DXN Holdings Bhd and European Wellness Biomedical Group (EW Group) have collaborated to create a wellness centre that draws on both parties' expertise and experience. (NST)
Maxis Bhd delivered stable revenue growth in the third quarter ended Sept 30, 2023 underpinned by its core consumer and enterprise lines of business. (NST)
UEM Sunrise Bhd has collaborated with Affin Bank Bhd through their latest mortgage acquisition programme called 'Affinita’ to empower women and promote homeownership amongst them. (TheStar)
Mi Technovation Bhd is poised to see a strong pick up in the final quarter on the back of stronger contribution from both semiconductor equipment business unit (SEBU) and semiconductor solutions business unit (SSBU). (NST)
Fraser & Neave Holdings Bhd (F&N) will soon be able to export milk from Malaysia once the first phase of its RM1.3bil dairy farm in Gemas, Negri Sembilan, is ready. (TheStar)
The Armed Forces Fund Board (LTAT) has launched an unconditional takeover offer for all the remaining shares not held by it in Boustead Plantations Bhd (BPlant) for RM1.55 each.
Kenanga Research is upbeat about the prospects of local oil and gas service and equipment firm Uzma Bhd after concluding a two-day visit to the group’s Labuan yards. (TheStar)
MIDF Research has downgraded Swift Haulage Bhd to "neutral" from "buy", with a lower target price (TP) of 52 sen from 65 sen previously, after a recent share price rally, while being cautious about the group’s rising expansion eating into its margins. (TheEdge)
AME Real Estate Investment Trust (AME-REIT) will likely deliver commendable results in the financial year 2024 (FY24) even as its occupancy rate is maintained at 100%, according to Hong Leong Investment Bank Research (HLIB Research). (TheStar)
Kenanga Research upgraded its call on Westports Holdings Bhd to "outperform" from "market perform", with a higher target price (TP) of RM3.80 from RM3.65 previously, after the group beat market expectations in its financial results for the cumulative nine months ended Sept 30, 2023 (9MFY2023). (TheEdge)
CGS-CIMB has reiterated its "overweight" call on the utilities sector, with Tenaga Nasional Bhd (TNB) and Malakoff Corp Bhd as its top picks, after the Energy Commission (EC) announced the second batch of winners of the Corporate Green Power Programme (CGPP) on Wednesday (Nov 8). (TheEdge)
Source: New Straits Times, The Edge Markets The Star 10 November 2023
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