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Pecca Group to ride on Perodua Myvi and Toyota new model line-ups demand

Pecca Group to ride on Perodua Myvi and Toyota new model line-ups demand

KUALA LUMPUR: Pecca Group Bhd is expected to ride on the encouraging demand of the refreshed Perodua Myvi and Toyota new model line-ups, spurring demand for its leather seats. Affin Hwang Capital said Pecca Group is the largest automotive leather upholstery player in Malaysia, citing that more mainstream cars are featured with leather content in […]

February 20, 2018 | By | Reply More
Bermaz's Mazda vehicle sales could test historical high after strong CX5 demand

Bermaz's Mazda vehicle sales could test historical high after strong CX5 demand

KUALA LUMPUR: Sales of Mazda vehicles here by Bermaz Auto Bhd last month could test historical high levels of 1,300 to 1,400 units as orders resumed into the new year and given strong demand for the new CX5, MIDF Research said. This is despite Bermaz having raised the CX5 price by RM1,000 last month. MIDF […]

February 20, 2018 | By | Reply More
Mazda vehicle sales could test historical high after strong CX5 demand

Mazda vehicle sales could test historical high after strong CX5 demand

KUALA LUMPUR: Sales of Mazda vehicles here by Bermaz Auto Bhd last month could test historical high levels of 1,300 to 1,400 units as orders resumed into the new year and given strong demand for the new CX5, MIDF Research said. This is despite Bermaz having raised the CX5 price by RM1,000 last month. MIDF […]

February 20, 2018 | By | Reply More
PetChem Q4 earnings slightly up

PetChem Q4 earnings slightly up

PETALING JAYA: Petronas Chemicals Group Bhd’s net profit for the fourth quarter ended Dec 31, 2017 rose 1.8% to RM1.01 billion from RM987 million a year ago in line with higher earnings before interest, tax, depreciation and amortisation, partially offset by higher tax expense arising from recognition of deferred tax liabilities and higher depreciation at […]

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Singapore property developers fall after higher home purchase tax

Singapore property developers fall after higher home purchase tax

SINGAPORE: Shares of Singapore-listed property developers were among the top losers on the main index, following an increase in stamp duty on expensive home purchases that came into effect on Tuesday. The wealthy city-state will apply a new top marginal rate of 4% stamp duty on the portion of residential property value in excess of […]

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Asian markets dip as investors look for clues

Asian markets dip as investors look for clues

HONG KONG: Asian markets largely dipped Tuesday as holiday closures saw muted activity in Europe at the start of the week, with investors searching for trading leads. Tokyo fell 1.2% after three days of gains as a solid yen failed to soothe exporters’ concerns, with the currency trading at its highest level since late 2016. […]

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Ranhill share price slightly up on expansion of wastewater plant

Ranhill share price slightly up on expansion of wastewater plant

PETALING JAYA: Ranhill Holdings Bhd’s share price rose marginally this morning after its indirectly owned unit AnuRAK Water Treatment Facilities Co Ltd’s proposal for the expansion of the Amata wastewater treatment plant’s capacity from 10 million litres per day (MLD) to 15MLD received the green light from Thailand’s Amata Water Co Ltd. As at 11.04am, […]

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Zelan share price tumbles on higher losses in Q4

Zelan share price tumbles on higher losses in Q4

PETALING JAYA: Zelan Bhd’s share price hit a low of 11 sen this morning after its losses widened in the fourth quarter ended Dec 31, 2017 to RM59.10 million from a net loss of RM37.70 million a year ago, mainly attributable to RM43.4 million losses from the Meena Plaza project and higher unrealised foreign exchange […]

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Jaks share price down on dispute with Star Media Group

Jaks share price down on dispute with Star Media Group

PETALING JAYA: Jaks Resources Bhd’s (JRB) share price fell 2.72% this morning after its sub-subsidiary Jaks Island Circle Sdn Bhd (JIC) instructed solicitors to file with the High Court an injunction to stop Star Media Group from claiming a bank guarantee of RM50 million provided for under a joint development project in Seksyen 13, Petaling […]

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MCT share price unmoved by end of Regent Wise MGO

MCT share price unmoved by end of Regent Wise MGO

PETALING JAYA: MCT Bhd’s share price was unmoved by the closing of the offer by Ayala Inc Bhd’s unit Regent Wise Investments Ltd. Yesterday marked the end of the acceptance period for the mandatory general offer of 88 sen a share for the remaining interestRegent Wise does not own in MCT. Regent Wise and Ayala […]

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