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2024-03-20 09:39 | Report Abuse
Surging The Power Distribution Industry, MSSB Projects Positive Growth For Powerwell
https://www.businesstoday.com.my/2024/03/20/surging-the-power-distribution-industry-mssb-projects-positive-growth-for-powerwell/
2024-03-20 08:27 | Report Abuse
Solid order book to buoy ITMAX earnings potential
https://www.thestar.com.my/business/business-news/2024/03/20/solid-order-book-to-buoy-itmax-earnings-potential
2024-03-19 10:51 | Report Abuse
Spillover effects from Sarawak KUTS job
https://www.thestar.com.my/business/business-news/2024/03/19/spillover-effects-from-sarawak-kuts-job
2024-03-14 15:32 | Report Abuse
Avaland Revenue Visibility Clear With Sizeable Project Launches
https://www.businesstoday.com.my/2024/03/14/avaland-revenue-visibility-clear-with-sizeable-project-launches/
2024-03-13 21:16 | Report Abuse
Avaland tops out Casa Embun Phase 1 in Cybersouth
https://www.edgeprop.my/content/1908811/avaland-tops-out-casa-embun-phase-1-cybersouth
2024-03-12 07:48 | Report Abuse
Prolintas briefing saying commercial vehicles paying triple the rates.
2024-03-08 10:15 | Report Abuse
Genting's 20%-owned TauRx says new data on Alzheimer's drug show sustained benefits
https://theedgemalaysia.com/node/703916
2024-03-07 17:23 | Report Abuse
Cabinet has approved construction of West Ipoh Span Expressway, says Perak MB.
https://theedgemalaysia.com/node/693906
WISE, at 60km in length and a cost of RM5.75 billion, it works out to about RM90 million per km
2024-03-07 16:50 | Report Abuse
PNB values four highways at RM1.05 bil for trust IPO, expects 6.7% yield ( IPO price 0.95 cts). Cost of constructing WCE highway exceeded RM8bil.
https://theedgemalaysia.com/node/703624
2024-03-07 09:34 | Report Abuse
Prolintas BT
Total 4 Highways mainline length - 84 km
Remaining tenure of concession - 3 Highways about 38 yrs, 1 Highway about 13 yrs
Annual Average Daily Traffic in FYE 2023 - 458,800 vehicles
Toll collection revenue in FYE 2023 - 294.8 million
2024-03-06 08:55 | Report Abuse
Section 11
WCE project is crucial as it is a strategic route to expand the transport network, not only between cities and districts, but also to connect Perak to economic growth centres — starting with Port Klang, Lumut Port and Penang Port.
This route is also important because it is a catalyst for Perak’s plan to drive socio-economic growth along the west coast and transform Perak’s tourism landscape by facilitating access to strategic destinations, in line with the Visit Perak Year 2024 campaign.
“When it opens later, road users will have alternative routes to existing roads, to areas on the west coast of Perak, such as Teluk Intan, Manjung, Pulau Pangkor, Beruas, Trong, Changkat Jering and Taiping,” he added.
It also gives users the option to skip the Menora Tunnel on the NSE, which is an accident-prone area. The congestion on the NSE could also flow some traffic onto this highway.
2024-03-05 10:59 | Report Abuse
SMRT's venture could lead to bigger things in Philippines
https://www.thestar.com.my/business/business-news/2024/03/05/smrt039s-venture-could-lead-to-bigger-things-in-philippines
2024-03-05 07:01 | Report Abuse
SMRT makes inroads into Philippines via managed ATM infrastructure deal
https://thesun.my/business/smrt-makes-inroads-into-philippines-via-managed-atm-infrastructure-deal-NF12175190
2024-03-04 17:02 | Report Abuse
Pito AxM Platform Inc. (PAPI), a wholly owned subsidiary of Seven Bank and PSC, aims to cover more than 3,000 7-Eleven stores nationwide by the end of 2023.
https://www.philstar.com/business/2023/06/18/2274593/seven-bank-7-eleven-partner-install-more-atms-nationwide
2024-03-04 16:44 | Report Abuse
SMRT lands ATM infrastructure project in the Philippines
https://theedgemalaysia.com/node/703321
2024-03-01 17:34 | Report Abuse
Prospects and Outlook for the Current Financial Year
The global economy would continue to face challenges and uncertainty with the business environment of the
geopolitical tension in Middle East that may impact the global growth. The Group will monitor the US Monetary
Policy to the exposure on foreign exchange movements on a regular basis for our management's assessment on
the need to utilise financial instruments to hedge such currency exposure. The Board is optimistic of the prospects
to provide a sustainable and strong positive result for financial year ending 30 June 2024.
Following the completion of increasing production hours in all the three factories by adding a second working shift, thus increasing our production hours from 12 hours a day to 18 hours a day. Therefore, our total annual capacity is expected to increase to approximately 190,000 MTS in financial year 2024 compared with approximately 166,000 MTS in financial year 2023. The Group continues to capture on the increasing demand from markets of China and India which are the largest world consumers of natural rubber driven by the growth of their automotive industries.
The installation of the Biomass System to generate gas from wood chips as a fuel source for our dryer system is
aiming towards cost-saving by replacing the consumption of diesel; however, there is further fine-tuning required
by the vendor after the commissioning. This initiative will not only result in substantial cost savings in diesel
consumption and carbon footprint deduction but also demonstrates our commitment to compliances of ESG
requirements and in the long-run achieving sustainability objective.
In cognizant of the significance of sustainability in generating long-term value for the businesses and stakeholders
and as part of the growth strategies, Syarikat Tenaga (Gemas) Sdn Bhd, a wholly-owned subsidiary of the
Company has entered into the sales contract with Guangdong Ruobo Intelligent Robot Co Ltd from China on 1
December 2023 to purchase the Smart Rubber Manufacturing Equipment at a purchase price of
RMB10,430,000.00 (Renminbi Ten Million Four Hundred and Thirty Thousand) or equivalent to approximately
RM6,779,500.00 (Ringgit Malaysia Six Million Seven Hundred Seventy Nine Thousand Five Hundred). Such
installation would take place in Factory 2 first; this is in line with the adoption of Industry 4.0 towards automation
in manufacturing processes which is to further enhance production efficiency and achieve cost-efficiency as well
as reduce reliance on foreign workers.
Q2 Dec 23 Report dd 23022024
2024-02-29 07:13 | Report Abuse
Blockchain platform lifts MyEG 4Q net profit by double, proposes 1.68 sen final dividend
https://theedgemalaysia.com/node/702771
2024-02-28 14:28 | Report Abuse
Section 11 of West Coast Expressway at 99.33% completion, says Perak MB
https://theedgemalaysia.com/node/702694
2024-02-28 07:22 | Report Abuse
Key highlights:
• Toll concession segment has demonstrated a significant 25% quarter-on-quarter
improvement
• Opening of Section 6 (Bandar Bukit Raja Utara – Assam Jawa) on 21 November
2023
• Achieved 140,000 vehicles daily during the recent Christmas festive holidays
• Target to open Section 11 (Beruas – Taiping Selatan) soon, followed by another
two more sections in 4Q FY2024
Daily vehicles using the highway will explode upon opening of Section 11.
2024-02-27 19:59 | Report Abuse
Q4 Dec 23 EPS 7.65 cts
For current quarter under review, the Group’s revenue decreased for approximately 3.47%
or RM3.93 million, from RM113.35 in the immediate preceding quarter million to RM109.42
million for the current quarter. This was mainly due to significantly lower volume of eggs
sold.
The Group reported profit before taxation of RM30.06 million for the current quarter as
compared to RM7.51 million in the immediate preceding quarter. The considerable improved
pre-tax profit of RM22.55 million or 300.32% was mainly due to lower feed costs and
outstanding subsidies received from the Government during the current quarter under
review as compare to the immediate preceding quarter.
2024-02-27 11:07 | Report Abuse
PPJACK eps 0.66 share price 1.01, EMCC eps 0.60 share price 0.435 - 27022024
2024-02-27 09:49 | Report Abuse
Avaland may extend uptrend, says RHB Retail Research
https://theedgemalaysia.com/node/702456
2024-02-26 20:18 | Report Abuse
ITMAX Records Full Year Growth Of 55.7% On PATAMI Of RM63.3 Million, Dividend 1.2 Sen Declared
https://www.businesstoday.com.my/2024/02/26/itmax-records-full-year-growth-of-55-7-on-patami-of-rm63-3-million-dividend-1-2-sen-declared/
2024-02-26 14:37 | Report Abuse
Egg producer Lay Hong's 3Q net profit jumps nearly eight times as govt subsidies help
https://theedgemalaysia.com/node/702317
2024-02-26 09:10 | Report Abuse
Seng Fong posts best quarterly earnings since listing; planning private placement, bonus issue
https://theedgemalaysia.com/node/702191
2024-02-23 08:30 | Report Abuse
AVALAND Q4 Dec 23 EPS 2.58 cts Share Price @ 0.295 cts,
LBS Q4 Dec 23 EPS 1.97 cts Share Price @ 0.67 cts,
E&O Q3 Dec 23 EPS 1.88 cts Share Price @ 0.87 cts
as at 22022024
2024-02-22 19:41 | Report Abuse
Genting Singapore posts 80% y-o-y increase in FY2023 net profit to S$611.6 mil
https://theedgemalaysia.com/node/701964
2024-02-22 09:25 | Report Abuse
Avaland plans to launch projects with RM1.4bil in GDV
https://www.thestar.com.my/business/business-news/2024/02/21/avaland-plans-to-launch-projects-with-rm14bil-in-gdv
2024-02-20 10:02 | Report Abuse
Zetrix and Web3Labs launch Zetrix Global Accelerator Programme
https://www.thestar.com.my/business/business-news/2024/02/20/zetrix-and-web3labs-launch-zetrix-global-accelerator-programme
2024-02-19 14:13 | Report Abuse
Sarawak - Transitioning Into An Economic Powerhouse
https://klse.i3investor.com/web/blog/detail/rhbinvest/2024-02-19-story-h-188360429-Sarawak_Transitioning_Into_An_Economic_Powerhouse
2024-02-16 10:06 | Report Abuse
These are the stocks analysts favour for 2024
https://theedgemalaysia.com/node/701095
2024-02-16 09:46 | Report Abuse
These are the stocks analysts favour for 2024
https://theedgemalaysia.com/node/701095
2024-02-15 09:35 | Report Abuse
Prolintas inks underwriting agreement, set for 1Q listing
https://theedgemalaysia.com/node/700934
2024-02-13 19:17 | Report Abuse
Maybank IB expects ITMAX's turnover to increase by RM23.6m for FY2024-FY2025
https://theedgemalaysia.com/node/700747
2024-02-09 10:45 | Report Abuse
HLIB raises ITMAX’s target price by 40% to RM2.91 on premium valuation
https://theedgemalaysia.com/node/700503
2024-02-08 06:12 | Report Abuse
DBKL expands scope of KL street lighting job for ITMAX by RM47.2m
https://theedgemalaysia.com/node/700250
2024-01-30 08:22 | Report Abuse
ITMAX System attempting to stage a bullish breakout, says RHB Retail Research
https://theedgemalaysia.com/node/699044
2024-01-24 15:02 | Report Abuse
Sime Darby Property, Lagenda Properties 50-50 Joint Venture To Revolutionise Affordable Housing
https://www.businesstoday.com.my/2024/01/24/sime-darby-property-lagenda-properties-50-50-joint-venture-to-revolutionise-affordable-housing/
2024-01-22 22:52 | Report Abuse
MyEG's Zetrix, Web3Labs, And Summer Capital To Advance HK's Web3 Initiatives
https://www.businesstoday.com.my/20
24/01/22/myegs-zetrix-web3labs-and-summer-capital-to-advance-hks-web3-initiatives/
2024-01-12 12:31 | Report Abuse
CGS-CIMB: East Malaysia store expansion to drive growth of MR DIY
https://theedgemalaysia.com/node/697152
2024-01-09 09:04 | Report Abuse
AHB bolsters EV business with acquisition of KSP Vista
https://www.nst.com.my/business/corporate/2024/01/998777/ahb-bolsters-ev-business-acquisition-ksp-vista
2024-01-05 11:58 | Report Abuse
Evergreen Max Cash Capital adds two pawnshops to network
https://www.thestar.com.my/business/business-news/2024/01/05/evergreen-max-cash-capital-adds-two-pawnshops-to-network
2023-12-23 10:12 | Report Abuse
MyNews upgraded as analysts turn upbeat on signs of positive turnaround - TP 0.68 by RHB & 0.62 by Maybank
https://theedgemalaysia.com/node/694939
2023-12-22 20:20 | Report Abuse
MULTIPLE PROPOSALS SYSTECH BHD ("SYSTECH" OR THE "COMPANY") (I) PROPOSED SHARES ISSUANCE; (II) PROPOSED ACQUISITION; (III) PROPOSED BONUS ISSUE OF WARRANTS; AND (IV) PROPOSED ESS (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")
https://www.malaysiastock.biz/Company-Announcement.aspx?id=1529647
2023-12-21 08:56 | Report Abuse
Blockchain solutions drive MyEG’s earnings
https://www.thestar.com.my/business/business-news/2023/12/21/blockchain-solutions-drive-myegs-earnings
2023-12-21 08:50 | Report Abuse
Southern Cable set to resume uptrend, says Rakuten Trade
https://theedgemalaysia.com/node/694762
2023-12-20 11:59 | Report Abuse
Commentary of Prospects - Q3 Sep 2023
Southern Cable's prospects are supported by the growing demand for cables and wires in
Malaysia, in line with ongoing development and infrastructure projects.
As at 30 September 2023, the Group’s orders in hand amounted to RM893.2 million, and are
expected to be fulfilled by 2026. These orders include the supply of underground cables and
conductors to Tenaga Nasional Berhad and Sarawak Energy Berhad, the supply of rectifier and
battery systems to Telekom Malaysia Berhad, as well as purchase orders from EPCC
(Engineering Procurement Construction Commissioning) contractors, resellers, and others.
Notably, the Group’s annual cable and wire production capacity has increased by 21% to
40,780 km from 33,780 km in the previous financial year ended 31 December 2022 due to
installation of new machinery, enabling the Group to deliver more orders and enhance its
revenue.
Meanwhile, Southern Cable is aiming to capitalise on the growing demand for power cables
and wires from Malaysia’s National Energy Transition Roadmap (NETR) objectives.
On 27 July 2023, the Ministry of Economy of Malaysia unveiled 10 flagship projects under
Phase 1 of the NETR, encompassing solar farms, hydrogen energy, and others, with anticipated
investments of RM25 billion. A projected total investment of between RM435 billion to RM1.85
trillion until 2050 will be required to enable Malaysia to achieve its target of 70% Renewal
Energy (RE) capacity mix, which involves investment in RE generation sources, strengthening
of grid infrastructure including transmission lines enhancement, and energy storage systems,
among others.
To this end, Southern Cable has supplied a wide range of power cables and wires used in
power transmission and distribution networks, including TÜV SÜD certified solar photovoltaic
cables. These products have been used by EPCC solar players in projects such as Large Scale
Solar, positioning the Group favourably to tap into the renewable energy market.
Barring unforeseen circumstances, Southern Cable’s outlook remains positive for the financial
year ending 31 December 2023.
2023-12-18 08:26 | Report Abuse
SMRT set to resume uptrend, says RHB Retail Research
https://theedgemalaysia.com/node/694320
2023-12-15 09:21 | Report Abuse
SMRT earnings growth gaining momentum
https://www.thestar.com.my/business/business-news/2023/12/15/smrt-earnings-growth-gaining-momentum
Stock: [ALPHA]: ALPHA IVF GROUP BERHAD
2024-03-22 10:57 | Report Abuse
Rakuten Trade values ACE Market-bound Alpha IVF at 34 sen
https://theedgemalaysia.com/node/705554