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Analysts Expect Maxis To Continue Positive Momentum

KUALA LUMPUR, Nov 11 (Bernama) -- Maxis Bhd’s earnings performance is commendable despite the rather saturated market view with regards to competitive pricing, quota and speed offerings, said MIDF Amanah Investment Bank Bhd.

Alliance Bank Expected To Continue Robust Loan Growth, Stable NIMs In 2Q FY2025 - Maybank IB

KUALA LUMPUR, Nov 11 (Bernama) -- Alliance Bank Malaysia Bhd is expected to continue its robust loan growth and stable net interest margin (NIMs) in the second quarter of financial year 2025 (2Q FY2025), said Maybank Investment Bank Bhd (Maybank IB).

Maxis 3Q Net Profit Rises 27.5 Pct To RM366 Mln, Declares 4 Sen Dividend

KUALA LUMPUR, Nov 8 (Bernama) -- Maxis Bhd’s net profit surged 27.5 per cent to RM366 million for the third quarter ended Sept 30, 2024 (3Q 2024) from RM287 million in the same period last year, driven by both higher service revenue as well as prudent cost management.

Gagasan Nadi Cergas To Acquire Student Hostel Asset Management For RM185 Mln

KUALA LUMPUR, Nov 5 (Bernama) -- Gagasan Nadi Cergas Bhd has proposed the strategic acquisition of a student hostel asset management concession valued at RM185 million.

Bintai Kinden's Unit Bags RM61.22 Mln Construction Job In Melaka

KUALA LUMPUR, Nov 4 (Bernama) -- Bintai Kinden Corporation Bhd's wholly owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has secured a RM61.22 million construction contract from N&T Asset Sdn Bhd.

Public-listed Companies Show Progress In Adopting MCCG Best Practices -- SC

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysian public-listed companies (PLCs) showed progress in adopting the Malaysian Code on Corporate Governance (MCCG), according to the Securities Commission Malaysia’s (SC) Corporate Governance Monitor (CG Monitor) 2024.

Khazanah, PNB Clarify Their Divestment From FashionValet

KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.

Gamuda Unit Bags RM451.4 Mln Contract To Build Cyberjaya Data Centre

KUALA LUMPUR, Nov 1 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary, Gamuda Engineering Sdn Bhd, has secured a contract worth RM451.4 million from BCEI Malaysia Sdn Bhd to build a data centre in Cyberjaya.

Public Mutual Declares Distributions Of Over RM94 Mln For Four Funds

KUALA LUMPUR, Oct 30 (Bernama) -- Public Mutual, a wholly owned subsidiary of Public Bank, has declared distributions totalling more than RM94 million for four funds for the financial year ended Oct 31, 2024.

Research Houses Reiterate 'Buy' Call On Mah Sing On Data Centre Joint Development

KUALA LUMPUR, Oct 29 (Bernama) -- Research houses have reiterated their “buy” call on Mah Sing Group Bhd after the company signed a second collaboration agreement with Bridge Data Centres Malaysia VII (BDC) for the joint development of data centres (DCs).

Analysts Lift Target Price On Gamuda Amid New Hydroelectric Deal

KUALA LUMPUR, Oct 28 (Bernama) -- Analysts are maintaining an outperform rating on Gamuda Bhd, raising the target price following the company’s recent contract win, which bolsters earnings visibility.

Gamuda Jv Bags RM3.05 Bln Power Plant Project In Sabah

KUALA LUMPUR, Oct 25 (Bernama) -- Gamuda Bhd, in a joint venture (JV) with Conlay Construction Sdn Bhd, has been appointed as the total development contractor for the Ulu Padas Hydroelectric Power Plant in Sabah.