Prime Minister Datuk Seri Anwar Ibrahim has cautioned against any attempts to challenge the government by organising protests against the Urban Renewal Bill (URA).

PM warns against leveraging Malay identities to disrupt urban renewal efforts

South Koreans gathered in huge numbers in the capital Seoul on Saturday to support or oppose impeached President Yoon Suk Yeol before a court decides whether his short-lived declaration of martial law disqualifies him from office.

Supporters, protestors rally across South Korea ahead of President Yoon's impeachment ruling

UK Prime Minister Keir Starmer called on Western nations to ramp up pressure on Vladimir Putin, saying Russia’s president will “sooner or later” have to engage in serious discussions over a ceasefire in Ukraine.

UK urges pressure on Russia if Putin balks at truce, calls for 'coalition of the willing' to support Ukraine

The US announced visa restrictions on current and former Thai officials involved in the return of 40 Uyghurs to China last month, a setback for the Southeast Asian nation striving to strike a balance between its two largest trade partners.

US slaps visa curbs on Thai officials for Uyghur deportation to China

Thailand aims to slash electricity costs by more than 25% by next year to emerge as a hub for data centres and artificial intelligence (AI) infrastructure, according to Thaksin Shinawatra, the de facto chief of the ruling Pheu Thai Party.

Thaksin vows cheaper power to turn Thailand into data centre hub

SpaceX founder Elon Musk said on Friday that Starship is set to depart for Mars at the end of next year, carrying Tesla humanoid bot Optimus.

Starship, carrying Tesla's bot, set for Mars by end-2026, says Musk

National energy firm Petroliam Nasional Bhd (Petronas) said on Saturday it is continuing discussions with multiple stakeholders, following a report that negotiations over the ongoing gas aggregator role with Petroleum Sarawak Bhd (Petros) have reached a deadlock.

Petronas says still in talks with Sarawak over gas aggregator role after media report on deadlock

Prime Minister Datuk Seri Anwar Ibrahim on Saturday launched the Mara Madani Waqf, aimed at strengthening the Malay and Bumiputera agenda in the country.

PM launches Mara Madani Waqf aimed at strengthening Malay, Bumiputera agenda

The Electric Train Service (ETS) has achieved another milestone in its effort to expand the country’s rail network, with the launch of operations between the Butterworth, Padang Besar and Segamat stations on Saturday.

KTMB launches ETS service to Segamat

The 46th Asean Summit is scheduled to take place from May 26 to 27, while the Asean Summit with Dialogue Partners is set for late October, said Foreign Minister Datuk Seri Mohamad Hasan.

Tok Mat: 46th Asean Summit in May, Summit with Dialogue Partners in October

<p>Chin Hin Group Property Bhd (KL:CHGP) has big plans this&nbsp;year. It aims to achieve a sales target of RM2 billion and expand into Melaka and Johor this year. In this week's cover story, &nbsp;Chiau Haw Choon, the group managing director of its parent company, Chin Hin Group Bhd (KL:CHINHIN), talks about the encouraging sales of RM1.3 billion last year and his target this year.&nbsp;Of the RM2 billion sales target, RM1.4 billion will come from existing projects and the remaining RM600 million from new launches. In addition, he unveils the developer’s plan to venture overseas after establishing a firm foundation in the domestic market.</p>


Upping its game

<p>Those who spent a lot of time in the UK or have a soft spot for its produce allsorts would be well familiar with Vimto, the Mancunian mixed soft fruit drink that has ingrained itself in — pun fully intended — British pop culture.</p>


Top of the pop

Pavilion Real Estate Investment Trust

(Sept 18, RM1.55)

Maintain hold with an unchanged target price of RM1.50: Pavilion Real Estate Investment Trust (Pavilion REIT) announced that it had entered into a conditional sale and purchase agreement with Equine Park Country Resort Sd...

Pavilion REIT announces SPA to acquire da:men USJ

RHB Capital Bhd
(April 8, RM 8.25)
Maintain add with a target price (TP) of RM10.50: On April 5, 2015, we wrote about the possible internal reorganisation of RHB Capital (RHBCap), which could include a rights issue. Our subsequent attempts to gather...

RHBCap may raise RM1b to RM3b from potential rights issue

MISC Bhd
(April 7, RM 8.98)
Reiterate add with target price of RM9.10: The P5+1 grouping (comprising the five permanent members of the United Nations Security Council, plus Germany) successfully entered into a historic framework deal last Thursday with Iran that pro...

An Iranian deal may be positive for MISC

Telecommunications sector
Maintain underweight: According to a leading English daily, Customs Department GST director Datuk Subromaniam Tholasy said several telcos are being investigated for increasing the price of prepaid top-up cards in light of the 6% goods and services...

Telcos face uncertainties over GST

Karex Bhd
(April 1, RM4.39)
Downgrade to hold with a target price of RM4.57: Karex announced that its wholly-owned subsidiary Karex Industries Sdn Bhd had entered into a sale and purchase agreement with Tropical Produce Company (Pte) Limited for the...

Karex looking to purchase two pieces of land for RM14.8m

Cypark Resources Bhd
(April 1, RM1.83)
Maintain add with a target price of RM2.37: Cypark’s revenue in the first quarter of financial year 2015 (1QFY15) grew by 16.4% year-on-year (y-o-y), driven mainly by strong performances from its landscaping an...

Cypark’s Ladang Tanah Merah landfill project to commence soon

Astro Malaysia Holdings Bhd
(March 31, RM3.20)
Maintain add with a slightly lower target price (TP) of RM3.70: Revenue in financial year ended Jan 31, 2015 (FY15) grew 9.2% year-on-year (y-o-y), driven by a 2% increase in pay-TV subscribers from 3.4...

Astro’s growth prospects intact

Heveaboard Bhd
(Mar 30, RM3.17)
Maintain add call with an unchanged target price of RM4.16: We like Heveaboard Bhd for its strong US dollar-driven earnings momentum and attractive valuations.

Heveaboard is trading at 0.9 times financial ye...

Heveaboard to acquire SHH Resources?

Hovid Bhd
(March 27, RM0.435)
Maintain hold call while lowered target price (TP) to 43 sen. While we continue to like its earnings growth prospects, we believe this has been priced in following the 24% surge in its share price since the beginning of...

Hovid to benefit from completion of new plant

Plantations sector
Maintain neutral: According to a Reuters report, Indonesian officials are preparing new rules for a charge of US$50 (RM184.35) on every tonne of crude palm oil (CPO) shipped at the zero export tax rate, with the funds going to help pay for biodiesel subs...

CIMB Research

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