<div>This article first appeared in <em>The Edge Financial Daily</em>, on February 24, 2017.<br />
<br />
&nbsp;</div>

<div class=newsTextDataWrapInner><p><strong>Chin Hin Group Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>SHARES in Chin Hin Group Bhd (fundamental: N/A, valuation: N/A) triggered our proprietary momentum algorithm yesterday for the first time this year.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The stock closed up 1.02% or one sen higher at 99.5 sen after 10.46 million shares were traded, compared with its 200-day average of 840,543 shares.</p></div>

<div class=newsTextDataWrapInner><p>The group, which was listed in March 2016, is principally involved in the distribution of building materials and provision of logistics, supply of ready-mixed concrete, manufacturing of autoclaved aerated concrete and precast concrete products, wire mesh and metal roofing systems.</p></div>

<div class=newsTextDataWrapInner><p>In its third quarter ended Sept 30, 2016, the company’s net profit increased 76% to RM8.14 million from RM4.61 million a year ago, though revenue fell 12% to RM241.8 million from RM276.18.</p></div>

<div class=newsTextDataWrapInner><p>Chin Hin Group is currently trading at 1.59 times its net book value.</p></div>


This article first appeared in The Edge Financial Daily, on February 24, 2017.

 

Chin Hin Group Bhd (-ve)

SHARES in Chin Hin Group Bhd (fundamental: N/A, valuation: N/A) triggered our proprietary momentum algorithm yesterday fo...

Stock With Momentum: Chin Hin Group

BEIJING (Oct 19):Chinese Premier Li Qiang has signed a decree of the State Council to unveil regulations on export control of so-called dual use items, which will take effect on Dec 1, 2024, state news agency Xinhua said on Saturday.

China boosts export controls on dual use items, state media says

KYIV/PARIS (Oct 19): The involvement of North Korean regular troops to support Russia's invasion of Ukraine would be a serious escalation of the war, France and Ukraine's foreign ministers said at a joint press conference in Kyiv on Saturday.

France warns that North Korean troops fighting in Ukraine would be an escalation

JERUSALEM/BEIRUT/RAMALAH/CAIRO (Oct 19): The Israeli military said Hezbollah had fired dozens of rockets and several drones into northern Israel on Saturday, killing one person, with one drone directed at Israeli Prime Minister Benjamin Netanyahu's holiday home, according to his spokesman.

Hezbollah fires rockets into northern Israel as Israeli strikes pound Gaza

KUALA LUMPUR (Oct 19): The upward adjustment to the windfall profit levy (WPL) threshold for crude palm oil (CPO) announced in Budget 2025 “does not address the financial burdens” posed by the mechanism, the Malaysian Palm Oil Association (MPOA) said.

Upwards adjustment to palm oil windfall profit levy threshold not sufficient, says MPOA

MACHANG (Oct 19): A new bill for house arrest is expected to be tabled in Parliament in 2025, announced Home Minister Datuk Seri Saifuddin Nasution Ismail.

House arrest bill to be tabled in Parliament next year — home minister

(Oct 18): The US securities regulator has granted "accelerated approval" to 11 exchange-traded funds (ETFs) to list and trade options tied to spot bitcoin prices on the New York Stock Exchange NYSE), according to a regulatory filing.

US SEC gives green light to 11  ETFs to list, trade options tied to spot bitcoin prices on NYSE

LIMA (Oct 18): Peru's massive Chancay port, which authorities hope will become a major shipping hub for South America-Asia trade, will ship two container ships a week beginning late next month, an executive for port operator Cosco Shipping said on Friday.

Peru's Chinese-built mega port to soft launch in late November with Shanghai route 

KUALA LUMPUR (Oct 19): The measures in Budget 2025 are set to ensure that the capital market can facilitate greater and more broad-based wealth creation, said Securities Commission Malaysia (SC).

Budget 2025 to facilitate more broad-based wealth creation in capital market — industry players

SHAH ALAM (Oct 19): The 2025 Budget, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Friday (Oct 18),  has a significant impact on Selangor, particularly on the economic sector, infrastructure development and the well-being of the people.

MB: Budget 2025 has significant impact on Selangor’s economic growth, infrastructure

KUALA LUMPUR (Oct 19): The increase in the threshold value of the windfall profit levy (WPL) gives plantation companies room to operate more efficiently, especially to face the competitive global vegetable oil market, Malaysian Palm Oil Board (MPOB) director general Datuk Dr Ahmad Parveez Ghulam Kadir said.

MPOB: Increase in windfall profit levy threshold allows plantation firms to plan long-term investments

<p>(Oct 18):&nbsp;Malaysia’s retailers and tourism-related firms are poised to benefit from the national spending plan for next year, as the government increases cash handouts and incentives to mitigate the impact of some subsidy removals.&nbsp;</p>


The winners and losers of Budget 2025’s spending plan

<p>(Oct 19):&nbsp;Singapore’s push to foster a&nbsp;digital-asset hub&nbsp;jumped back into the spotlight this week, when Nansen Pte Ltd chief executive officer&nbsp;Alex Svanevik&nbsp;revealed that his application for permanent residence there had been rejected.</p>


Crypto CEO denied Singapore PR mulls relocating

<p>KUALA LUMPUR (Oct 19): At a whopping RM421 billion, Budget 2025, which was unveiled on Friday, Oct 18, is 3.3% higher than the revised Budget 2024’s estimate of RM407.5 billion, and marks the second time the federal government’s budget has breached RM400 billion.</p>


Budget 2025: More but not bold reforms

<p>(Oct 19):&nbsp;An oil terminal Iran built to bypass the vital strait of Hormuz appears to have partially filled with crude — offering Tehran a means to get a little of its oil into the world without using the waterway.</p>


Iran oil terminal that bypasses Strait of Hormuz is filling up

<p>KUALA LUMPUR (Oct 19): The upward adjustment to the windfall profit levy (WPL) threshold for crude palm oil (CPO) announced in Budget 2025 “does not address the financial burdens” posed by the mechanism, the Malaysian Palm Oil Association (MPOA) said.</p>


<p>KUALA LUMPUR (Oct 19): Malaysia’s smaller budget deficit for 2025 reflects the government’s continued commitment to gradual fiscal consolidation, S&amp;P Global Ratings said on Saturday.</p>


Malaysia’s smaller budget deficit reflects govt’s commitment to gradual consolidation — S&P

<p>KUALA LUMPUR (Oct 19): The measures in Budget 2025 are set to ensure that the capital market can facilitate greater and more broad-based wealth creation, said Securities Commission Malaysia (SC).</p>


<p>KUALA LUMPUR (Oct 19): The increase in the threshold value of the windfall profit levy (WPL) gives plantation companies room to operate more efficiently, especially to face the competitive global vegetable oil market, Malaysian Palm Oil Board (MPOB)&nbsp;director general&nbsp;Datuk Dr Ahmad Parveez Ghulam Kadir said.</p>


<p>SHAH ALAM (Oct 19): The 2025 Budget, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Friday (Oct 18), &nbsp;has a significant impact on Selangor, particularly on the economic sector, infrastructure development and the well-being of the people.</p>


<p>MACHANG (Oct 19): A&nbsp;new bill for house arrest is expected to be tabled in Parliament in 2025, announced Home Minister Datuk Seri Saifuddin Nasution Ismail.</p>


<p>(Oct 18): The US&nbsp;securities regulator has granted "accelerated approval" to 11 exchange-traded funds (ETFs) to list and trade options tied to spot bitcoin prices on the New York Stock Exchange NYSE), according to a regulatory filing.</p>


<p>Following the tabling of the RM421 billion Budget 2025 in parliament last Friday, the <b>Supply Bill</b> will be debated at the policy stage for eight days starting from Monday (Oct 21).</p>


The Week Ahead: Supply Bill debate and 3Q advanced GDP estimates in focus

<p>(Oct 18):&nbsp;Fuji Soft Inc&nbsp;is standing by KKR &amp; Co’s tender for its shares, despite receiving a higher bid from Bain Capital that’s won the support of the Japanese software developer’s founder.</p>


Fuji Soft sticks with KKR despite higher takeover offer from Bain

<p>LIMA (Oct 18): Peru's massive Chancay port, which authorities hope will become a major shipping hub for South America-Asia trade, will ship two container ships a week beginning late next month, an executive for port operator Cosco Shipping said on Friday.</p>


<p>The United States has adopted increasingly protectionist policies over the past few years, raising tariffs, revising or withdrawing from free-trade agreements, and restricting trade with countries considered strategic threats. While these measures aim to exert pressure on perceived adversaries li...

Making Globalisation Work: America’s Protectionist Policies Are Backfiring

<p>KYIV/PARIS (Oct 19): The involvement of North Korean regular troops to support Russia's invasion of Ukraine would be a serious escalation of the war, France and Ukraine's foreign ministers said at a joint press conference in Kyiv on Saturday.</p>


<p>JERUSALEM/BEIRUT/RAMALAH/CAIRO&nbsp;(Oct 19): The Israeli military said Hezbollah had fired dozens of rockets and several drones into northern Israel on Saturday, killing one person, with one drone directed at Israeli Prime Minister Benjamin Netanyahu's holiday home, according to his spokesman.</p>


<p>BEIJING (Oct 19):Chinese Premier Li Qiang has signed a decree of the State Council to unveil regulations on export control of so-called dual use items, which will take effect on Dec 1, 2024, state news agency <em>Xinhua</em> said on Saturday.</p>
