AmInvestment Maintains ‘Buy’ Call on Mah Sing
KUALA LUMPUR, 15 January 2020 - AmInvestment Bank has maintained its ‘buy’ recommendation on Mah Sing Group with an unchanged fair value of RM1.13 per share as its...
Local Market Info
Kenanga Investors: KLCI to Recover This Year
KUALA LUMPUR, 13 January 2020 – Kenanga Investors Bhd is optimistic that Bursa Malaysia FBM KLCI index has high potential to recover this year based on the nation’s gross...
AIAB Debuts on LEAP Market at 27 sen
KUALA LUMPUR, 7 January 2020 - Ace Innovate Asia Bhd (AIAB) made its debut on Bursa Malaysia’s Leading Entrepreneur Accelerator Platform Market (LEAP) today at 27 sen, a...
LBS Eyes RM1.6 bil in Sales After Surpassing 2019 Target
PETALING JAYA, 6 January 2020 – Leading township developer, LBS Bina Group Berhad (LBS), exceeded its sales target in 2019 by reaching RM 1.63 billion compared to RM1.526...
Subsiding US-China Trade Tension, Strong Domestic Direction can Turn FBM KLCI Positive
KUALA LUMPUR, 6 January 2020 - De-escalating trade tension between the United States and China coupled with a strong government’s direction on future policies and political stability are...
GCB Cocoa Singapore to Acquire German Company
KUALA LUMPUR, 19 December 2019 - Guan Chong Bhd (GCB)'s sub-subsidiary GCB Cocoa Singapore Pte Ltd is proposing to acquire Netherlands-based Schokinag Holding BV’S entire stake in Schokinag...
Kenanga Issues Newest Datasonic and Globetronics Warrants
KUALA LUMPUR, 19 December 2019 - Kenanga is issuing its latest batch of 12 structured warrants on popular names such as Datasonic Group Berhad and Globetronics Technology Berhad....
Ringgit Opens Almost Flat Against US Dollar
KUALA LUMPUR, 18 December 2019 - The ringgit was almost flat against the US dollar this morning as the greenback regained its strength following the positive developments on...
Carsome Secures US$50 million Funding from Global Investors
KUALA LUMPUR, 16 December 2019 (BERNAMA) - Carsome has completed the equity closing for a U$50 million Series C funding from global investors, which will be utilised to...
FXTM: Trade Deal Euphoria to Extend into Week Ahead
FXTM predicted that the market euphoria surrounding the US-China trade deal is set to prolong into the week ahead and provide support for Asian assets, as investors revise...
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