Hailey Chung

Sunday 13 Apr 2025

24 Aug 2023, 08:00 am

Dayang Enterprise posts highest quarterly earnings since 2019, marking strong rebound in 2QFY2023 Dayang Enterprise Holdings Bhd marked a return to profitability after notching a net profit of RM64.69 million in the second quarter ended June 30, 2023 (2QFY2023), its highest quarterly profit since its 4QFY2019 result of RM78.23 million.

By Hailey Chung / theedgemalaysia.com

24 Aug 2023, 08:00 am

Stocks With Momentum

24 Aug 2023, 08:00 am

Aurelius, Avaland, Binasat, CWG, Eurospan, MBM Resources, Pensonic, PRG, Ramssol, Systech, UOA Developmenttheedgemalaysia.com highlighted 11 stocks with negative momentum at Bursa Malaysia's afternoon close on Thursday (Aug 24).

By Hailey Chung / theedgemalaysia.com

24 Aug 2023, 08:00 am

Highlight

24 Aug 2023, 08:00 am

KLK proposes to buy 33% and one share in BPlant for RM1.15b, take company private, confirming The Edge’s report Kuala Lumpur Kepong Bhd (KLK) has proposed to buy 739.2 million shares or 33% and one share in Boustead Plantations Bhd (BPlant) for a total of RM1.15 billion or RM1.55 per share and plans to take the company private via a mandatory general offer (MGO), confirming The Edge’s report.

By Hailey Chung / theedgemalaysia.com

24 Aug 2023, 08:00 am

Hot Stock

24 Aug 2023, 08:00 am

Dayang Enterprise closes on three-and-a-half year high as business performance improvesShares of Dayang Enterprise Holdings Bhd continued to rally on Thursday (Aug 24), closing at RM1.57 — the highest since its closing price of RM2.08 on March 6, 2020 — as its business performance rebounded strongly as reflected in its second quarter ended June 30, 2023 (2QFY2023).

By Hailey Chung / theedgemalaysia.com

24 Aug 2023, 08:00 am

23 Aug 2023, 08:00 am

Hap Seng Plantations logs lowest quarterly net profit since early 2020Hap Seng Plantations Holdings Bhd posted a net profit of RM9.42 million for the second quarter ended June 30, 2023 (2QFY2023), its lowest quarterly earnings since a net loss in 1QFY2020. Year-on-year, net profit dropped 86% from RM66.9 million, which the company said was due to lower average selling prices of all palm products, higher production cost, and losses from adjustments to fair value of biological assets.

By Hailey Chung / theedgemalaysia.com

23 Aug 2023, 08:00 am

Sime Darby Plantation expects FY2023 to remain challenging as 2Q net profit falls 53%KUALA LUMPUR (Aug 23): Sime Darby Plantation Bhd said it expects its financial year ending Dec 31, 2023 (FY2023) to remain challenging, as its net profit for the second quarter ended June 30, 2023 (2QFY2023) fell by 53% to RM380 million, from RM812 million a year ago.

By Hailey Chung / theedgemalaysia.com

23 Aug 2023, 08:00 am

Stocks With Momentum

23 Aug 2023, 08:00 am

Perdana, Teo Seng, Agmo, CSC Steel, CWG, Eduspec, M&A, OpenSys, Parkson, PRIVASIA, Priceworth, Ramssol, Rexittheedgemalaysia.com highlighted two stocks with positive momentum and eleven stocks with negative momentum at Bursa Malaysia's afternoon close on Wednesday (Aug 23).

By Hailey Chung / theedgemalaysia.com

23 Aug 2023, 08:00 am

E&O posts RM33m profit in 1Q on improved revenue, forex gainsEastern & Oriental Bhd (E&O) posted a net profit of RM32.95 million for the first quarter ended June 30, 2023 (1QFY2024), from a net loss of RM1.65 million a year ago, on the back of improved revenue. In a bourse filing on Wednesday (Aug 23), the premier lifestyle property developer said revenue jumped by 11.5% to RM85.4 million for 1QFY2024, versus RM76.6 million previously, which E&O attributed to an increase in revenue of RM3.6 million from the property segment and RM5 million from the hospitality segment.

By Hailey Chung / theedgemalaysia.com

23 Aug 2023, 08:00 am

Highlight

23 Aug 2023, 08:00 am

IOI Corp’s FY2023 a decent finish despite slump in net profit and revenue, say research housesIOI Corp Bhd’s results for the financial year ended June 30, 2023 (FY2023), which saw a 35% fall in net profit and 25.64% drop in revenue year-on-year (y-o-y), came in broadly within expectations, said two research houses.

By Hailey Chung / theedgemalaysia.com

23 Aug 2023, 08:00 am

22 Aug 2023, 08:00 am

OpenSys acquires eight offices for RM10.5m to support growing businessOpenSys (M) Bhd is acquiring eight offices at Pinnacle Petaling Jaya, Selangor, from JH Yong Holding Sdn Bhd for RM10.5 million to support its growing business. The group said the purchase is to cater to the needs of additional staff, especially those engaged in operational, software development and hardware support roles.

By Hailey Chung / theedgemalaysia.com

22 Aug 2023, 08:00 am

Indonesia detains judge for alleged bribery in palm oil case involving Wilmar's unit

Apple, Nvidia score relief from US tariffs with exemptions

Fahmi gives telcos until 5pm today to resolve internet issues, or face stern action

Apple was on brink of crisis before tariff concession from Trump

Road closures, diversions during upcoming Chinese President Xi Jinping’s visit to Malaysia

BHPetrol to build 30 new stations in rural areas nationwide

Buyout firms get creative on Gulf trips in bid for bigger checks

IMF bets billions on Milei’s chainsaw to avert past debacles

China March new bank loans rise to 3.64 trln yuan, beating expectations

Hong Kong's last major opposition party moves towards disbanding

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