Shares of Homeritz Corp Bhd (KL:HOMERIZ) rose to their highest in six weeks as investors cheered the furniture manufacturer's better-than-expected third quarter results though analysts remained cautious. (TheEdge)

Datasonic Group Bhd (Datasonic), through its subsidiary PT Datasonic Teknologi Indonesia (DTI), has secured a three-year, RM30 million smart card supply contract with Perum Percetakan Negara Republik Indonesia (PNRI). (TheStar)

Shares of Dagang NeXchange Bhd (DNeX)(KL:DNEX) rose on Monday, after securing a small field asset cluster production sharing contract (SFA cluster PSC) from Petroliam Nasional Bhd (Petronas). (TheEdge) 

Property developer Ecofirst Consolidated Bhd (KL:ECOFIRS) said on Monday its net profit for the fourth quarter more than doubled from a year earlier thanks to higher sales conversion rate for the KL-48 project. (TheEdge)

U Mobile and Time dotCom have formed a strategic partnership in anticipation of the accelerated deployment of U Mobile’s 5G network under the government’s dual network model. (TheStar)

RHB Research has turned bullish on the prospects of AME Real Estate Investment Trust (AME-REIT), commenting that the latter’s earnings are in line with expectations, recording stable growth from its fully occupied properties. (TheStar)

Given Gadang Holdings Bhd’s weaker-than-expected results in the fourth quarter ended May 31, 2024 (4Q24), TA Research has revised downwards the construction company’s earnings estimates for financial year 2025 (FY25) and FY26 by 21.6% and 35.8%, respectively. (TheStar)

TA Securities Holdings Bhd expects EPB Group Bhd's sales to grow 10 per cent, 12 per cent and 15 per cent for the financial years 2024, 2025 and 2026 (FY24/25/26) respectively. (NST)

RHB Retail Research said Shin Yang Group Bhd’s (KL:SYGROUP) uptrend may be extended after it breached the resistance on strong volume. (TheEdge)

RHB Retail Research said Ramssol Group Bhd (KL:RAMSSOL) is poised to extend its upward movement after undergoing a bullish breakout. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 29 July 2024

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