Investment scam leaves victim with over RM2mil in losses
SELANGOR: An investment scam has left a single victim with losses amounting to over RM2mil
Exsim Hospitality sees strong growth with RM112.08mil order book
KUALA LUMPUR: Exsim Hospitality Bhd expects its total order book of RM112.08mil as of Dec 31, 2024, to contribute positively to its overall revenue and profitability in the upcoming quarters of the financial year.
Loss-making G3 Global sees turnaround with AI
KUALA LUMPUR: Loss-making G3 Global Bhd, which exited the apparel business to venture into artificial intelligence (AI) and mobility business, sees a turnaround after posting net losses of RM2.11mil in the first quarter ended March 31,2020.
Quick take: Genetec succumbs to profit taking
KUALA LUMPUR: Genetec Technology Bhd fell in early trade Wednesday as investors take profit after recent gains.
Asia Poly returns to the black in 3Q
PETALING JAYA: Cast acrylic sheet manufacturer Asia Poly Holdings Bhd has registered a net profit of RM4.08mil for the third quarter ended September 30, 2020, as compared to a net loss of RM2.13mil recorded during the same quarter last year.
Ocean Vantage confident on expansion plans
KUALA LUMPUR: Despite the flux in oil prices and upheavals in the first half of the year, Ocean Vantage Holdings Bhd managing director Kenny Ronald Ngalin and executive director Stephen Yau Kah Tak are confident that the group’s expansion plans will proceed as planned over the next two years.
Tropicana to launch properties with estimated RM4bil GDV
KUALA LUMPUR: Tropicana Corp Bhd plans to roll out exciting residential or commercial developments across Malaysia, with an estimated gross development value (GDV) of RM4bil.
BAuto expected to face challenges
Bermaz Auto Bhd (BAuto) is expected to face ongoing challenges despite efforts to boost sales through new model launches, as analysts anticipate stiff competition in the Malaysian automotive landscape.
More than RM2mil in aid for flood-affected breeders in Terengganu
KUALA TERENGGANU: A total of 175 breeders in Terengganu who were affected by the flood disaster from December 2021 until February this year have received assistance in the form of equipment and input worth almost RM2.08mil, the state legislative assembly was told on Wednesday (Nov 30).
Gamuda sees stronger earnings on business pick-up
PETALING JAYA: Gamuda Bhd swung to a net profit of RM214.08mil in the fourth quarter (Q4) of its financial year ended July 31, 2021 (FY21) from a net loss of RM12.52mil for Q4 of FY20.
Trading ideas: AirAsia, Titijaya, Unisem, Bina Puri, Pensonic, NetX Holdings
KUALA LUMPUR: Stocks to watch on Thursday include AirAsia Group Bhd, Titijaya Land Bhd, Unisem (M) Bhd, Bina Puri Holdings Bhd, Pensonic Holdings Bhd and NetX Holdings Bhd, according to JF Apex Research.
Trading ideas: Pintaras Jaya, Kronologi, Tomei, Kerjaya Prospek, Top Glove
KUALA LUMPUR: Pintaras Jaya, Kronologi Asia, Kerjaya Prospek and Top Glove are among the stocks which could attract trading interest on Tuesday following their corporate news, JF Apex Research says.
Fraudsters hit the jackpot: phone scammers cheat HK victims out of HK$1.8bil over 15 years
Masterminds evade arrest as cross-border scams target even well-educated, tech-savvy victims. Fraudsters update their scripts, use national security law to frighten victims into paying up.
Dialog quarterly bottom line rises 14%
Oil-and-gas services provider Dialog Group Bhd posted a 14.2% increase in net profit for its first quarter ended Sept 30, 2024 of financial year 2025 (1Q25) to RM150.97mil from RM132.17mil in the same period last year.
Malaysian Genomics continues to seek new opportunities
KUALA LUMPUR: Malaysian Genomics Resource Centre Bhd remains on the lookout for opportunities to grow its genetic screening business and distribution network.
Sapura secures RM580mil contract extension in Brazil
PETALING JAYA: Sapura Energy Bhd has been given an extension of a charter and service contract by Petroleo Brasileiro SA (Petrobras) in Brazil worth RM580mil.
Hartalega to focus on better cost management
Hartalega Holdings Bhd is optimistic about the long-term prospects of the glove sector and will continue to emphasise on better cost management, improve operational efficiencies and scale up its automation initiatives across operations.
Trading ideas: Ecoscience, MyNews, Poh Kong, VS Industry, AEON Credit
KUALA LUMPUR: Apex Securities expects Ecoscience International Bhd, MyNews Holdings Bhd, Poh Kong Holdings Bhd, VS Industry Bhd and AEON Credit Service (M) Bhd to be among the stocks to watch on Wednesday.
Notion VTec posts turnaround in 4Q, upbeat on outlook
KUALA LUMPUR: Notion VTec Bhd staged a turnaround in the fourth quarter ended Sept 30 with net profit of RM6.74mil from a loss in the third quarter, boosted by its foray into the personal protective equipment (PPE) business.
CIMB Group targets to reduce cost by around RM500m for FY20
KUALA LUMPUR: CIMB Group Holdings Bhd aims to aggressively rationalise cost following the impact of the challenging economic environment and is targetting an absolute cost reduction of around RM500mil or 5% for full year 2020.
