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Analysts have cut their earnings forecasts for Top Glove Corp Bhd after factoring in lower average selling prices (ASPs) moving forward. In a note today, MIDF Research said it was cutting its earnings estimates by 14.9% for the group’s financial year ending Aug 31, 2021 (FY21) and by 30.9% for FY22. ....
IJM Corp Bhd is expected to pay shareholders a special dividend from proceeds of the group's planned sale of its 56.2% stake in IJM Plantations Bhd to Kuala Lumpur Kepong Bhd for RM1.53 billion or RM3.10 per share, according to analysts including those from Maybank Investment Bank Bhd and Hong Leong Investment Bank Bhd. ....
Danajamin Nasional Bhd has guaranteed the C Islamic medium-term notes of up to RM170mil by AC First Genesis Bhd (AFGB) which will be used to acquire the Aman Central Mall in Kedah from Great Realty Sdn Bhd. ....
British American Tobacco (Malaysia) Bhd (BAT Malaysia)’s share price dropped today despite a 24.32% year-on-year (y-o-y) increase in net profit to RM63.11 million in the first quarter ended March 31, 2021 (1QFY21), and declaring a dividend of 21 sen. ....
Steel steals the limelight thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.