Anzo gapped up, says AllianceDBS Research
KUALA LUMPUR (June 29): AllianceDBS Research said Anzo Holdings Bhd (Anzo) had on June 26 gapped up to reach the highest high of 18.
No cash-flow impact seen on Gamuda if govt aborts highway takeover plan — analyst
KUALA LUMPUR (June 25): Should the government cancel its plan to take over the four tolled highways that Gamuda Bhd has majority stakes in, it will have no impact on the group’s cash flow, said an analyst who tracks the company.
PN may not proceed with takeover of Gamuda's four highways, says Affin Hwang
KUALA LUMPUR (June 25): The Perikatan Nasional (PN) government may not proceed with the takeover of four toll highways which Gamuda Bhd has a majority stake in — Damansara-Puchong Expressway, SPRINT Expressway, Shah Alam Expressway, and SMART Tunnel — according to Affin Hwang Capital Research.
PublicInvest sees Genting Malaysia earnings returning to normalcy in FY22
KUALA LUMPUR (June 18): Trading interest in shares in Genting Malaysia Bhd (GenM) spiked after it announced that its Resorts World Genting (RWG) will resume operations tomorrow, and analysts are positive on this.
CN Asia’s RM4m related-party land buy deemed fair and reasonable by independent advisor
KUALA LUMPUR (April 23): Independent advisor Asia Equity Research Sdn Bhd said today the proposed acquisition by CN Asia Corp Bhd of a parcel of land from a related party for RM4 million cash is “fair and reasonable”.
BNM expected to cut OPR by another 75 basis points: CGS-CIMB
KUALA LUMPUR (April 23): CGS-CIMB Securities Sdn Bhd said yesterday it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.
Report: Almost a third of Americans believe COVID-19 created in laboratory
KUALA LUMPUR (April 14): A Pew Research Center survey revealed that third of Americans believe that COVID-19 was manufactured by people in a laboratory, The Guardian reported yesterday.
Banking system well-positioned to absorb Covid-19’s potential damage — HLIB Research
KUALA LUMPUR (April 6): Although the impact of Covid-19 on the economy is significant, banks are entering this laborious period from a position of strength, with more than ample capital and liquidity buffers, according to Hong Leong Investment Bank Bhd Research (HLIB Research).
Demand to stay weak even after MCO is lifted, says AmBank Research
KUALA LUMPUR (April 6): AmBank Group Research said even if the movement control order (MCO) is lifted by mid-April or end April, demand is expected to be weak for some time due to travel aversion and social distancing.
Malaysia chosen by WHO to take part in joint research to test COVID-19 cure
KUALA LUMPUR (March 27): Malaysia has been chosen by the World Health Organization (WHO) as one of the countries to participate in joint research to test the medicine for COVID-19, according to Health Ministry director-general Datuk Dr Noor Hisham Abdullah.
