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Sime Darby Property Beats Expectations, Analysts Raises TP
Maybank Investment Bank (Maybank IB) said, today (Feb 26), Sime Darby Property’s (SIMEPROP) 4Q23 core net profit of MYR149m was above expectations. FY23 locked-in sales of MYR3.3b were above management...
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T7 Records All Time High Profits For FY23
T7 Global Berhad announced it financial results for Q4 and full year, as for the quarter under review revenue increased 49.5% to RM250.8 million as compared to Q4FYE2022. The profit before tax and...
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Increase Philosophy Literacy In Malaysia
By: Pravin Periasamy, Networking and Partnership Director at Malaysia Philosophy Society The study of philosophy has had a profound influence on academic institutions across the world for thousands of...
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Cahya Mata Sarawak 4Q23 Results A Positive Surprise, Maybank IB Maintains...
Cahya Mata Sarawak’s (CMS) results positively surprised on strong cement earnings. Maybank Investment Bank (Maybank IB) said today (Feb 27) that CMS’ FY23 core net profit (CNP) was 14% above estimates,...
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Malaysia’s Import Sector Surges: Analysis Reveals Robust Growth Across...
Malaysia’s import sector in January 2024 displayed notable dynamics across various categories, shedding light on the nation’s economic activities and consumption patterns. Analysis of import...
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Cambodia’s New Regional And Malaysian Strategy
By Collins Chong Yew Keat, Foreign Affairs and Security Strategist, Universiti Malaya Cambodian Prime Minister Hun Manet’s visit to Malaysia today is part of a larger strategic overture, including his...
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Resorts World Genting Closes Two Iconic Gaming Zones
Resorts World Genting closes the Circus Palace and Hollywood gaming zones, paving the way for a modernised gaming experience at the SkyCasino. The gaming group posted the announcement on the Resorts...
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Velesto’s 4Q23 Results Sees Strongest Quarter In 9 Years, Maybank IB Says Buy
Velesto Energy Berhad (Velesto) 4Q23 results was a major beat relative to Maybank IB’s results preview on Jan 15 Maybank Investment Bank Berhad (Maybank IB) raised their FY24-25E earnings forecast by...
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Capital A Eyes Brand Management Unit’s Listing On Nasdaq
Capital A Bhd, the parent company of budget airline AirAsia, on Wednesday said it has finalised a US$1.15 billion deal to list its brand management unit on the Nasdaq via a merger with a SPAC called...
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Restoring The Past For Our Future
By: Tan Hou An, final year building surveying student at the Faculty of Built Environment, Universiti Malaya I remembered reading Oliver Twist when I was young, and imagining how hard life must be in...
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Bridge Data Centre Expands With Third Hyperscale Data Centre In Cyberjaya
Bridge Data Centres (BDC) has expanded its operations with the acquisition of new land in Selangor for the development of its third data centre, MY02, in Cyberjaya, Malaysia. This expansion, in...
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CelcomDigi Rolls Out New Prepaid Plans To Capitalise On Its 5G Network
CelcomDigi Berhad (CelcomDigi) revealed its latest offering, the CelcomDigi Prepaid 5G plans, designed to leverage its expansive 5G network and provide seamless connectivity to more customers across...
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PM To Drop Corrupted MPs From Cabinet
Prime Minister Datuk Seri Anwar Ibrahim has declared that any member of his Cabinet found involved in corrupt practices will be promptly dismissed from their positions to safeguard the nation’s...
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Govt Prioritises Technology To Strengthen Integrity And Anti-Corruption...
Deputy Prime Minister Datuk Seri Fadillah Yusof reaffirmed the government commitment to leveraging technology to bolster integrity, good governance, and anti-corruption measures. He highlighted the...
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Affin Paving For The Long Drive Ahead, Kenanga Makes Underperform Call
AFFIN Bank Berhad’s (AFFIN) FY23 results and dividends disappointed expectations from income-related challenges. Kenanga Investment Bank (Kenanga) in a note today (Mac 1) said the group believes it is...
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MTDC, MDEC Ink MoU To Boost Digitalisation In Halal Industry
The Malaysian Technology Development Corporation (MTDC) and Malaysia Digital Economy Corporation (MDEC) have signed an agreement aimed at fostering the growth of homegrown technology and digital...
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Fertility Care Company Aims To Raise RM466.5 Million From Ace Market
Fertility care specialist, Alpha IVF Group Berhad and its subsidiaries aim to raise RM466.5 million from its Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad. The IPO...
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YNH Property Infuses Young Blood To The Board
YNH Property has appointed 30 year old Ms. Lee Zhi Yan (“Ms Elsha”) as its new independent non executive director effective 1 March 2024 who is relatively new in the property industry. She began her...
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RM225 Million Allocation For Price Standardisation Programme For Controlled...
The Government has greenlit an RM225 million budget for the Price Standardisation Programme for Controlled Goods and Essential Goods (PoS to PoS) for the current year, announced Domestic Trade and Cost...
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Data Centres To Drive Electricity Demand For Tenaga Nasional
Tenaga Nasional Berhad (TENAGA) is guided for electricity demand growth of 2.5%-3.0% in FY24, higher than the 1.7% embedded in Incentive-Based Regulation (IBR), underpinned largely by new data...
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