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Serba Dinamik, Aeon Credit, Paramount, Star Media, RCE Capital, Mah Sing, AZRB, Cheetah, Nestcon, AE Multi, Green Ocean, BHIC, SCIB, MAG, Kronologi Asia and Cypark


KUALA LUMPUR (June 30): Based on corporate announcements and news flow today, companies in focus tomorrow (Thursday, July 1) may include: Serba Dinamik Holdings Bhd, Aeon Credit Service (M) Bhd, Paramount Corp Bhd, Star Media Group Bhd, RCE Capital Bhd, Mah Sing Group Bhd, Ahmad Zaki Resources Bhd (AZRB), Cheetah Holdings Bhd, Nestcon Bhd, AE Multi Holdings Bhd, Green Ocean Corp Bhd, Boustead Heavy Industries Corp Bhd (BHIC), Sarawak Consolidated Industries Bhd (SCIB), MAG Holdings Bhd, Kronologi Asia Bhd and Cypark Resources Bhd.
The Employees Provident Fund (EPF) has ceased to be a substantial shareholder in
Serba Dinamik Holdings Bhd, after selling another 96 million shares or 2.57% in the oil and gas services group in the open market on June 25. In a related development, Serba Dinamik’s largest shareholder and group CEO Datuk Mohd Abdul Karim Abdullah sold 46.3 million shares or 1.2% in the group on June 28, citing force-selling as reason for the disposal. Similarl ....

Kuala Lumpur , Sungai Buloh , Malaysia General , Awang Putera , Huang Yunlin , Serba Dinamik , Edmond Tay Nam Hiong , Sdn Bhd , Nestcon Bhd , Mightyprop Sdn Bhd , Chia Kee Foo , Kronologi Asia Bhd , Xinghe Holdings Bhd , Financial Service Co Ltd , Fat Company Ltd , Provident Fund , Bank Negara Malaysia , Mah Sing Group Bhd , Holdings Bhd , Serba Dinamik Holdings Bhd , Malaysian Maritime Enforcement Agency Dauphin , Anyang Herun Oil Technical Service Company Ltd , Corp Bhd , Star Media Group Bhd , Prosper Palm Oil Mill Sdn Bhd , Aeon Credit Servicem Bhd ,

SMG looks towards diversification as weak economy hurts performance


(SMG) has announced a net loss of RM14.2mil for the first quarter ended March 31,2021 from RM3.9mil reported in the same quarter a year ago.
Revenue dropped to RM42.6mil from RM65.8mil with the softness in Malaysian economy coupled by the effects of Covid-19 and the recent Movement Control Order affecting the topline.
“However, we saw a growth in Star’s digital revenue of 17% against last corresponding quarter, which was mainly attributable to the increase in the digital advertorial, growth marketing and paywall subscription revenue, ” SMG said in a filing with Bursa Malaysia.
“The Covid-19 pandemic has evolved into a global economic crisis where it has impacted most industries. Business and consumer behaviours remain uncertain but the group has taken drastic measures to contain the impact, ” SMG said. ....

Malaysia General , Movement Control Order , Star Media Group Bhd , Cityneon Holdings Ltd , Star Media Group , Star Online , Bursa Malaysia , மலேசியா ஜநரல் , இயக்கம் கட்டுப்பாடு ஆர்டர் , நட்சத்திரம் மீடியா குழு ப்ட் , நட்சத்திரம் மீடியா குழு , நட்சத்திரம் நிகழ்நிலை ,