Top Glove Net Loss Narrows To RM61.81 Mln In FY2024
KUALA LUMPUR, Oct 10 (Bernama) -- Top Glove Corporation Bhd has reduced its net loss to RM61.81 million for the financial year ended Aug 31, 2024 (FY2024) from RM925.22 million in FY2023.
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RHB Positive On Guan Chong MoU With Ivory Coast's CCC, Maintains 'Buy' Call
KUALA LUMPUR, Oct 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd's (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast's Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivoire (CI).
Hartalega To Benefit From Recently Announced US Tariffs Revision On Chinese Glove Makers
KUALA LUMPUR, Oct 10 (Bernama) -- Hartalega Holdings Bhd is expected to benefit from the recently announced upward United States (US) tariff revision on Chinese glove makers moving forward.
Ireka's Unit Secures RM1.07 Bln Sub-contract For Pan Borneo Highway Project
KUALA LUMPUR, Oct 8 (Bernama) -- Ireka Corporation Bhd’s wholly-owned subsidiary, Shoraka Construction Sdn Bhd (SCSB), has won a RM1.07 billion highway construction sub-contract.
HLIB, RHB IB Maintain 'Buy' Call On Kossan Rubber Industries
KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.
Resilient Cash Flow Amid GN3 Status, Says MMAG Director
SEPANG, Oct 4 (Bernama) -- MMAG Holdings Bhd stated that it is not experiencing any cash flow issues or financial distress, despite triggering Paragraph 2.1(g) of Guidance Note 3 (GN3) of the ACE Market listing requirements.
Econpile Unit Secures Two Contracts Worth Combined RM33.3 Mln
KUALA LUMPUR, Oct 2 (Bernama) -- Econpile Holdings Bhd's wholly owned subsidiary, Econpile (M) Sdn Bhd, has secured two contracts worth a combined RM33.3 million from Sg Besi Construction Sdn Bhd.
KIP REIT Secures Approval For RM320 Mln Acquisition Of DPulze Shopping Centre
KUALA LUMPUR, Oct 2 (Bernama) -- KIP Real Estate Investment Trust (KIP REIT) has secured shareholders’ approval to acquire DPulze Shopping Centre in Cyberjaya for RM320 million.
Petronas Job Set To Add Up To RM120 Mln To MISC's Core Net Profit - CIMB Securities
KUALA LUMPUR, Oct 2 (Bernama) -- CIMB Securities Sdn Bhd expects the latest MISC Bhd’s liquefied natural gas (LNG) carriers construction contracts from Petronas to contribute RM47 million - RM120 million to its core net profit from the financial year 2027 (FY2027).
Acquisition Of Eye Nation Helps Sunzen To Expand Into New Market
KUALA LUMPUR, Oct 2 (Bernama) -- Sunzen Biotech Bhd’s acquisition of 70 per cent equity interest in Eye Nation Medical Sdn Bhd, a company engaged in the optical medical diagnostic equipment business, will allow the group to expand into the ophthalmic industry.
ASM 3 Declares RM837.89 Mln Income Distribution For FY2024
KUALA LUMPUR, Sept 30 (Bernama) -- Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution of RM837.89 million for Amanah Saham Malaysia 3 (ASM 3), benefitting 650,487 unitholders who currently own 17.64 billion units for the financial year ended Sept 30, 2024 (FY2024).
Gamuda Up In Early Trade Following Strong FY2024 Results
KUALA LUMPUR, Sept 27 (Bernama) -- Gamuda Bhd shares rose in early Friday trading following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.