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JS-SEZ: The New Chapter Of Iskandar Malaysia
RHB Investment Bank (RHB) said today (May 13) they are upbeat with the recent news on the location of the Johor-Singapore Special Economic Zone (JS-SEZ), which will involve Iskandar Malaysia (IM) and...
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Small-Mid Cap Arena: Poised For A Higher High?
Market remains steadfast. Despite the robust performance, market valuation remains near the historical mean. RHB Investment Bank (RHB), in its Malaysia Strategy note today (May 13), said they believe...
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MDEC-Trained Selangor Entrepreneurs Generate Over RM309 Million In Sales
A total of 103,858 entrepreneurs from Selangor were trained through the eUsahawan program under the auspices of the Malaysia Digital Economy Corporation (MDEC), generating accumulated sales of over...
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Stable Labour Market In 2024 Led By Service Sector
The unemployment rate remained unchanged in March, for the fifth straight month, matching pre pandemic level. Unemployment figures fell 0.1% MoM: extending its 32-month trend of sustained decline. In...
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Genting SG 1Q Earnings Hits 10-year High, Gets Buy Call With 30% Upside
After a lackluster 4Q23, Genting Singapore’s 1Q24 results beat Maybank IB’s and consensus expectations albeit on higher-than-expected VIP win rate benefitting from the en masse return of Chinese...
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Malaysia Secures RM700 Million In Exports During Anwar’s Qatar Visit
The Ministry of Investment, Trade & Industry (MITI) has successfully secured RM700 million in Malaysian exports and services during Prime Minister Datuk Sri Anwar Ibrahim’s brief official working...
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MGB’s Gaining Stronger Ground
RHB Investment Bank (RHB), in its Malaysia Results Review note today (May 14), said they expect MGB Berhad’s (MGB) 1Q24 core profit to rise 18-28% YoY(+5-12% QoQ), potentially reaching MYR14-15m (1Q23...
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IPO: Farm Price Debuts On ACE Market With 100% Premium At 48 Sen
Farm Price Holdings Bhd (KL:FPHB) opening shares surged 100% in its trading debut on Bursa Malasia’s Ace Market today (May 14) after the company’s initial public offering (IPO) raised RM24.48 million....
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Mi Tech Possibly On Path To Business Equipment Revenue Rebound After 1Q24...
Mi Technovation Berhad (Mi Tech) has seen a decent start to 1Q24 following its 68% appreciation over the past 12 months. Mi Tech’s current valuation is already at a 25% premium over its pre-Covid mean....
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Petronas Reports Malaysia LNG Operations Affected By Power Loss Incident
Petronas has informed that its wholly owned operations, Malaysia LNG Group of Companies experienced a power loss at around 11:30 p.m. on 10 May 2024, at the Petronas LNG Complex (PLC) in Bintulu,...
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IPO: Sin-Kung Sees No Movement To 13 Sen Share Price On Debut (Updated)
Sin-Kung Logistics Bhd made a flat debut on the ACE Market of Bursa Malaysia at 13 sen today (May 15). Its muted debut saw a volume of 26.36 million shares traded. The counter then climbed to a high of...
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Technology – A Net Positive From U.S. Tariffs Hike
The U.S. plans to increase the tariff rate from 25% to 50% by 2025 on semiconductor imports from China. RHB Investment Bank (RHB) anticipate minimal to no impact on their local companies due to the...
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Telstra International – Lautan Variasi To Deliver New Satellite Solutions In...
Telstra International and Lautan Variasi Sdn Bhd, Malaysia, are collaborating to set up satellite teleport facilities in Cyberjaya, Malaysia, offering geostationary (GEO) satellite services to help...
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US Tariff Hike On China Goods Unlikely To Boost Rubber Gloves Exports For Now
The President of Malaysian Rubber Glove Manufacturing Association Oon Kim Hung said the recent announcement by the United States Statement on tariff hike on China goods will not have much impact on the...
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MIDF Positive On Property Sector Rising With Declining Overhang
Data released by Bank Negara Malaysia (BNM) revealed total loan application for purchase of property increased to RM52.1b (+30.6%mom) in March due to low base in February. Recall, February saw a...
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MAHB Investors Should Accept Privatisation Offer As It’s Higher Than Fair...
Khazanah (33.24% stake) and the EPF (7.86% stake) are spearheading a consortium called the Gateway Development Alliance Sdn Bhd (GDA) to privatise Malaysia Airports Holdings Berhad (MAHB). Other...
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OGSE Sector Must Pivot Towards Newfound Opportunities In Energy Transition,...
A progressive regulatory framework for Carbon Capture, Utilisation and Storage (CCUS) activities will be tabled in Parliament and the Cabinet next week to result in sound policies by the end of the...
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Court Allows Wind Up Petition Against Universal Cable and Leader Cable
Sarawak Cable Behad has informed Bursa today that the court had allowed the wind up petition filed by OCBC Bank against Universal Cable and Leader Cable. The case was filed back in October 2023 and...
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IPO: Smart Asia Chemical Stock Oversubscribed By 33.8 Times
Smart Asia Chemical Bhd IPO exercise has seen it shares being has been oversubscribed by 33.8 times. Set to be listed on the ACE Market of Bursa Malaysia on May 28, its initial public offering (IPO)...
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Sunway REIT Sees Soft Patch Caused By Steeper Marketing, Finance Costs In 1QFY24
Sunway REIT’s (SUNREIT) 1QFY24 results met expectations with its 1QFY24 core net profit declining 10% YoY following an asset disposal coupled with higher marketing expenses. Kenanga Investment Bank...
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