Rating agencies are notoriously useless. I do not believe in rating agencies but a lot of people do, or else they would be out of business.
Due to this reason, we decided to bring Uni Wall APS to another level and have it listed on the LEAP Market of Bursa Malaysia for fund raising in order to enhance our production capacity and working capital.
It is all about confidence. If you have confidence in it, the price goes up. Once you doubt, the price goes down. There are no fundamentals involved and you have to think of the nature of the product.
The United Kingdom, Japan, Europe and other developed countries which grew by about one to two per cent last year, are also expected to have moderate growth this year.
KUALA LUMPUR, Jan 15 (Bernama) -- Kayin Holdings Sdn Bhd has revised its proposed selective capital reduction and repayment (SCR) offer price to RM6.30 from RM6 for each Selangor Properties Bhd (SPB) share to privatise the company.
KUALA LUMPUR, Jan 15 (Bernama) -- CIMB Thai Bank PCL's (CIMB Thai) consolidated net profit for the financial year results ended Dec 31, 2018 (FY2018) decreased 98.2 per cent or 378 million baht year-on-year (y-o-y) to 6.9 million baht (100 baht=RM12.84).
According to Tourism Malaysia, Malaysia recorded a 34.2 per cent increase in Chinese tourists and 10.4 per cent growth in Indian tourists from Jan to Sept 2018 compared with the same period in 2017.