Devan

brahmalvasudevan | Joined since 2020-04-09

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2022-01-03 11:45 | Report Abuse

reload power

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2021-12-22 17:04 | Report Abuse

power up...

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2021-12-02 10:13 | Report Abuse

what happen drop...

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2021-02-15 09:53 | Report Abuse

ESG investing

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2021-02-15 09:51 | Report Abuse

solar is ESG Criteria

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2021-02-10 10:38 | Report Abuse

today FP group took profit celebration chinese new year eve

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2020-07-22 08:18 | Report Abuse

Korea equipment spending is projected to grow 30% in 2021, powered by the memory investment recovery. Most other regions tracked will also see growth in 2020 or 2021

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2020-07-22 08:18 | Report Abuse

It also expects South Korea to rank third in semiconductor equipment investments in 2020 by outstripping its 2019 level, making it the third top spender in 2020

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2020-07-22 08:17 | Report Abuse

As for Taiwan, after seeing 68% growth of equipment spending in 2019, SEMI expects the country to contract this year but bounce back with 10% growth in 2021, with the region maintaining the second spot in equipment investments.

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2020-07-22 08:17 | Report Abuse

Robust spending in China in the foundry and memory sectors is expected to vault the region to the top in total semiconductor equipment spending in 2020 and 2021

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2020-07-22 08:17 | Report Abuse

In terms of region, SEMI said China, Taiwan and South Korea are expected to lead the pack in spending in 2020.

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2020-07-22 08:17 | Report Abuse

It also said the semiconductor test equipment market is expected to increase 13%, reaching US$5.7 billion in 2020, and to continue the growth momentum in 2021 on the back of 5G demand

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2020-07-22 08:16 | Report Abuse

SEMI expects the assembly and packaging equipment segment to grow 10% to US$3.2 billion in 2020 and 8% to US$3.4 billion in 2021, driven by advanced packaging capacity build-up

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2020-07-22 08:16 | Report Abuse

Both DRAM and NAND spending in 2020 will surpass 2019 level and is projected to grow over 20%, respectively, in 2021,

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2020-07-22 08:13 | Report Abuse

It also said foundry and logic spending, accounting for about half of total wafer fab equipment sales, will see single-digit increases in 2020 and 2021.

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2020-07-22 08:13 | Report Abuse

Specifically, SEMI expects the wafer fab equipment segment to rise 5% in 2020 followed by 13% growth in 2021 driven by a memory spending recovery and investments in leading edge and China.

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2020-07-22 08:13 | Report Abuse

In releasing its mid-year total semiconductor equipment forecast at the annual SEMICON West exposition event, SEMI said chip manufacturing equipment are expected to increase by 6% to US$63.2 billion in 2020 from US$59.6 billion in 2019, before logging a record high in 2021

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2020-07-22 08:12 | Report Abuse

Global sales of semiconductor manufacturing equipment by original equipment manufacturers are projected to log a record high revenue of US$70 billion in 2021 on the strength of double-digit growth, said the US-based Semiconductor Equipment & Materials International (SEMI).

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2020-07-08 08:53 | Report Abuse

Key downside risks are a rising unemployment rate and increased defaults.

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2020-07-08 08:53 | Report Abuse

On a more positive note, the research firm said AEON Credit had stepped up collection initiatives from delinquent borrowers after the moratorium period (April to May 2020) came to an end

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2020-07-08 08:52 | Report Abuse

for FY22E, we raise our earnings forecast by 6.3% as we account for a lower net credit cost of 304bps (from 334bps). We expect AEON Credit’s gross non-performing loan ratio to ease from a projected 2.3% in FY21E to 1.9% in FY22E,

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2020-07-08 08:52 | Report Abuse

tweaked receivables growth to -3.6% y-o-y for FY21E from -4% due to a positive growth of 1.2% q-o-q in 1QFY21.

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2020-07-08 08:52 | Report Abuse

research firm revised down its FY21 net earnings forecast for AEON Credit by 14% as it adjusted net credit cost higher to 412 basis points (bps), from 353bps, and simultaneously revised up interest expense by 20% owing to an increased debt level

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2020-07-08 08:52 | Report Abuse

net credit cost in FY21 is expected to remain elevated as we expect a potential rise in AEON Credit’s gross non-performing loan (NPL) level,

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2020-07-08 08:52 | Report Abuse

recent discussion with management on the outlook for 2QFY21, we learnt that credit collection initiatives post the moratorium period in April-May 2020 had yielded better results.

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2020-07-08 08:52 | Report Abuse

The research house said AEON Credit reported poor results for the first quarter ended May 31, 2020 (1QFY21), with net profit declining by 68.5% year-on-year (y-o-y) and 67.2% quarter-on-quarter (q-o-q), largely due to a higher impairment loss on receivables

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2020-07-08 08:51 | Report Abuse

remain upbeat on AEON Credit given its value-chain transformation initiatives, new products and market diversification through its B2C2B (business-to-consumer-to-business) model, which are game changers in this digital age in reaching out to more customers,

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2020-07-08 08:51 | Report Abuse

Affin Hwang Capital Research has reaffirmed its "buy" call for AEON Credit Service (M) Bhd at RM9.51, with a higher target price (TP) of RM12.70 (from RM12.30), based on an unchanged price/earnings (P/E) target of 13 times estimated calendar year 2021 (CY21E) earnings per share of 97.9 sen

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2020-07-08 08:50 | Report Abuse

Launched in 2012, Bukit Banyan is Paramount's third township development in Kedah. With the additional 137.1 acres, the development will span a total of 657.1 acres

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2020-07-08 08:50 | Report Abuse

With the acquisition of the 137.1 acres, the township will have 315.1 acres to be developed from now until 2030. Chew said Paramount expects a GDV of RM400 million from both residential and commercial properties to be built after the conversion of the land status

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2020-07-08 08:49 | Report Abuse

As at March 31, Bukit Banyan had 178 acres of undeveloped land and a remaining potential gross development value (GDV) of RM498 million

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2020-07-08 08:49 | Report Abuse

Paramount group chief executive officer (CEO) Jeffrey Chew said its subsidiary Paramount Property (Utara) Sdn Bhd had entered into a sales and purchase agreement with BDB Land Sdn Bhd, a subsidiary of Bina Darulaman Bhd, yesterday to buy two parcels of land (62.6 and 74.5 acres respectively) for a total consideration of RM24 million

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2020-07-08 08:49 | Report Abuse

Paramount Corp Bhd purchased 137.1 acres (55.48ha) of freehold agriculture land to expand its existing 520-acre Bukit Banyan township in Sungai Petani, Kedah

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2020-07-08 08:49 | Report Abuse

Paramount purchases land to expand Bukit Banyan township

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2020-07-08 08:48 | Report Abuse

While noting that Malaysia has demonstrated its resilience in managing various challenges in the past, he gave the assurance that the government will continue to ensure that the nation's financial and investment ecosystems are well prepared to face short- and medium-term eventualities in order to secure Malaysia's economic resilience and sustainability.
The OPR, which is now lowered to 1.75%, is now at a record low since the floor was set in 2004

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2020-07-08 08:47 | Report Abuse

the stimulus packages, which totalled RM295 billion, have benefitted around 800,000 businesses and saved an estimated 2.6 million jobs. "The coming three to six months are crucial to the successful implementation of PENJANA initiatives which are expected to show results by the third or fourth quarter of 2020

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2020-07-08 08:47 | Report Abuse

The decision to reduce the OPR is aimed at accelerating the rate of recovery and further stimulating the country's economy. The government believes that this move, combined with proactive measures deployed since March 2020 under the PRIHATIN and PRIHATIN SME+ economic stimulus packages, and more recently the National Economic Recovery Plan (PENJANA), will be able to regenerate the economy by creating jobs, restoring consumer and investor confidence, as well as containing the likelihood of a sharp economic contraction

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2020-07-08 08:47 | Report Abuse

Bank Negara Malaysia's (BNM) decision to cut the overnight policy rate (OPR) by 25 basis points (bps) to 1.75% today is driven by global economic conditions that are in the early stages of recovery, said Finance Minister Tengku Datuk Seri Zafrul Aziz.

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2020-07-08 08:45 | Report Abuse

ARB MD Yeo Wang Seng and son Gee Kuan resign

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2020-07-07 22:33 | Report Abuse

Lee's spouse, Gan Siew Liat, who is KNM's executive director, will be designated as vice-chairman of the company. Lee holds a 2.62% direct stake and a 6.54% indirect stake in KNM

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2020-07-07 22:32 | Report Abuse

will hand over both positions to the group's incumbent chief financial officer (CFO) Tan Koon Ping. Wong Toh Sing will take over as group CFO.

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2020-07-07 22:31 | Report Abuse

KNM Group Bhd founder Lee Swee Eng, aged 64, is retiring. He will relinquish his posts as group chief executive officer (CEO) and executive director on Thursday (July 9).

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2020-07-07 22:30 | Report Abuse

The central bank has made four rate cuts this year, bringing down the OPR by 125 bps.

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2020-07-07 22:30 | Report Abuse

In line with the revision, RHB Bank’s fixed deposit rates will also be revised downwards by 25 basis points effective July 13

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2020-07-07 22:29 | Report Abuse

RHB Bank Bhd, RHB Islamic Bhd and RHB Investment Bank Bhd will cut their BR to 2.50% per annum, from 2.75% at present.

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2020-07-07 22:29 | Report Abuse

RHB Bank Bhd will be revising its base rate (BR) and base lending rate (BLR) downwards by 25 basis points (bps) effective July 13, following today’s cut in in the Overnight Policy Rate (OPR)

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2020-07-07 22:28 | Report Abuse

The original cost of investment in CSE Global was RM170.57 million in April 2018
Serba Dinamik is divesting its 25.2% entire equity interest in Singapore-listed CSE Global Ltd for S$57.67 million

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2020-07-07 22:27 | Report Abuse

The proceeds arising from the disposal can be deployed into other ventures which will create further value enhancement to Serba Dinamik group

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2020-07-07 22:27 | Report Abuse

Serba Dinamik said it had acquired the stake to leverage on CSE Global’s presence and its client base in the oil and gas industry, as well as to strengthen the group’s IT segment.
The disposal is timely, as our initial objectives have been met where Serba Dinamik group has achieved the relevant financial targets and international presence.

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2020-07-07 22:24 | Report Abuse

ViTrox shares hit record high as investors chase tech stocks