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Topic: June 30

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KUALA LUMPUR (Aug 21): Tune Protect Group Bhd posted a lower net profit of RM10.71 million in its second quarter ended June 30, 2019 compared with RM12.81 million recorded a year earlier.
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KUALA LUMPUR (Aug 21): Box-Pak (M) Bhd continues to bleed, hurt by its Myanmar operations and doubtful debts as its net loss widened more than four fold year-on-year to RM7.41 million or loss per shar...
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KUALA LUMPUR (Aug 21): Construction services firm GDB Holdings Bhd posted a lower net profit of RM6.94 million in the second quarter ended June 30, 2019 from RM9.13 million in the same period a year a...
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KUALA LUMPUR (Aug 21): Refined sugar producer MSM Malaysia Holdings Bhd incurred a net loss of RM67.33 million in its second quarter ended June 30, 2019 (2QFY19) — its third consecutive quarter in t...
Malay Mail:
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KUALA LUMPUR, Aug 21 — Tune Protect Group Bhd posted a lower net profit or RM10.71 million in its second quarter ended June 30, 2019, compared to the RM12.81 million recorded a year earlier.
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KUALA LUMPUR (Aug 21): Berjaya Assets Bhd’s (BAssets) net loss widened significantly in the fourth quarter ended June 30, 2019 (4QFY19) to RM83.1 million from RM30.2 million in the previous correspo...
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KUALA LUMPUR: MSM Malaysia Holdings Bhd made a its biggest quarterly losses in years as the sugar producer struggled with rising cost, while selling prices of refined products declined.
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KUALA LUMPUR (Aug 21): Jaks Resources Bhd’s net profit jumped near three times in the second quarter ended June 30, 2019 (2QFY19), as it recorded higher earnings in its construction division, contri...
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KUALA LUMPUR (Aug 21):  RCE Capital Bhd posted a 4% increase in net profit to RM24.12 million in the first quarter ended June 30 on the back of higher net interest income and interest income from dep...
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KUALA LUMPUR (Aug 21): Jaks Resources Bhd’s net profit jumped near three times in the second quarter ended June 30, 2019 (2QFY19), as it recorded higher earnings in its construction division, contri...
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KUALA LUMPUR (Aug 21): Amway (Malaysia) Holdings Bhd has posted a 148% jump in net profit to RM18.49 million for the second quarter ended June 30 (2QFY19), against RM7.46 million in the same period l...
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KUALA LUMPUR: Freight Management Holdings Bhd's net profit slumped by 30.9% to RM13.60mil in the financial year ended June 30, 2019 from RM19.69mil a year ago.
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KUALA LUMPUR (Aug 21): Maybank Investment Bank Bhd said AirAsia X Bhd (AAX) is likely to report this month a core net loss of RM105 million for the second quarter ended June 30, 2019 (2QFY19) due to a...
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KUALA LUMPUR (Aug 21): Freight Management Holdings Bhd's net profit for the fourth quarter ended June 30, 2019 tumbled 74.28% year-on-year to RM1.07 million from RM4.17 million, mainly due to higher s...
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KUALA LUMPUR (Aug 21): Steel products maker ATTA Global Group Bhd is acquiring real estate company Climate Attitude Sdn Bhd for RM24 million to diversify into property investment.
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KUALA LUMPUR (Aug 21): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), recorded a relatively flat net profit for the second quarter ended ...
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KUALA LUMPUR (Aug 21): Shares in MBM Resources reached an all-time high in active trade this morning, after it reported that its net profit for the second quarter ended June 30, 2019 (2QFY19) more tha...
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KUALA LUMPUR (Aug 21): Shares in MBM Resources Bhd jumped 10.63% this morning after its net profit more than doubled to RM74.04 million in the second quarter ended June 30, 2019 (2QFY19), from RM34.55...
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KUALA LUMPUR (Aug 21): Shares in Pos Malaysia Bhd fell 1.86% this morning after it posted a net loss of RM15.1 million in the quarter ended June 30, 2019, compared with a net profit of RM4.98 million ...
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KUALA LUMPUR (Aug 21): Heineken Malaysia Bhd shares rose 1.23% this morning after its net profit for the second quarter ended June 30, 2019 (2QFY19) grew 19.7% on year to RM65.7 million from RM54.9 mi...
The Star:
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KUALA LUMPUR: Maybank Investment Bank Research maintains its Buy call on Berjaya Food on decent growth and inexpensive valuations.
Malay Mail:
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WASHINGTON, Aug 21 — Facebook Inc said yesterday it was tweaking its policies to allow users to see and control the data that the social network gathers from their browsing habits on other websites ...
The Star:
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PETALING JAYA: Pos Malaysia Bhd slipped into a net loss of RM15.1mil for the first quarter ended June 30,2019, due to weak postal and services results.
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PETALING JAYA: Kuala Lumpur Kepong Bhd’s (KLK) net profit for the third quarter ended June 30 fell 65% to RM48.62mil from RM139.87mil in the same quarter a year ago.
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KUALA LUMPUR (Aug 20): Steel products maker ATTA Global Group Bhd is acquiring real estate company Climate Attitude Sdn Bhd for RM24 million to diversify into property investment.
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KUALA LUMPUR (Aug 20): Based on corporate announcements and news flow today, companies in focus on Wednesday (Aug 21) may include: Genting Malaysia Bhd, Heineken Malaysia Bhd, Press Metal Aluminium Ho...
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KUALA LUMPUR (Aug 20): Batu Kawan Bhd’s net profit was slashed by more than half to RM50.83 million in the third quarter ended June 30, 2019 (3QFY19), from RM106.67 million a year ago, mainly due to...
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KUALA LUMPUR (Aug 20): MBM Resources Bhd’s net profit more than doubled to RM74.04 million in the second quarter ended June 30, 2019 (2QFY19), from RM34.55 million a year ago, mainly lifted by a one...
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KUALA LUMPUR (Aug 20): Tan Chong Motor Holdings Bhd has reported a 57% jump in its second quarter net profit to RM19.43 million or 2.98 sen per share, from RM12.36 million or 1.89 sen per share a year...
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KUALA LUMPUR (Aug 20): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), recorded a relatively flat net profit for the second quarter ended ...
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KUALA LUMPUR (Aug 20): Hibiscus Petroleum Bhd's net profit for the fourth quarter ended June 30, 2019 (4QFY19) plunged 75% to RM24.72 million, from RM98.75 million a year earlier, despite recording a ...
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KUALA LUMPUR (Aug 20): Pos Malaysia Bhd today announced posting a net loss of RM15.1 million in the quarter ended June 30, 2019, compared with a net profit of RM4.98 million in the corresponding quart...
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KUALA LUMPUR (Aug 20): Utusan Melayu (M) Bhd, whose share price plunged to an all-time low of seven sen today, will be delisted from Bursa Malaysia on Aug 30 as the media company failed to submit its ...
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KUALA LUMPUR (Aug 20): Starbucks Coffee Malaysia operator Berjaya Food Bhd (BFood) reported a net profit of RM203,000 for the two-month period ended June 30, 2019, against a revenue of RM110.76 millio...
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KUALA LUMPUR (Aug 20): Softer metal price led to Press Metal Aluminium Holdings Bhd reporting a 36% drop in net profit in its second quarter ended June 30, 2019 (2QFY19) to RM102.89 million, from RM16...
Malaysiakini:
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Trading in the securities of Utusan Melayu (Malaysia) Bhd will be suspended with effect from Aug 28 and its shares will be de-listed on Aug 30.
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KUALA LUMPUR (Aug 20): Heineken Malaysia Bhd's net profit for the second quarter ended June 30, 2019 (2QFY19) grew 19.7% year-on-year to RM65.7 million from RM54.9 million amidst higher beer sales.
The Star:
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KUALA LUMPUR: Press Metal Aluminium Holdings Bhd said its earnings in second quarter ended June 30 was hit by low selling prices of its products and higher raw material cost.
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KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) reported its lowest quarterly profits in years after the plantation group booked in a huge loss on an estate in Liberia.
Free Malaysia Today:
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PETALING JAYA: Troubled Malay daily Utusan Malaysia, which is expected to cease publication tomorrow, said it will pay its employees a maximum of RM2,000 each as advance tonight.
Malay Mail:
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KUALA LUMPUR, Aug 20 — Trading in the securities of Utusan Melayu (Malaysia) Bhd will be suspended with effect from August 28 and its shares will be de-listed on August 30.
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KUALA LUMPUR (Aug 20): Prasarana Malaysia Bhd is set to achieve up to RM900 million in revenue for the financial year ending Dec 31, 2019 (FY19). President and group chief executive officer, Datuk ...
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KUALA LUMPUR (Aug 20): A staff of Utusan Malaysia has revealed that “most of the buildings intended to be sold” by the company do not have certificate of fitness (CF), reported The Malay Mail yest...
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KUALA LUMPUR (Aug 20): Utusan Melayu (M) Bhd's share price fell as much as four sen or 36.36% to seven sen, valuing the company at barely RM8 milion, so far today after the newspaper publisher announc...
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KUALA LUMPUR: Guan Chong Bhd has proposed a one-for-one bonus share issue and a one-for-three issue of free warrants.
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KUALA LUMPUR: Kuantan Flour Mills Bhd posted net losses of RM511,000 in the third quarter ended June 30,2019 due to higher raw material costs and production overheads.
Malay Mail:
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SHANGHAI, Aug 20 ― Chinese internet giant Baidu regained momentum during the second quarter, posting better-than-expected revenue today thanks to strong traffic growth, though it also announced a hu...
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KUALA LUMPUR (Aug 20) Utusan Melayu (M) Bhd's share price fell as much as four sen or 36.36% to seven sen, valuing the company at barely RM8 milion, so far today after the newspaper publisher announce...
Malaysiakini:
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Shares of Utusan Melayu (Malaysia) has been on a steady decline since the local bourse opened today following a filing with Bursa Malaysia yesterday on the company’s inability to submit its regulari...
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KUALA LUMPUR (Aug 20): Financially stressed Utusan Melayu (M) Bhd is facing an uphill task finding a white knight to salvage the newspaper group, with total debts of RM139.19 million as at June 30.
Malay Mail:
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SYDNEY, Aug 20 ― BHP, the world's biggest miner, more than doubled its annual net profit today on the back of higher iron ore prices and a rebound from significant setbacks the previous year.
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KUALA LUMPUR, Aug 20 — Lembaga Tabung Haji (TH) CEO Datuk Seri Zukri Samat is expected to cut short his two-year tenure due to health reasons, The Malaysian Reserve (TMR) reported yesterday, citing ...
Malay Mail:
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KUALA LUMPUR, Aug 20 — Lembaga Tabung Haji (TH) CEO Datuk Seri Zukri Samat is expected to cut short his two-year tenure due to health reasons, The Malaysian Reserve (TMR) reported yesterday, citing ...
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KUALA LUMPUR: Utusan Melayu (M) Bhd, Icon Offshore Bhd, Mintye Bhd, Berjaya Sports Toto Bhd (BToto), Guan Chong and Sunway Construction Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
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KUALA LUMPUR (Aug 20): Berjaya Sports Toto Bhd (BToto) shares fell 2.89% this morning after the group posted a net loss of RM41.38 million in the two months ended June 30, 2019 — its first loss-maki...
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KUALA LUMPUR (Aug 20): Shares in cocoa grinder Guan Chong Bhd gained 5.66% this morning after its net profit rose 42% year-on-year to RM60.1 million or 12.77 sen per share in its second quarter ended ...
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KUALA LUMPUR (Aug 20): Shares in financially-stressed Utusan Melayu (M) Bhd tumbled 27.27% this morning after the newspaper group, which has debts of RM139.19 million as at June 30, said it is facing ...
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PETALING JAYA: Kronologi Asia Bhd’s net profit rose 12.47% to RM5.06mil on the back of a 28.78% jump in revenue to RM52.07mil for its second quarter ended June 30.This was achieved through a combination of higher contributions from Hong Kong, Taiwan and India operations, and a maiden contribution from the recent Sandz Solutions acquisition.
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KUALA LUMPUR: Berjaya Sports Toto (BToto) negatively surprised with a headline net loss for May-June 2019 due to impairments at Philippine Gaming Management Corporation (PGMC), Maybank Investment Bank Research said.
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PETALING JAYA: Guan Chong Bhd, the world’s fourth-largest cocoa grinder, says strong demand for the chocolate ingredient worldwide and rising product prices have boosted its earnings and revenue.
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KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) has proposed a first interim dividend of 3.5 sen per share for the financial year ending Dec 31, 2019 – a more than 60% payout from its year-to-date profit after tax and minority interest.
The Star:
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KUALA LUMPUR: Rising ridership at its urban rail networks and an ongoing cost-optimisation programme are contributing to Prasarana Malaysia Bhd’s improved operating financial health.
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KUALA LUMPUR: Gas Malaysia Bhd’s net profit rose to RM49.01mil for the second quarter ended June 30, 2019 from RM48.07mil recorded in the same quarter a year ago.
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KUALA LUMPUR (Aug 19): Based on corporate announcements and news flow today, companies that may be in focus on Tuesday (Aug 20) may include: Icon Offshore Bhd, Utusan Melayu (M) Bhd, Guan Chong Bhd, O...
Malaysiakini:
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Utusan Melayu (Malaysia) Bhd faces possible delisting from Bursa Malaysia amid financial distress coupled with the failure to find a white knight.
Free Malaysia Today:
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KUALA LUMPUR: In the wake of news that Utusan Malaysia will cease publishing on Wednesday, its owner, Utusan Melayu (Malaysia) Bhd, could face possible delisting from Bursa Malaysia.
theSun:
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KUALA LUMPUR: The oldest Bahasa Melayu newspaper in the country, Utusan Malaysia, will end operations on Wednesday.
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KUALA LUMPUR (Aug 19): Berjaya Sports Toto Bhd (BToto) posted a net loss of RM41.38 million in the two months ended June 30, 2019 — its first loss-making period in 15 years since 2004 — mainly due...
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KUALA LUMPUR (Aug 19): Financially-stressed Utusan Melayu (M) Bhd is facing an uphill task of finding a white knight to salvage the newspaper group, which has total debts of RM139.19 million as at Jun...
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KUALA LUMPUR (Aug 19): Highway construction company WCE Holdings Bhd’s first-quarter net profit fell slightly by 0.44% to RM9.23 million, from RM9.27 million a year earlier, despite a sharp increase...
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KUALA LUMPUR (Aug 19): Cocoa grinder Guan Chong Bhd’s net profit rose 42% year-on-year to RM60.1 million or 12.77 sen per share in its second quarter ended June 30, 2019 (2QFY19), thanks to higher s...
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KUALA LUMPUR (Aug 19): Gas Malaysia Bhd’s net profit grew 1.94% to RM49.01 million in the second quarter, from RM48.07 million a year earlier, on higher gross profit, coupled with lower operating ex...
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KUALA LUMPUR (Aug 19): Lower revenue from construction segment and higher-income tax expenses pulled down Sunway Construction Bhd’s (SunCon) net profit for a consecutive quarter for the second quart...
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KUALA LUMPUR, Aug 19 — Utusan Melayu (Malaysia) Bhd faces possible de-listing from Bursa Malaysia amid financial distress coupled with failure to find a white knight.
Malay Mail:
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KUALA LUMPUR, Aug 19 — Gas Malaysia Bhd’s net profit rose to RM49.01 million for the second quarter ended June 30, 2019 from RM48.07 million recorded in the same quarter a year ago.
The Star:
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KUALA LUMPUR: Utusan Melayu (M) Bhd posted net losses of RM3.89mil in the second quarter ended June 30, 2019 compared with a net profit of RM18.85mil a year ago due to reduction in publishing, distribution and advertising by RM37.96mil.
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KUALA LUMPUR (Aug 19): Tinplate exporter Perusahaan Sadur Timah Malaysia Bhd's (Perstima) net profit fell 4.19% to RM11.63 million in the first quarter ended June 30, 2019 (1QFY20) from RM12.14 millio...
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KUALA LUMPUR (Aug 19): Kronologi Asia Bhd's net profit for the second quarter ended June 30, 2019 rose 12.7% year-on-year to RM5.06 million from RM4.5 million on the back of higher contribution from H...
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KUALA LUMPUR (Aug 19): CGS-CIMB Research has raised its target price for Pentamaster Corp Bhd to RM4.20 from RM3.60 after the group posted higher earnings in both the second quarter ended June 30, 201...
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KUALA LUMPUR (Aug 19): Shares in Guocoland (M) Bhd dropped 1.45% at mid-morning today after the firm posted its fifth consecutive quarterly loss for the fourth quarter ended June 30, 2019.
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KUALA LUMPUR (Aug 19): Boilermech Holdings Bhd net profit for the first quarter ended June 30, 2019 rose 31% to RM6.46 million from RM4.93 million a year earlier, on the back of increase in project de...
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KUALA LUMPUR: Orders from Apple Inc have been a boon to semiconductor players, due to the popularity of the company’s iPhone over the last decade, but with the declining sales of the smartphone, inv...
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KUALA LUMPUR: Elsoft Research Bhd's share price fell 1.7% this morning after it reported lower earnings in the second quarter ended June 30.
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KUALA LUMPUR: JF Apex Research expects Pintaras Jaya Bhd, Pentamaster Corp Bhd, Dialog Group Bhd, Guocoland (M) Bhd and Elsoft Research Bhd to be among the stocks to watch on Monday.
theSun:
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KAMPAR: The National Higher Education Fund Corporation (PTPTN) will continue to promote the ‘’matching grant’’ incentive scheme to encourage more parents from the low-income households (B40) t...
Free Malaysia Today:
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KAMPAR: The National Higher Education Fund Corporation will continue to promote the ‘matching grant’ incentive scheme to encourage more parents from the low-income households to save for their chi...
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KUALA LUMPUR (Aug 17): Guocoland (M) Bhd closed its fourth quarter ended June 30, 2019 (4QFY19) with a lower net loss of RM11.69 million compared to RM35.73 million a year ago, as higher operating pro...
Malaysiakini:
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North Korean leader Kim Jong-Un oversaw the test-firing of a new weapon again on Friday morning, state media KCNA said on Saturday.
The Star:
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KUALA LUMPUR: The Hong Leong group’s property arm, Guocoland (M) Bhd posted a narrower net loss of RM11.69mil in the fourth quarter ended June 30, 2019 (4Q19) from RM35.72mil a year ago due to the gain on disposal of hotels of RM104.1mil a year ago.
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KUALA LUMPUR (Aug 16): Dialog Group Bhd is buying an additional 25% stake in Haliburton Bayan Petroleum Sdn Bhd (HBP) for US$8.22 million (approximately RM34.5 million) cash.
CarSifu:
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From left: Shamsuddin and son with Chee KUALA LUMPUR: Out of almost 4,000 entries for Goodyear Malaysia's 2019 Ramadhan Raya Promo campaign, a lucky winner took home the Grand Prize.
Tech in Asia:
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Alibaba Group Holding beat estimates to report a 42% revenue increase in the quarter ended June 30 amid signs of strain in China’s economy from the protracted trade war with the US.
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KUALA LUMPUR (Aug 16): Pentamaster Corp Bhd’s net profit for the second quarter grew 40.11% to RM19.54 million from RM13.95 million a year earlier, on improved operating efficiency.
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KUALA LUMPUR (Aug 16): Guocoland (M) Bhd closed its fourth quarter ended June 30, 2019 (4QFY19) with a lower net loss of RM11.69 million compared to RM35.73 million a year ago, as higher operating pro...
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KUALA LUMPUR (Aug 16): Elsoft Research Bhd's second quarter top line and bottom line nearly halved on lower demand for the group's automated test equipment (ATE). Net profit for the quarter ended June...
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HONG KONG: Chinese e-commerce giant Alibaba is weighing a delay to its listing on the Hong Kong Stock Exchange, previously expected to take place in September, the New York Post reported on Thursday.
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IN conjunction with its 25th year anniversary, property developer Mah Sing Group rolled out its latest sales campaign named Lock and Win, to reward buyers from RM2mil worth of prizes when they purchase from a selection of the group’s homes and commercial spaces nationwide.
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PETALING JAYA: Damansara Realty Bhd’s (DRealty) earnings for the second quarter ended June 30 came in at RM3.66mil, which was a significant improvement from a net loss of RM330, 000 in the same quarter last year.
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KUALA LUMPUR: Dialog Group's core net profit for the financial year ended June 30, 2019 was marginally above Maybank Investment Bank Research's estimate but in line with consensus.
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PETALING JAYA: Integrated palm oil producer IOI Corp Bhd has recorded a 30% increase in its net profit to RM46.6mil for the fourth quarter ended June 30, 2019.