<div class=newsTextDataWrapInner><p>（吉隆坡27日讯）由于原棕油和鲜果串价格下跌，锦隆资源（Kim Loong Resources Bhd）第二季净利按年下降12.72%。</p></div>

<div class=newsTextDataWrapInner><p>该集团今日向大马交易所报备，截至7月杪2024财政年次季净利为4335万令吉，相比上财年同期的4967万令吉。</p></div>

<div class=newsTextDataWrapInner><p>次季营业额也从5亿6438万令吉，跌31.68%至3亿8561万令吉。</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>该集团宣布派发每股5仙的中期单层股息，除权日为10月25日，并将于11月15日支付。</p></div>

<div class=newsTextDataWrapInner><p>累积首半年净利为7487万令吉，较一年前的8890万令吉，下跌15.78%；营业额由10亿7000万令吉，挫33.69%至7亿1229万令吉。</p></div>

<div class=newsTextDataWrapInner><p>该股今日平盘收于1.84令吉，市值报17亿9000万令吉。</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>（编译：陈慧珊）</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><em>English version：</em><a href="https://theedgemalaysia.com/node/684151" target="_blank">Kim Loong’s 2Q net profit down 12.7%, dragged by lower CPO, fresh fruit bunch prices</a></p></div>


（吉隆坡27日讯）由于原棕油和鲜果串价格下跌，锦隆资源（Kim Loong Resources Bhd）第二季净利按年下降12.72%。

次季净利降12.7% 锦隆资源派息5仙

Analysts are looking past VS Industry Bhd’s (KL:VS) weak first-quarter results, amid expectations of new sales orders, on top of the RM1.2 billion worth of orders at hand currently.

Analysts look past VS Industry’s 1Q miss on optimism towards new orders

JOHOR BAHRU (Dec 4): Tropicana Corp Bhd (KL:TROP) has introduced Fraser Heights, the latest landed residential phase within its 313-acre Tropicana Uplands township in Johor.

Tropicana unveils Fraser Heights at Tropicana Uplands in Johor

What is the outlook for China’s semiconductor industry under the second Trump administration, which begins on Jan 20 next year?

Condivergence: Turbulent path for China’s semiconductors under Trump 2.0

SEOUL (Dec 4): South Korean lawmakers on Wednesday called for the impeachment of President Yoon Suk Yeol, after he declared martial law only to reverse the move hours later, triggering the biggest political crisis in decades in Asia's fourth-largest economy.

South Korean lawmakers call to impeach President Yoon after back-track on martial law

Mitsubishi Corp has suffered a loss of more than US$90 million (RM402.10 million) in China after uncovering suspected fraud by one of its copper traders, according to people familiar with the matter.

Mitsubishi Corp lost US$90m in suspected copper fraud in China — Bloomberg

Standard Chartered has announced its strategy to increase business growth, with targets to acquire US$200 billion (RM893.40 billion) in net new money over the next five years. The strategy was announced at the bank’s Affluent Investor Seminar on Tuesday.

Standard Chartered sets US$200b target in net new money and double-digit wealth growth over next five years

WASHINGTON (Dec 3): Meta said on Tuesday that it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the latest big tech company to take interest in atomic power, amid an expected boom in electricity demand.

Meta seeks nuclear power developers for reactors to start in early 2030s

BENGALURU (Dec 3): AT&T expects its free cash flow to be more than US$18 billion (RM80.41 billion) in 2027, the company said on Tuesday, as it detailed a three-year vision for the business to expand its 5G and fibre services across the United States.

AT&T expects over US$18b in free cash flow in 2027, driven by 5G, fibre expansion

Malaysians residing in or visiting South Korea are advised to exercise caution, and stay informed by adhering to any guidance issued by local authorities, said the Foreign Ministry.

M'sians in S Korea advised to exercise caution, register presence via e-Konsular, despite lifting of martial law

SEOUL (Dec 4): South Korea's finance ministry said on Wednesday that it is ready to deploy "unlimited" liquidity into financial markets if needed, after President Yoon Suk Yeol lifted a martial law declaration he imposed overnight that pushed the won to multi-year lows.

South Korea vows unlimited liquidity after political turmoil; BOK meets

<p>Here is a brief recap of the business news and corporate announcements that made the headlines on Tuesday.</p>


Binastra Corp, Mah Sing, T7 Global, JF Technology, VS Industry, Solarvest Holdings, Magni-Tech Industries

<p>SEOUL (Dec 4): South&nbsp;Korean lawmakers on Wednesday&nbsp;called for the impeachment&nbsp;of President Yoon Suk Yeol, after he declared martial law only to reverse the move hours later, triggering the biggest political crisis in decades in Asia's fourth-largest economy.</p>


<p>In October, the government announced incentives to jump-start the special economic zone in Forest City. One particular announcement that caught attention was the zero tax rate for family offices, a term rarely heard of in Malaysia as the regulatory framework for such firms did not exist. Essentially, family offices handle investment and wealth management for wealthy families.</p>


Rise of the family office

<p>KUALA LUMPUR (Dec 4): Tan Sri Halim Saad has been cleared by the Malaysian Anti-Corruption Commission (MACC) in a probe concerning a RM2.3 billion embezzlement case from 26 years ago, according to a statement to the media released by the tycoon on Wednesday.</p>


Halim Saad says he is cleared by MACC in embezzlement probe

<p>South Korean President Yoon Suk Yeol’s surprise decision to impose martial law in South Korea for the first time in more than 40 years — and then just as swiftly reverse course — sparked whiplash in the country’s foreign-traded assets and caught global markets off guard, at one point sending US Treasury yields lower as traders sought a haven from potential instability.&nbsp;</p>


South Korea’s whirlwind stint in martial law jolts markets

<p>Asian equities stumbled on Wednesday, while currencies were volatile, as traders scrambled to contend with the political storm in South Korea, where martial law was imposed and subsequently lifted hours later.</p>


Asian stocks slip, rattled by South Korean political unrest

<p>Financially distressed MMAG Holdings Bhd (KL:MMAG) has taken a step forward in its recovery efforts by securing a partnership with Malaysia Airlines Bhd.</p>


MMAG signs deal to serve as MASKargo's exclusive freighter operator

<p>Shares of JF Technology Bhd (KL:JFTECH) rose as much as 12 sen or 22.64% from their four-year lows, on news that the company will begin US sales from January 2025 by leveraging the distribution network of US-based Ironwood Electronics.</p>


JF Tech shares break out from four-year lows on US sales prospects

<p>KUALA LUMPUR (Dec 4): Garment manufacturer Magni-Tech Industries Bhd’s (KL:MAGNI) shares jumped in early trade on Thursday, after its second quarterly results came largely within analysts’ expectations.</p>


Magni-Tech shares jump in early trade on special dividends after 2Q came within expectations

<p>A rally that drove stocks to a series of all-time highs showed signs of exhaustion, with investors awaiting this week’s key jobs report and Jerome Powell’s remarks for clues on whether Federal Reserve (Fed) officials will cut interest rates in December.</p>

<p>Equities struggled to make much headway, following an over US$11 trillion (RM49.14 trillion) surge in the US equity benchmark this year that sent the gauge near overbought levels. With a negligible gain on Tuesday, the index notched its 55th record in 2024. Positioning in S&amp;P 500 futures is&nbsp;“completely one-sided”, according to Citigroup Inc’s Chris Montagu.</p>


S&P 500 ekes out gain to notch 55th record in 2024

<p>A slew of automotive companies across Europe have announced plant closures and big layoffs recently as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles.</p>


Europe's embattled auto sector plans plant closures and layoffs

<p>Donald Trump’s lawyers told a judge that his New York hush money conviction must be dismissed as a result of his election victory, arguing that the president-elect was unfairly targeted by prosecutors.</p>


Trump cites Biden pardon to get NY hush-money case tossed

<p>Malaysians residing in or visiting South Korea are advised to exercise caution, and stay informed by adhering to any guidance issued by local authorities, said the Foreign Ministry.</p>


<p>The US debt ceiling is once again emerging as the Federal Reserve (Fed) continues to unwind its balance sheet, putting the central bank in a tough spot — only this time it’s trickier.</p>

<p>The debt limit will be reinstated on Jan&nbsp;2, prompting the Treasury Department to deploy a series of extraordinary measures that include spending down its cash pile and reducing the amount of T-bills it issues to preserve its borrowing capacity.</p>


US debt ceiling to over complicate Fed’s balance-sheet runoff

<p>(Dec 3):&nbsp;Donald Trump Jr&nbsp;is joining the board of PSQ Holdings Inc, the owner of online marketplace PublicSquare, according to people with knowledge of the matter. The company’s shares more than doubled in New York trading.</p>


Donald Trump Jr to join board of ‘patriotic’ marketplace PublicSquare — Bloomberg

<p>KUALA LUMPUR (Dec 4): Preparations for the 2027 South East Asian (SEA) Games and upgrading of the Malaysia-Indonesia border in&nbsp;Sarawak are the topics set to be brought up at the Dewan Rakyat on Wednesday.</p>


Organising of 2027 Sea Games, upgrading Malaysia-Indonesia border topics in focus at Wednesday’s Dewan Rakyat sitting

<p>SEOUL (Dec 4): South&nbsp;Korea's finance ministry said on Wednesday that it is ready to deploy "unlimited" liquidity into financial markets if needed, after President Yoon Suk Yeol lifted a&nbsp;martial law declaration&nbsp;he imposed overnight that pushed the won to multi-year lows.</p>


<p>Mitsubishi Corp&nbsp;has suffered a loss of more than US$90 million (RM402.10 million) in China after uncovering suspected fraud by one of its copper traders, according to people familiar with the matter.</p>


<p>WASHINGTON (Dec 3): Meta&nbsp;said on Tuesday that it is seeking proposals from nuclear power developers to help meet its artificial intelligence&nbsp;and environment goals, becoming the latest big tech company to take interest in atomic power, amid an expected boom in electricity demand.</p>
