Reyanna Ng

Tuesday 22 Apr 2025

15 Aug 2023, 08:00 am

Ranhill Utilities’ net profit surges 72% on increased segmental revenueRanhill Utilities Bhd's net profit surged 72.22% to RM12.06 million for the second quarter ended June 30, 2023 (2QFY2023), from RM7 million a year earlier, as its environment and energy segments reported higher earnings.

By Reyanna Ng / theedgemalaysia.com

15 Aug 2023, 08:00 am

Hot Stock

15 Aug 2023, 08:00 am

Iris Corp down in active trade after govt nixed NIISe contractIris Corp Bhd's share price closed 17.65% or 1.5 sen lower at seven sen on Tuesday (Aug 15), after the Home Ministry cancelled its contract for the National Integrated Immigration System (NIISe) effective from Monday.

By Reyanna Ng / theedgemalaysia.com

15 Aug 2023, 08:00 am

UEM Sunrise unit buys 1.22-acre Perth land for RM66 mil to build apartmentsUEM Sunrise Bhd has purchased two plots of land measuring 1.22 acres in Perth, Australia, for A$22.19 million, or approximately RM66.39 million.

By Reyanna Ng / theedgemalaysia.com

15 Aug 2023, 08:00 am

Stock With Momentum

15 Aug 2023, 08:00 am

AYS Ventures, Boilermech, Cyberjaya Education, Central Global, E&O, Kerjaya Prospek, Keck Seng, KSL, Pan Malaysia Corp, WCE theedgemarkets.com highlighted 10 stocks with negative momentum at Bursa Malaysia’s afternoon break on Tuesday (Aug 15).

By Reyanna Ng / theedgemalaysia.com

15 Aug 2023, 08:00 am

Highlight

15 Aug 2023, 08:00 am

RHB upgrades BFood to ‘buy’, says worst is overRHB Research has upgraded its call on Berjaya Food Bhd (BFood) to "buy" at 67 sen, with an unchanged target price (TP) of 77 sen, after the group posted a 57.5% drop in net profit to RM17.28 million for the fourth quarter ended June 30, 2023 (4QFY2023), from RM40.66 million a year before.

By Reyanna Ng / theedgemalaysia.com

15 Aug 2023, 08:00 am

14 Aug 2023, 08:00 am

GFM Services seeking transfer to Main MarketFacilities management services provider GFM Services Bhd, formerly known as Asiaep Resources Bhd, has proposed to transfer from the ACE Market of Bursa Malaysia to the Main Market. In a bourse filing on Monday (Aug 14), the group said that it, and all its subsidiaries, have met the requirements for the proposed transfer.

By Reyanna Ng / theedgemalaysia.com

14 Aug 2023, 08:00 am

Meta Bright unit to provide RE solution to mining entityMeta Bright Group Bhd’s (MBGB) wholly owned subsidiary FBO Land (Setapak) Sdn Bhd has entered into a heads of agreement (HOA) with G.E. Mining Sdn Bhd for the proposed appointment of FBO Land to provide renewable energy solutions.

By Reyanna Ng / theedgemalaysia.com

14 Aug 2023, 08:00 am

Highlight

14 Aug 2023, 08:00 am

Removal of political uncertainty provides tailwind for equity markets — research housesThe political uncertainty in Malaysia have been lifted after the state polls, allowing investors to refocus on fundamentals and providing a tailwind to equity markets, research houses CGS-CIMB, RHB Investment Bank and Kenanga Research suggested.

By Reyanna Ng & Anis Hazim / theedgemalaysia.com

14 Aug 2023, 08:00 am

Strategy

14 Aug 2023, 08:00 am

RHB keeps ‘overweight’ on construction sector on status quo after state pollsRHB Research maintained its "overweight" rating of the construction sector, after the outcome of the state polls on Saturday (Aug 12) maintained the status quo for the state governments, and removed the political overhang over the sector. In a note on Monday, RHB Research said that the federal government will likely be in a stronger position to focus on rolling out programmes and implementing its reform agenda, which could lead to government jobs picking up pace in the coming months.

By Reyanna Ng / theedgemalaysia.com

14 Aug 2023, 08:00 am

11 Aug 2023, 08:00 am

Mi Technovation’s 2Q net profit up 21.8% on forex gain Mi Technovation Bhd saw its net profit for the second quarter ended June 30, 2023 (2QFY2023) rise 21.8% to RM22.73 million from RM18.67 million a year earlier, mainly underpinned by favourable foreign currency exchange.

By Reyanna Ng / theedgemalaysia.com

11 Aug 2023, 08:00 am

Malaysia should brace for potential US recession, China slowdown, says OCBC

Police to nab third ‘Tan Sri’ for questioning, following fresh arrests and RM347m seizure in MBI case — sources

Visa exemption for Chinese tourists extended for five years to boost economy — home minister

Palm oil demand from China, India may rise in next two months, support prices — MPOC

Reach Ten’s Main Market IPO shares oversubscribed by 1.85 times

Trump administration proposes shake-up of US State Department

US$50 bil finance deals defy global M&A gloom

Google paid Samsung ‘enormous sums’ for Gemini AI app installs

Tesla board gets an earful from state treasurers over Musk’s focus

Intel, Oracle raise concerns over US tariffs with PM — Zafrul

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