALA LUMPUR: Zhulian Corp Bhd’s performance is closely linked to the overall consumer spending patterns and the fluctuating of foreign currency exchange. ....

Kuala Lumpur , Zhulian Corp Bhd , Zhulian Corp , Corporate News ,

Zhulian posts two-fold jump in quarterly net profit

PETALING JAYA: Zhulian Corp Bhd’s net profit more than doubled to RM26.15mil for the first quarter ended Feb 28, 2022 (1Q22) from RM12.11mil in the corresponding quarter of the preceding year on gains from disposal of a leasehold land in Indonesia. ....

Malaysia General , Zhulian Corp Bhd , Zhulian Corp ,

Zhulian Corp posts lower profit in fourth quarter

KUALA LUMPUR: Zhulian Corp Bhd continues to be cautious about its prospects for 2022 due to the economic disruption caused by the Covid-19 pandemic, as well as foreign exchange movements of the ringgit against the United States dollar, as the group’s export sales are transacted in the greenback. ....

Kuala Lumpur , United States , Zhulian Corp Bhd , Zhulian Corp , Bursa Malaysia , Corporate News ,

Trading ideas: Yenher, Kejuruteraan Asastera, Nestcon, Sime Darby Plantation


Yenher makes its listing debut today in the Main market of Bursa Malaysia.
Kejuruteraan Asastera is partnering with the Philippines-based LCS Holdings Inc and ATS Venture Group Sdn Bhd to build and operate a telecommunication tower project in the Philippines.
Nestcon has bagged a RM31.34mil contract to carry out rock stabilisation works at a mixed development on a 61-acre site in Damansara Perdana.
Two experts on Sime Darby Plantation s human rights commission said they had resigned from the panel due to lack of transparency, in a potential setback for the company s efforts to overturn a US import ban.
WCT said its wholly-owned subsidiary WCT Bhd (WCTB) and Meydan Group LLC have entered into a settlement agreement under which Meydan will pay WCTB 726.57 million United Arab Emirates dirham (RM828.25mil) in a full settlement linked to the Nad Al Sheba Dubai Racecourse contract dispute between both parties. ....

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