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AMMB, HeiTech Padu, Pharmaniaga, Top Glove, Advancon, Sime Darby Plantation and Uzma

KUALA LUMPUR (March 1): Based on corporate announcements and news flow today, companies in focus on Tuesday (March 2) may include AMMB Holdings Bhd, HeiTech Padu Bhd, Pharmaniaga Bhd, Top Glove Corp Bhd, Advancon Holdings Bhd, Sime Darby Plantation Bhd and Uzma Bhd.
AMMB Holdings Bhd’s net profit for the third quarter ended Dec 31, 2020 (3QFY21) fell 30.96% to RM263.83 million from RM382.15 million a year ago, due to higher allowance for impairment on loans, advances and financing. The banking group’s quarterly revenue also slipped 11.81% to RM2.09 billion, from RM2.37 billion a year ago, its filing to Bursa Malaysia showed. AMMB did not declare any dividend for the latest quarter. ....

Kuala Lumpur , Sdn Bhd , Heitech Padu Bhd , Pharmaniaga Bhd , Suria Infiniti Sdn Bhd , Mohamed Shazalli Ramly , Uzma Bhd , Andy Hall , Top Glove Corp Bhd , Advancecon Holdings Bhd , Impactt Ltd , Upper Rajang Development Agency , Advancon Holdings Bhd , Immigration Department On , Expert Stakeholder Human Rights Assessment Commission , Holdings Bhd , National Union Of Plantation Workers , Sime Darby Plantation Bhd , Bursa Malaysia , Tech Padu Bhd , Malaysian Immigration System , Immigration Department , Datuk Seri Mohamed Shazalli Ramly , Izaddeen Daud , Glove Corp Bhd , Tan Sri Dr Lim Wee Chai ,

NIIS seen as game changer for Iris

IRIS Corp Bhd has snagged the much sought after contract for the RM1.16 billion National Integrated Immigration System (NIIS).
The contract, which has a tenure of 4½ years or 54 months, is likely to be a game changer for the company.
In a brief conversation with The Edge, CEO Shaiful Subhan clarified earlier speculation that the contract would be awarded to a consortium.
“It (the award) is just to us, Iris, but of course, we will have subcontractors and we are open to partnerships,” he says.
Shaiful was tight-lipped on the contract’s impact on Iris’ bottom line, saying only that, “It’s decent, we are still working on it”. Market talk, however, has it that the contract will mean margins of at least double digits for the company. ....

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