Mestron Holdings Bhd (MHB) posted a net profit of RM4.01 million for the second quarter (Q2) that ended December 31, 2023 (FY23), almost twice the RM2.02 million recorded in the same period last year. (NST)
Sunway Real Estate Invetment Trust (SunREIT) is expected to sustain its earnings trend over the remainder of the year as its business operations return close to pre-pandemic levels. (TheStar)
Kerjaya Prospek Group Bhd said it is positive over its recent earnings results, which indicate a gradual return to pre-pandemic levels. (TheStar)
Dayang Enterprise Holdings Bhd is expected to record a healthy profit for its second quarter ended June 30, 2023 (2Q23), despite registering a net loss in the previous quarter.(NST)
CJ Century Logistics Bhd's core profit after tax, amortisation and minority interest (Patami) of RM7.3 million in the first half ended June 30 2024 has fallen short of projections. (NST)
Yinson Holdings Bhd is collaborating with global investment firm RRJ Capital to jointly develop energy infrastructure and technology projects globally. (TheStar)
Pekat Group Bhd’s wholly owned subsidiary, Pekat Teknologi Sdn Bhd (PTSB), has been selected for the development of a 29.99-megawatt solar power plant project under the corporate green power programme (CGPP) conducted by the Energy Commission. (TheStar)
Awanbiru Technology Bhd's (Awantec) bid to assure investors that it is working towards addressing Bursa Malaysia Securities Bhd's queries to the company, failed to assuage investors concerns leading to its share price falling as much as 58.75 per cent today. (NST)
CelcomDigi Bhd says it is pushing ahead with network integration and modernisation initiatives as it announced a positive set of results for the second quarter of its financial year. (TheStar)
Affin Hwang Capital has walked away from a recent virtual meeting with Tenaga Nasional Bhd (TNB) feeling reassured about its business prospects under the New Energy Transition Roadmap (NETR). (NST)
Analysts remain positive about TIME Dotcom Bhd’s core business as the telecommunications service provider continues to pursue growth this year. (TheStar)
icapital.biz Bhd (ICAP) will introduce an innovative dividend policy to ensure that the gap between the fund's share price and net asset value (NAV) will consistently be auto-remediated. (NST)
Inta Bina Group Bhd’s latest contract win is expected to generate RM10.3mil in net earnings throughout the construction period. (TheStar)
CGS-CIMB Securities has maintained its “add” rating on Dialog Group Bhd at RM2.21 with an unchanged target price (TP) of RM2.70 and said it expects Dialog’s quarterly results in the current financial year 2023 (FY2024) to perform better than in FY2023 for several reasons. (TheEdge)
RHB Research has lifted its target price for Magnum Bhd to RM1.19 from RM1.04 previously after the number forecast operator’s (NFO) second quarterly results met expectations. (TheEdge)
Homegrown furniture and home living products retailer SSF Home Group Bhd has inked an underwriting agreement with M&A Securities Sdn Bhd, for its initial public offering (IPO) and intended listing on the ACE Market of Bursa Malaysia.
Source: New Straits Times, The Edge Markets, The Star 17 August 2023
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