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Hartalega, HB Global, Dufu Technology, HPP, Kanger, BLand and BFood


KUALA LUMPUR (Aug 3): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Wednesday Aug 4) include: Hartalega Holdings Bhd, HB Global Ltd, Dufu Technology Corp Bhd, HPP Holdings Bhd, Kanger International Bhd, Berjaya Land Bhd (BLand) and Berjaya Food Bhd (BFood).
Hartalega Holdings Bhd saw its net profit double to RM2.26 billion for the first quarter ended June 30, 2021 (1QFY22), from RM1.12 billion in the preceding quarter (4QFY21). Revenue expanded 69% to RM3.9 billion from RM2.3 billion in the preceding quarter. The group proposed a final dividend of 19.75 sen per share, the highest payout for the financial year ended March 31, 2021 (FY21). This brings total dividend per share to 50.95 sen for FY21. On a year-on-year basis, Hartalega’s net profit soared by 928% from RM219.72 million a year earlier, with revenue swelling 324% from RM920.09 million. ....

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HB Global acquires 5G fibre optic company with RM1.1b project value | Daily Express Online

China-based food processing and duck farming company HB Global Ltd has acquired 5G fibre optic cable company, Forward Resources and Construction Sdn Bhd (FRC) with RM1.1 billion project value. 
In a statement Thursday, the group said the acquisition comes with a profit guarantee of RM20 million for two cumulative financial years. It has also proposed to diversify into the business of construction and engineering solution services. 
Following the acquisition of 60 per cent stake in FRC for RM66 million, the group said FRC is expected to contribute over 25 per cent of the net profit, going forward ....

Kuala Lumpur , Ping Wei , Telekom Malaysia , Hb Global Ltd , Forward Resources , Construction Sdn Bhd , Lee Ping , குவாலா லம்பூர் , பிங் வெய் , டெலிகாம் மலேசியா , ஹ்ப் உலகளாவிய லிமிடெட் , கட்டுமானம் ஸ்டன் ப்ட் , லீ பிங் ,