Citaglobal seeking to boost civil engineering and construction earnings

Panasonic Malaysia’s 4Q earnings down 53%, declares 107 sen dividend

Nasdaq boosted by Nvidia, tentative debt deal cheer

MyEG net profit grew 25% in 1Q on better margins, fair value gains from investment in Agmo

Anwar: Govt committed to facilitating business activities, supporting domestic investments

Perzim targets 5m visitors to Melaka museums this year

US consumer confidence dipped in May, survey finds

T20 contributed 85% of personal income tax collected in 2022

Penang a sovereign state with indisputable legality, says Ramkarpal

Negeri Sembilan must expand agriculture sector, modern livestock farming to stimulate economy — Rafizi

Anwar lambasts Sanusi over claims Penang is Kedah's, tells him to understand Constitution

GENTING XINTIANDI Phase 1 targeted to launch mid-June, sales gallery unveiled on May 25

MACC believes Jho Low hiding in Macau — Al Jazeera

Alliance Bank sees 4Q net profit up 26% to RM130m, declares 10 sen dividend

BYD outbids Tesla to power Indonesian taxis

IHH Healthcare on the lookout for M&A deals, says group COO

Big Tech rally will only grow further as recession worries reign, investors say

Court allows judicial review of MACC order to freeze Bersatu accounts

Foreign cheap labour the biggest policy issue in Malaysia, says Andrew Sheng

GDEX launches new hub, seeks to return to the black in 2024

S P Setia Bhd
(April 15, RM3.46)
Maintain buy with a target price (TP) of RM4.10. S P Setia is set to enjoy lumpy contributions from its overseas projects (in Australia, Singapore and the United Kingdom) with RM1.5 billion and RM2.3 billion unbilled sales to be reco...

S P Setia on track to achieve RM4.6b sales target for FY15

Coastal Contracts Bhd
(April 9, RM2.90)
Maintain buy with target price (TP) of RM3.35: We cut our forecast financial year ending December (FY15F) and FY16F earnings after removing charter earnings from the jack-up drilling rig Coastal Driller 4001 (...

Coastal’s shipbuilding earnings intact with RM1.5b order book

Quill Capita Trust
(April 8, RM1.22)
Maintain hold with target price of RM1.25: After fulfilling the conditions precedent, Quill Capita Trust (QCT) is ready to recognise Platinum Sentral (PS) contributions from the second quarter ending June 30 of f...

Quill Capita Trust forward yield is attractive

Cahya Mata Sarawak Bhd
(April 3, RM4.70)
Upgrade to buy from hold with a target price (TP) of RM5.15: CMS has entered into a conditional share purchase agreement with the Sarawak government to acquire a 50% stake in Sacofa Sdn Bhd for RM186.8 millio...

Cahya Mata Sarawak to acquire 50% of Sacofa for RM186.8m

Hartalega Holdings Bhd
(April 1, RM8.36)
Downgrade to hold with a target price (TP) of RM8.45: Progress at Hartalega’s next generation complex (NGC) has been brisk, with six out of the 24 production lines (from Plants 1 and 2) having already started...

Hartalega’s share price has taken into account earnings prospects

Jaks Resources Bhd
(March 31, RM0.55)
Not rated, potential target price of 76 sen per share: Jaks Resources Bhd is principally involved in water supply, infrastructure construction projects, manufacturing pipes, and property development. The group h...

USJ1 launch and IPP projects additional kickers for Jaks

Pavilion Real Estate Investment Trust
(March 27, RM1.51)
Maintain hold call with an unchanged target price (TP) of RM1.55. While Pavilion REIT’s long-term growth prospects are anchored by potential injection of assets with right of first refusal (RO...

Pavilion KL mall’s occupancy expected to remain high at 9%

Malaysia Airports Holdings Bhd
(Mar 23, RM7.05)
Maintain hold with target price (TP) of RM6.60: Malaysia Airlines (MAS) plans to cut capacity by 10% in 2015, and gradually grow capacity by 6% to 8% per annum (pa) for domestic and Asean routes, and 5% pa for Asia-Pac...

MAHB to see slower Malaysian traffic in 2015

Sasbadi Holdings Bhd
(March 20, RM1.73)
Maintain buy with unchanged target price of RM2.25. On a recent visit to Sasbadi, management showcased its new products such as interactive bookmarks, and electronic tablets preloaded with 93 book titles designed for teacher t...

Sasbadi’s continuous innovation improving competitiveness

Berjaya Sports Toto Bhd 
(March 19, RM3.38)
Maintain hold with an unchanged target price of RM3.36. Stripping off an exceptional item attributed to the refund of RM18 million in stamp duty from the aborted listing of Sports Toto Malaysia Trust ...

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