APB Resources Bhd is acquiring a 10.41 per cent interest in Globetronics Technology Bhd, for RM140.0 million, a move which will make it the group's second largest shareholder in Globetronics. (NST)

Scientex Bhd’s property segment is expected to remain robust, supported by the stabilised overnight policy rate and escalating housing demand in city areas. (TheStar)

A blistering rally in YTL Power International Bhd this year has scope to continue as better performance from its overseas assets brightens the earnings outlook for the Malaysian power producer. (TheEdge)

Ranhill Utilities Bhd’s latest non-revenue water (NRW) contract in Johor is set to expand the group’s services division’s order book by over 40% to RM940mil. (TheStar)

Eco World Development Group Bhd’s (EcoWorld Malaysia) results for the financial year ended Oct 31, 2023 (FY23) beat analyst expectations, as the developer surpassed its sales target of RM3.5bil, with RM3.6bil achieved. (TheStar)

Rakuten Trade has a fair value of 48 sen for Critical Holdings Bhd (CHB),  which debuts on the ACE market today, a 37 per cent premium to its initial public offering of 35 sen. (NST)

Yinson Holdings Bhd’s near-term outlook remains promising, following the commissioning of its Indian solar power plant. (TheStar)

Source: New Straits Times, The Edge Markets The Star 18 December 2023

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