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Media Prima overlooked as potential beneficiary of Disney+ Hotstar's entry, says CGS-CIMB

KUALA LUMPUR (May 5): Media Prima Bhd has been overlooked by the market as the potential beneficiary of Disney+ Hotstar’s entry into Malaysia, according to a local research house.
In a note today, CGS-CIMB Research said much of the local content that will be added to the subscription video-on-demand (SVOD) service’s library is produced by Media Prima’s Primeworks Studios.
“We suspect these programmes and movies have been fully amortised since they are mostly dated content. Thus, most of the amount that Disney pays to Media Prima for the content should theoretically trickle down to the latter’s bottom line,” said its analysts Kamarul Anwar and Mohd Shanaz Noor Azam. ....

Kuala Lumpur , Mohd Shanaz Noor Azam , Kamarul Anwar , Walt Disney Company , Hong Leong Investment Bank , Astro Holdings Bhd , Media Prima Bhd , Media Prima , Mohd Shanaz Noor , Movie Pack , Walt Disney , குவாலா லம்பூர் , மொஹட் ஷனாஜ் நூர் அஸாம் , வால்ட் டிஸ்னி நிறுவனம் , ஹாங் லியோங் முதலீடு வங்கி , ஆஸ்ட்ரோ ஹோல்டிங்ஸ் ப்ட் , மீடியா ப்ரீம ப்ட் , மீடியா ப்ரீம , மொஹட் ஷனாஜ் நூர் , திரைப்படம் ப்யாக் , வால்ட் டிஸ்னி ,

UMW a potential beneficiary from ECRL re-alignment, says CIMB-CGS Research

KUALA LUMPUR (April 19): CGS-CIMB Research has maintained its add rating on UMW Holdings Bhd at RM3.27 with an unchanged target price (TP) of RM4.20 and said the automotive and engineering group stands to benefit from the proposed re-alignment of the East Coast Rail Link (ECRL) Section C towards the northern route via Gombak and Serendah as it has over 700 acres of landbank assets at the Serendah High Value Manufacturing (HVM) Park.
In a note last Friday, CGS-CIMB analyst Mohd Shanaz Noor Azam said UMW Holdings has circa 732.4 acres of vacant land in Serendah HVM Park, with an estimated net book value of RM73 million or RM2.30/sq ft. ....

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Kia to surpass Mazda sales in 5 years under Bermaz – Carnival CKD to start in Q4 2021, Seltos in Q2 2022?

Kia to surpass Mazda sales in 5 years under Bermaz – Carnival CKD to start in Q4 2021, Seltos in Q2 2022?
5 April 2021 5:20 pm / 0 comments
Bermaz has had plenty of success as the steward of the Mazda brand in Malaysia, but its recent acquisition of the Kia franchise is poised to take the company to the next level. According to two local research houses, the Korean brand has more potential to grow compared to the plucky Japanese carmaker, as stated in a
In its article, CGS-CIMB stated that while it only expected 2,000 units of sales next year, that figure is set to almost quadruple to 7,000 units by 2023. Meanwhile, MIDF Research expects Kia to surpass Mazda in terms of sales volume of between 10,000 to 12,000 units per annum within the next four to five years. ....

Republic Of , Mohd Shanaz Noor Azam , Mohd Shanaz , Naza Kia , Kia Seltos , Bermaz Inokom , Hafriz Hezry , New Straits Times , Kia Malaysia , Dinamikjaya Motors , குடியரசு ஆஃப் , மொஹட் ஷனாஜ் நூர் அஸாம் , மொஹட் ஷனாஜ் , புதியது நீரிணை முறை , கைய மலேசியா ,

CGS-CIMB positive on DRB-Hicom as Proton transformation shifts into higher gear

CGS-CIMB remained positive on DRB-Hicom Bhd’s outlook as the transformation of its 50.1%-owned subsidiary Proton Holdings Bhd is gaining momentum. CGS-CIMB’s analyst Mohd Shanaz Noor Azam said in a note today, after joining DRB-Hicom’s post-results conference call, he is excited to learn that Proton is focusing on active product lifecycle management as it plans to introduce six to seven models based on new technology integration and joint-development programmes over next seven years as part of its mid-term strategy. ....

Kuala Lumpur , Tanjung Malim , Mohd Shanaz Noor Azam , Drb Hicom Bhd , Mohd Shanaz , Malaysian Automotive Association , Proton Holdings Bhd , Hicom Bhd , Southeast Asia , குவாலா லம்பூர் , மொஹட் ஷனாஜ் நூர் அஸாம் , மொஹட் ஷனாஜ் , மலேசியன் தானியங்கி சங்கம் , ப்ரோடாந் ஹோல்டிங்ஸ் ப்ட் , தென்கிழக்கு ஆசியா ,

Awantec looking forward to brighter future with Google Cloud partnership

AWANBIRU Technology Bhd, previously known as Prestariang Bhd, is looking forward to a brighter future after going through a storm over the last two years with the loss of the much-coveted Sistem Kawalan Imigresen Nasional (SKIN) contract in late 2018.
Now, the technology and talent development group has found itself a new avenue of growth through its partnership with Google Cloud to provide cloud-based data services to Malaysia’s public sector agencies.
In an exclusive interview with The Edge last week, Awantec president and group CEO Dr Abu Hasan Ismail says the partnership with Google Cloud is a step forward for the group from its previous arrangement with Microsoft. ....

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