Markets

Gets Global’s RM86.9m proposed private placement to fund glove-making business

by SHAZNI ONG / pic by MUHD AMIN NAHARUL
GETS Global Bhd is proposing to diversify into the glove-making business funded with the RM86.9 million it ...

Profit-taking wipes out RM10b of glovemakers’ valuations

by FARA AISYAH / pic by TMR FILE
RUBBER glovemaker counters were dragged down by sustained selling and were among the top losers on the local bourse ...

Wegmans earnings to grow on capacity expansion, exports

by ASILA JALIL / pic by TMR FILE
WEGMANS Holdings Bhd could see a surge in earnings for the financial year 2021 (FY21) and FY22 driven by capacity ...

Sunway’s potential healthcare stake sale positive, HLIB Research says

by BERNAMA / pic credit: Sunway Medical Centre
SUNWAY Bhd’s potential divestment of its healthcare portfolio is seen as positive as the exercise will ...

SCIB on track to hit RM1b market cap target

The firm has achieved its orderbook target for this year, with RM1.6b worth of works on hand as of last month
by NUR HANANI AZMAN / pic by TMR FILE ...

Sukuk markets to benefit in 2H20 from pandemic stimulus packages

by TMR / graphic by MZUKRI
THE Covid-19 pandemic-induced stimulus packages are expected to set the pace of issuance of Islamic bonds or sukuk in the ...
Office Mzukri

Corporate earnings to recover in 3Q

by FARA AISYAH / graphic by MZUKRI
EARNINGS of listed companies are expected to recover from the third quarter (3Q) onwards fuelled by stronger ...

Tafi has new controlling shareholder

by TMR / graphic by MZUKRI
TAFI Industries Bhd has a new major shareholder. Armani Synergy Sdn Bhd has tabled a 50 sen a share unconditional mandatory ...

Malaysian furniture exporters to benefit from US-China trade war

Low rubberwood prices, due to the raw materials export ban imposed by the govt in 2017, will also boost the companies’ margins
by ASILA JALIL / pic by ...

Robinhood probed by SEC over payments from high-speed traders

by BLOOMBERG Robinhood Markets faces a U.S. regulatory probe into whether the firm properly informed brokerage clients that it sold their stock orders ...

Investors seek growth thematic than dividend

The bias for growth stocks is because the many companies have been cutting back on the dividend payout to conserve cash amid the pandemic
by SHAHEERA ...

Corporate results: LKL International, MQ Technology, MGB and PropertyGuru Group

LKL International bags RM78.49m contract to supply nitrile gloves LKL International Bhd’s wholly-owned subsidiary LKL Advance Metaltech Sdn Bhd had secured ...