Puncak Niaga loss seen continuing


PETALING JAYA: Puncak Niaga Holdings Bhd’s current net losses are likely to continue as the benefits of its decision to venture into plantations will only be realised in the longer term, said CIMB Research.

The research house said it was “neutral” on the move although the news was a “surprise”.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , puncak niaga

   

Next In Business News

OSK in Johor asset buy
Chip sector rebound may take longer than anticipated
Asia can be a dominant force, says Fernandes
Gamuda wins Sabah power project
Laws are important to curb anti-competitive mergers
Hartalega unfazed by China firms’ Asean expansion
Fed gets green light on rate cuts as job growth disappoints
US job growth misses expectations in August; unemployment rate slips to 4.2%
MYEG in exclusive tie-up with China agency to operate Asean national single window platform
AirAsia target to launch more international routes, especially in Asean

Others Also Read