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Viewing By Category : Malaysia Corporate Digest   |   No. of Articles : 160
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deleum

Deleum: Why This Market Leader With 70% High-Quality Income Is On Analysts’ Radar

Deleum was not spared from the sell-off in oil stocks. Yet, there was no noticeable damage to the firm, which went on to post record earnings. Does this represent an opportune time to invest?

  • Choo Hao Xiang
  • 28 April 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    FeaturedPic

    Maxis: Is A Payout Ratio Above 100% Sustainable?

    With a dividend payout ratio of more than 100% between FY10 and FY14, where does Maxis generate the extra cash from? Is such a move sustainable in the long run?

  • Tan Jia Hui
  • 21 April 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    sime-darby-generic

    3 Takeaways From Sime Darby

    Formerly known as Synergy Drive which was the result of a merger between three corporations in Malaysia, Sime Darby, Guthrie and Golden Hope, emerged the conglomerate, Sime Darby with five operating business segments…

  • Peter Ng
  • 14 April 2015
  • Malaysia Corporate Digest
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    Berjaya Food

    Berjaya Food Returns 86% In A Year, Is There Any Steam Left?

    Double-digit year-over-year gains since 2011 listing. Is it to be too expensive to make an entry or will investors miss the boat again?

  • Choo Hao Xiang
  • 31 March 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    Freight3

    3 Takeways From Freight Management Holdings

    The growing prevalence of online shopping is set to spur demand for speedy, efficient and safe delivery services. Freight Management Holdings is a one-stop logistics provider in Malaysia with a light-asset business model, so how is the company performing?

  • Tan Jia Hui
  • 24 March 2015
  • Bursa Malaysia, Malaysia Corporate Digest
  • Back to top
    innity

    3 Takeaways From Innity Corporation

    Innity Corporation owns a digital media network under the name of Innity Network, which provides a suite of online marketing solutions, from a host of digital advertising solutions to solutions that allow real-time bidding, for advertisers and publishers.

  • Peter Ng
  • 17 March 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    old-town-white-coffee (1)

    More Than 35% Market Share In Malaysia; Revealing The OldTown Magic

    OldTown is currently in our crosshairs as we see it ranking the highest in terms of ROE against Berjaya Food and Super Group. Oh and did we mention about its more than 35% market share strength?

  • Louis Kent Lee
  • 10 March 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    AWC image

    AWC: Cash 90% Of Market Capitalisation

    Cash is king. AWC’s cash pile accounts for nearly 90% of its market capitalisation. Good or bad?

  • Choo Hao Xiang
  • 03 March 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    Parkson4

    Parkson Holdings: Attractive Valuations At 10X PE?

    Faced with macro and micro headwinds, it is up to Parkson Holdings to show if they can adapt to the changing retail landscape. Is 10X PE on an ex-cash basis attractive enough?

  • Tan Jia Hui
  • 24 February 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    jobstreet

    JobStreet Corporation: Why It Sold 89% Of Its Net Profit Source

    Most folks would have probably come across the JobStreet.com platform during their quest of job searching which was founded by JobStreet Corporation. According to JobStreet Corp, it is one of the leading providers of online recruitment services in Southeast Asia (SEA) with an established presence in Malaysia, Philippines, Singapore and Indonesia. The platform houses a [...]

  • Peter Ng
  • 17 February 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    7 11

    Growing With The Market Giant; 7-Eleven Malaysia Holdings

    Operating within the standalone convenience store segment of the broader retail sector, 7-11 commands more than 80 percent market share in Malaysia

  • Louis Kent Lee
  • 10 February 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    Dutch lady

    Dutch Lady Milk Industries: Milking The RM3b Cash Cow

    Milk is an excellent source of nutrients and makes a significant contribution to meeting the body’s needs. Does the inclusion of a milk producer in a portfolio give the same results?

  • Choo Hao Xiang
  • 06 February 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    BAT6

    British American Tobacco (Malaysia): 98% Payout Ratio, A Good Dividend Play?

    Blue chip? Checked. High payout ratio? Checked. British American Tobacco (Malaysia) is a firm that has operated in Malaysia for more than a century, with the management committed to keep dividend payout above 90%, does the stock make a give dividend play for investors?

  • Tan Jia Hui
  • 27 January 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    Untitled

    Carlsberg Brewery Malaysia: Is 19.2X PE Expensive?

    Funds and institutions are fretting away from alcohol companies before the introduction of further duties on alcohol by the Malaysian government. Are they worth a closer look?

  • Peter Ng
  • 20 January 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    nestle_produkt

    Nestle: 4 Main Reasons Why it Will Be Still Be A Value Stock

    What do you say to a company that has 40% market share, has a consistent 60% and above ROE, and a dividend increase of some 143% from 2007 to 2013? We say we want to look at it. Now.

  • Louis Kent Lee
  • 13 January 2015
  • Bursa Malaysia, Malaysia Corporate Digest
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    Airasia now

    AirAisa’s Share Price Drops Close To 10%

    The disappearance of AirAsia’s aircraft since 28th December has seen its share price taking a hit of nearly 10% when the market opened on Monday, 29th December.

  • 30 December 2014
  • Corporate Digest, Malaysia Corporate Digest
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    Manulife2

    4 Investment Takeaways On Manulife Holdings

    Rising healthcare costs and awareness for the need for insurance has made insurance companies a defensive and lucrative business. But in such a competitive industry, how does Manulife fair?

  • Tan Jia Hui
  • 30 December 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    takaful malaysia 11

    Syarikat Takaful Malaysia: Is 7.7% Yield Sustainable?

    Traditionally, insurance companies pay out yields that are no larger than 2 or 3%, what if you are offered one which pays out more than twice of this amount?

  • Peter Ng
  • 23 December 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    Spritzer thumbnail

    Spritzer: Extending 13 Years Of Uninterrupted Growth

    Spritzer achieved uninterrupted revenue growth for 13 years straight. Will the company’s growth momentum continue?

  • Choo Hao Xiang
  • 18 December 2014
  • Malaysia Corporate Digest
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    KAREX BERHAD / PONTIAN

    21.6% Upside Potential For Karex Not Impossible

    When there’s a chance to look at the world’s largest condom manufacturer with a market share of some 10 percent globally at a reasonable price, we definitely pay attention. That’s why it is our 2nd stock we’ve picked for 2015. Have a closer look at this super strong stock with extremely hard moats. #SharesInvestmentStockPicks2015

  • Louis Kent Lee
  • 16 December 2014
  • Bursa Malaysia, Corporate Digest, Malaysia Corporate Digest
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    Bonia-fashion-store-by-Motto-Designs-Kuala-Lumpur-08

    3 Investment Nuggets On Bonia Corp

    Did you know Braun Buffel is owned by Bonia too? This quality leather goods maker has taken a hit of more than 40% in share price this year. Fundamentals still look very strong to us. Find out why we think this leather goods maker is here to stay.

  • Louis Kent Lee
  • 09 December 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    B6711

    Why Is OSK Still Cheap After A 35% YTD Gain?

    What are the upcoming two catalysts for OSK that makes the company look undervalued even after a more than 30% year-to-date gain?

  • Choo Hao Xiang
  • 02 December 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    Harta3

    Hartalega: 17% Rebound From Year Low, What’s Next?

    At 45,000 pieces/hour/line, Hartalega boasts the fastest nitrile glove production line, but does this efficiency translate to a better bottom line?

  • Tan Jia Hui
  • 25 November 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    digi

    DiGi Telecommunications: 4% Annual Dividends Made Easy

    After Warren Buffett’s Berkshire Hathaway bought into one of America’s leading telecommunications provider, Verizon Communications, is this the time to get into telcos?

  • Peter Ng
  • 18 November 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    Tenaga May Report 2012 Full-Year Loss on Higher Costs, CEO Says

    Tenaga Nasional Has Surged 41% In One Year, What’s Next?

    The largest electricity utility in Malaysia boasts 15 consecutive years of positive operating cash flows. Can it continue its impressive performance?

  • Shane Goh
  • 06 November 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    bursa malaysia

    3 Things You Should Know About Bursa Malaysia

    Bursa Malaysia has enjoyed strong growth in operating revenue over the last several years with a compounded annual growth rate (CAGR) of 10 percent from FY09 to FY13. In FY09, the company’s operating revenues came in at only RM297.8 million.

  • Brian Brinker and Ong Qiuying
  • 23 June 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb-mrt-tunnel

    3 Things You Should Know About Gamuda

    Gamuda has enjoyed strong revenue growth over the last five years. In FY09, the company pulled in RM2.7 billion and this revenue had grown to RM3.9 billion in FY13.

  • Brian Brinker and Ong Qiuying
  • 16 June 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    bukit_bintang

    Gamuda Will Benefit From Malaysia’s Rising Infrastructure Investments

    As Asia embarks on its growth trajectory, the demand for better economic and social infrastructure has also expanded in tandem. Gamuda is one such beneficiary of such phenomenon.

  • Brian Brinker and Ong Qiuying
  • 16 June 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    grid

    The Multi-Utilities Sector In Asia: Hot Or Not?

    The multi-utilities sector is a hot sector to be in right now. Emerging countries, especially in Asia, are investing massive amounts in utilities. It’s the kind of money you can’t ignore.

  • Brian Brinker and Ong Qiuying
  • 02 June 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    YTL PowerSeraya

    3 Things You Should Know About YTL Power International

    The last several years have been a period of strong growth for YTL Power. In FY09, the company brought in RM6.1 billion in revenue.

  • Brian Brinker and Ong Qiuying
  • 02 June 2014
  • Bursa Malaysia, Malaysia Corporate Digest
  • Back to top
    pavillion-reit

    Is 20% Return A Thing Of The Past For Malaysia’s Top Retail REIT? (Part 2)

    In its latest 1Q14 results, Pavilion REIT raked in gross revenue of RM101.2 million, lifted by a 7 percent jump in rental income to RM83.1 million. Revenue from its retail segment was up 7.2 percent for the quarter, despite a 3.6 percent dip in office revenues.

  • Brian Brinker and Ong Qiuying
  • 26 May 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb-pavilion-reit

    Is 20% Return A Thing Of The Past For Malaysia’s Top Retail REIT? (Part 1)

    The Malaysian Real Estate Investment Trust (M-REIT) market grew substantially in 2013 with the listing of KLCC REIT in May last year, but can it continue doing so?

  • Brian Brinker and Ong Qiuying
  • 26 May 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb - axiata p2

    Why The Smartphone Trend Is A Boom For Telcos Like Axiata (Part 2)

    At the moment, most research firms are giving Axiata a “Hold” rating, largely due to the uncertainty surrounding the recent merger of XL and Axis in Indonesia.

  • Brian Brinker and Ong Qiuying
  • 19 May 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb - axiata p1

    Could Smartphone Trends Boost The Saturated Telco Industry? (Part 1)

    Axiata Group is already one of Southeast Asia’s largest and most successful telecommunications companies. With mobile phone markets maturing, however, the company may struggle to sustain growth.

  • Brian Brinker and Ong Qiuying
  • 19 May 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    General Images Of Dairy Farm International Holdings Ltd. Outlets Ahead Of Annual Earnings

    Convenience Across The Causeway – 7-Eleven Malaysia IPO

    Everything comes at a price. How much would you pay for a cup of Slurpee in Malaysia?

  • Shane Goh
  • 09 May 2014
  • Featured, Malaysia Corporate Digest
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    IHH Healthcare 2

    IHH Healthcare: A Global Name In Medical Tourism (Part 2)

    IHH Healthcare’s revenues recorded a slight decline in FY13, dipping to RM6.8 billion from RM7 billion in FY12. Before tax profits actually recorded an even steeper decline.

  • Brian Brinker and Ong Qiuying
  • 05 May 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    IHH pic 1

    IHH Healthcare: A Global Name In Medical Tourism (Part 1)

    IHH Healthcare is now one of the world’s largest health care providers, with an impressive network of health care facilities spanning Europe, Asia, and the Middle East.

  • Brian Brinker and Ong Qiuying
  • 05 May 2014
  • Bursa Malaysia, Malaysia Corporate Digest
  • Back to top
    thumb- Residensi-22

    UEM Sunrise: Expanding Footprint Around The World (Part 2)

    UEM Sunrise enjoyed strong revenue growth in FY13, with revenue expanding from RM1.9 billion in FY12 to RM2.4 billion in FY13. In FY09, the company’s revenues were only RM346.3 million, so the group has certainly enjoyed a productive few years.

  • Brian Brinker and Ong Qiuying
  • 28 April 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    Around-the-World

    UEM Sunrise: Expanding Footprint Around The World (Part 1)

    UEM Sunrise is currently in the midst of an expansion across Malaysia, Southeast Asia, and even around the world. We look deeper into this company and see what financial muscles it is packing.

  • Brian Brinker and Ong Qiuying
  • 28 April 2014
  • Bursa Malaysia, Malaysia Corporate Digest
  • Back to top
    Question mark

    Sunway: Breaking New Horizons Or Facing Cloudy Days Ahead? (Part 1)

    With the Malaysian economy expected to grow at about 5% in 2014, what is in store for Sunway. the multi sector conglomerate that has a heavy focus in property development?

  • Brian Brinker and Ong Qiuying
  • 21 April 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb- cimb

    Why Malaysia’s Most Valuable Banking Brand Should Be On Your Radar

    Actively involved in ASEAN markets like Malaysian, Thailand, Indonesia, and Singapore, CIMB looks set to advance and become the most valuable banking brand to take on growth from this region.

  • Brian Brinker and Ong Qiuying
  • 14 April 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    maybank

    How Maybank Is Cashing In On The Regional Growth

    Maybank, one of South East Asia’s largest financial services firms, is no stranger to Malaysia. This giant has seen solid financial growth, and key plans ahead for this giant, show immense opportunities.

  • Brian Brinker and Ong Qiuying
  • 31 March 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb - bumi

    How Bumi Armada Is Riding The Boom In The FPSO Market

    As at 31 December 2013, Bumi Armada has a total order back log of RM22.1 billion, comprising of RM13.2 billion in firm contracts and RM8.9 billion in option extensions.

  • Brian Brinker and Ong Qiuying
  • 24 March 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb-dialog-group

    Dialog Group: Primed For Success Amid Surging Oil Industry

    The global oil industry is expected to grow in the years to come. With emerging markets generating increasing demand for oil, and already-developed countries still largely dependent on petroleum, demand for oil will remain high.

  • Brian Brinker and Ong Qiuying
  • 17 March 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    SapuraKencana-R

    20 “Buy” Recommendations On SapuraKencana

    SapuraKencana Petroleum is involved in a wide range of oil and gas services. The company is one of the most diversified operators within the sector and provides a host of services. As such, the company’s performance will be closely tied to the growth and performance of the oil and gas sector as a whole.

  • Brian Brinker and Ong Qiuying
  • 10 March 2014
  • Bursa Malaysia, Malaysia Corporate Digest
  • Back to top
    kossan2

    Why Kossan Is A “Buy” For Research Houses

    Kossan Rubber Industries specialises in the production of various rubber and latex products, especially as used in the health care industries, dentistry, and research.

  • Brian Brinker and Ong Qiuying
  • 03 March 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb - mbsb 1

    RM1b Pre-Tax Target; MBS Open To Become A Full-Fledged Bank

    Malaysia Building Society provides a variety of financial services and is in a good position to take advantage of Malaysia’s growing finance sector.

  • Brian Brinker, Daxx Chong, and Ong Qiuying
  • 24 February 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb - karex

    Why Durex’s Manufacturer Is Expected To Experience Further Growth; Karex

    Karex Berhad is well-positioned to take advantage of the world’s rising demand for condoms. The global condom industry is expected to grow at a steady rate in the years to come. In fact, global condom sales have risen by 7 percent for the last several years. In 2012, global condom market was 22.8 billion pieces.

  • Ong Qiuying and Brian Brinker
  • 17 February 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb - umw 2

    UMW OG’s Shares Up 58.2% Since Debut; Aims To Double Revenue In 5 Years

    Over the next five years, UMW Oil & Gas Corporation will be preparing to move towards deepwater activities, which is its ultimate target.

  • Ong Qiuying and Brian Brinker
  • 10 February 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb - astro

    Astro Malaysia: Broadcasting Strong Growth Well Into The Future

    Astro Malaysia has enjoyed strong growth in subscribers over the last few years and should be able to maintain growth through 2014. Most brokerage firms are advising investors to either hold or buy Astro.

  • Brian Brinker
  • 27 January 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb - mbm

    MBM Resources: Gearing Up For Growth

    The automotive sector under the consumer services industry is set to see another good year despite challenging times on top of the estimated 3.2 percent year-on-year growth in 2013.

  • Ong Qiuying
  • 20 January 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    thumb genting

    Bright Spots In Malaysia’s Consumer Industry: Genting Malaysia

    Both Maybank Investment Bank and Hong Leong Investment Bank are “Overweight” in the gaming arena, highlighting Genting Malaysia with the best starting hand this year.

  • Ong Qiuying
  • 13 January 2014
  • Bursa Malaysia, Malaysia Corporate Digest
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    74 - Corporate Digest - IJM (Translated Article 4)

    IJM’s Move To Unlock Value Welcomed

    Analysts approve of IJM’s divestment of its holdings in underperforming Konsortium Pelabuhan Kemaman Sdn Bhd, and are also optimistic about the company’s ability to focus on expanding the Kuantan Port and the company’s potentials.

  • 26 June 2013
  • Malaysia Corporate Digest
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    74 - Corporate Digest - Hong Leong Financial Group

    Hong Leong Financial Group Looks Good To Be Taken Private

    Hong Leong Financial Group has been abuzz with the privatisation move that may or may not take place. The previous two privatisation bids within the Group, namely Hong Leong Capital in January 2013 and Guoco Group Ltd in December 2012 did not materialise.

  • 26 June 2013
  • Malaysia Corporate Digest
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    74 - Corporate Digest - Bina Puri

    Weaker Short-Term Results Looming Over Bina Puri

    The announcement of another delay in the KLIA2 project has placed Bina Puri Bhd under the spotlight as Malaysia Airports Holdings seeks to impose liquidated and ascertained damages on responsible parties.

  • Sia Chong Aik
  • 24 June 2013
  • Malaysia Corporate Digest
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    73- Corporate Digest - Gas Malaysia

    Some Positives For Gas Malaysia

    Gas Malaysia Berhad (SYM: 5209) provides efficient, clean and uninterrupted energy supply for around 33,444 residential and commercial customers as well around 698 industrial customers.

  • 22 May 2013
  • Malaysia Corporate Digest
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    Coffee, Newspaper and Mouse on Desk

    Nestlé Well On Pace For Continued Growth

    Quite recently, Nestlé (Malaysia) Berhad [SYM: 4707] earmarked more than RM200 million as capital expenditure to boost its operation in FY13, 25 percent higher than the capex amount in FY12.

  • 20 May 2013
  • Malaysia Corporate Digest
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    72 - Corporate Digest - Mah Sing

    Mah Sing Group Net Profit Revised Upward By 2%

    With more than 40 property developments underway, Mah Sing Group further expanded its land bank with a recent acquisition at a price that brokers felt was not only reasonable but also sufficient to meet future demands.

  • 22 April 2013
  • Malaysia Corporate Digest
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    OLYMPUS DIGITAL CAMERA

    The Spotlight Shines On WCT Berhad Prior To The GE

    WCT Berhad (SYM:9679) was the talk of the market in the second trading week of the month of April 2013, when news spread that it lost a major contract in Oman, namely the RM1 billion Batinah expressway project.

  • 22 April 2013
  • Malaysia Corporate Digest
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    Picture of a pen and smartphone on a stock chart.

    The Road Ahead For Celcom Axiata

    It could not have been better news for CelcomAxiata Berhad when the telecommunications provider posted its highest ever earnings before interest, taxes, depreciation and amortisation amounting to RM3.45 billion for financial year 2012, a rise of 7.1 per cent from RM3.2 billion in 2011.

  • 18 March 2013
  • Malaysia Corporate Digest
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    Fast learning concept: businessman reading a book

    Eversendai In Solid Position For Key Contracts

    Eversendai had successfully clinched its second project for the current fiscal year worth US$ 28.5 million (RM 87.3 million). Brokers are bullish that the company not only has a firm market presence in the Commonwealth of Independent States, it is also expected to participate in the 2022 Qatar World Cup infrastructure projects.

  • 18 March 2013
  • Malaysia Corporate Digest
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    70 - Corporate Digest - DiGi

    Digi Suffers A Slight Hiccup

    DiGi.Com Bhd reported solid growth in 2012, driven by continued good uptake for its mobile Internet services, but it still fell short of analysts’ expectations. Its mobile Internet customers did increase from 5.2 million to 5.7 million, with mobile data revenues accounting for 32.7 per cent of the group’s overall service revenues.

  • 27 February 2013
  • Malaysia Corporate Digest
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    70- Corporate Digest - MAS

    Turnaround Plan Sees MAS Back On Track

    Following a stellar operating figures for December 2012, analysts are optimistic that Malaysian Airlines is back on track and are expecting its core profit for the fourth quarter of fiscal year 2012 to hit RM 12.8 million, as well as a chance for its shares price to rebound once its plan to issue supplementary shares is completed by April.

  • 25 February 2013
  • Malaysia Corporate Digest
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    70- Corporate Digest - CIMB

    CIMB Works On A Dividend Reinvestment Scheme

    On January 18 this year, CIMB announced measures to put in place a dividend reinvestment scheme as part of its capital management tool to strengthen capital.

  • 25 February 2013
  • Malaysia Corporate Digest
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    Concept of a plant and a lot of golden coins isolated on white background

    New Developments In DRB Hicom, Excite Analysis

    Investors were treated to some exciting news from the media recently when it was announced that DRB-HICOM might be taken private by Tan Sri Syed Mokthar Al Bukhary, who controls some 55 percent of the company.

  • 23 January 2013
  • Malaysia Corporate Digest
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    Traffic Queue Malaysia

    New Almera Gives Tan Chong A Boost

    The launch of the Almera saloon in November last year has brought positive news to Tan Chong Motor Holdings Berhad. Brokers believe that apart from chalking up a record 50,000 units of Nissan cars to be sold this year, Tan Chong looks set to having its investment rating reevaluated very soon.

  • 22 January 2013
  • Malaysia Corporate Digest
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    69-Perspective - Telcos

    Slow LTE 4G Take-Off In Malaysia, Likely

    The Government has recently issued operating licenses of the LTE 4G network. However, brokers believe that the initial launch of the service is expected to provide limited coverage and will be concentrated in the urban areas.

  • 22 January 2013
  • Malaysia Corporate Digest
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    Fast learning concept: businessman reading a book

    Japan Tobacco’s Faces Tough Market Conditions Ahead

    With increasing competition in the market, coupled with price increases and the rebranding of the Mild Seven moniker, brokers feel that Japan Tobacco International (JTI) is facing a rough ride ahead.

  • 19 December 2012
  • Malaysia Corporate Digest
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    68-Corporate Digest - KLCCP REIT (1)

    KLCCP REIT Plan Draws Market Attention

    Although there have been many detractors to the proposal by KLCC Property Holdings Berhad’s (KLCCP) to introduce a “stapled REIT”, quite a few analysts see it as having potential for future earnings.

  • 18 December 2012
  • Malaysia Corporate Digest
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    Fast learning concept: businessman reading a book

    Upward Revision Of SapuraKencana’s Financial Forecast

    By Cecilia Kong When SapuraKencana Petroleum announced in early November that it had been awarded 2 contracts worth a total of RM 835.8 million, the news pleasantly surprised brokers. On top of that, the company’s strong engineering orders also led brokers to upgrade their earnings forecast for the company. TA Securities revised its estimates for [...]

  • 20 November 2012
  • Malaysia Corporate Digest
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    66-Corporate Digest - Maybank

    Is Maybank Planning A Regional Expansion Programme?

    Early in March this year, Maybank obtained approval for its private placement exercise during its Annual General Meeting (AGM).

  • 24 October 2012
  • Malaysia Corporate Digest
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    66-Corporate Digest - FGV

    FGV Yet To Reveal Details Of Joint Ventures With Myanmar

    Felda Global Ventures (FGV) announced it has signed a memorandum of understanding with Burmese company Pho La Min Trading, to explore business opportunities in rubber, sugar and oil palm production.

  • 23 October 2012
  • Malaysia Corporate Digest, Malaysia Edition
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    thumb-65-chess

    Estate Planning For Sdn Bhd Shareholders

    Wisdom doesn’t automatically come with old age. Nothing does – except wrinkles.

  • 28 September 2012
  • Malaysia Corporate Digest
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    thumb-65-cars

    MBM Resources Looks Stable In The Automotive Sector

    After starting out as a private limited company in 1993, MBM Resources Berhad (MBM Resources) became a public limited company in 1994.

  • 27 September 2012
  • Malaysia Corporate Digest
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    thumb-hand-shake

    IJM Plantations Yields Set To Stabilise With 95% Acquisition Of KBSA

    IJM Plantations recently announced its acquisition of a 95% stake in East Kalimantan agriculture company, Karya Bakti Sejahtera Agrotama (PT KBSA) for about RM 7.7 million.

  • 26 September 2012
  • Malaysia Corporate Digest
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    my-64-thumb-drb

    DRB Moves Ahead As Part Of Its Regional Strategy

    DRB Hicom [SYM: 1619] is progressing well, from a local manufacturer and assembler of vehicles to a regional player.

  • 29 August 2012
  • Malaysia Corporate Digest
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    my-64-thumb-private

    Private Placement To Raise Funds For Land Acquisitions

    Hua Yang [SYM: 5062] has reported a net profit of RM16.5 million in the first quarter of 2013.

  • 24 August 2012
  • Malaysia Corporate Digest
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    Bursa’s Expansion Ventures Need To Be Balanced With Its Regulatory Role

    Lately, Bursa Malaysia [SYM: 1818], has been making waves not only in the domestic market but also taking the world by storm.

  • MIGB
  • 27 July 2012
  • Malaysia Corporate Digest
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    Strong Demand And Economic Development Raise Hope For Higher Dividends From Gas Malaysia

    Even though prices for natural gas is set to multiply, strong market demand as well as economic development that favour the oil and gas industry have prompted brokers to remain optimistic about Gas Malaysia’s [SYM: 5209] operations and profit outlook.

  • 26 July 2012
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    Gas Malaysia And Malakoff Listing Boosts MMC’s Outlook

    Despite all the doom and gloom in the global markets due to the Greek debt crisis and the possibility of the nation’s exit from the Eurozone, MMC Corporation [SYM: 2194] remained unperturbed with its listing plans. During the last week of the month of May, the company offered approximately 25.7 million shares of its 41.8 percent owned subsidiary, Gas Malaysia [SYM: 5209] to the public during its listing exercise. It was a successful exercise, with offered shares being oversubscribed by 21.6 times.

  • 26 June 2012
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    Multi Purpose Holdings Attracts Investor Attention

    Multi Purpose Holdings (MPH) [SYM: 3859] excited investors with news that it was planning to demerge its gaming and non-gaming businesses by transferring the latter to a special purpose vehicle (SPV) which will be offered for sale to entitled MPH shareholders.

  • 26 June 2012
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    Felda Global’s Listing Set To Be The Biggest In Asia

    Felda Global Ventures Holdings (FGVH), a subsidiary of the Malaysian Government owned Federal Land Development Authority (Felda), is to be listed in a ceremonious US$2 billion (RM6.05 billion) affair, expected to be the largest in Asia this year.

  • 24 May 2012
  • Malaysia Corporate Digest
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    Oversupply Depressing Rental, Limits Growth Of Quill Capital

    Though the freshly-released results for its first quarter of fiscal year 2012 were good, brokers opined that Quill Capital’s growth rate would not be attractive as compared to its competitors.

  • 24 May 2012
  • Malaysia Corporate Digest
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    Two Sides To The RHB-OSK Merger Story

    On 27 April 2012, it was confirmed that RHB Capital [SYM: 1066] and OSK Holdings [SYM: 5053] have obtained the finance ministry’s approval to merge RHB’s banking group with OSK’s investment bank. Interestingly, the deal with OSK will enable RHB, Malaysia’s fifth-biggest banking group by assets, to capture the top slot from CIMB Group [SYM: 1023] in the domestic stockbroking business.

  • 24 May 2012
  • Malaysia Corporate Digest
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    Astro’s Relisting Sends Experts Guessing Ananda Krishna’s Next Move

    Analysts believe that the planned re-listing of Astro All Asia Network Plc is expected to only involve its domestic business in an attempt to prevent any association to the troubles the company has with its joint-venture operations in Indonesia. They opine that Astro could raise as much as RM4.6 billion from the initial public offering which is expected to take place towards the end of the year. However, this figure is much smaller than the RM8.5 billion tycoon Tan Sri Ananda Krishnan spent to take the company private some two years ago.

  • 24 May 2012
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    DBS’ Potential Entry Into Malaysia Part Of Bigger Regional Strategy

    Not many noticed it. Sometime early this year, DBS Group Holdings quietly exited its Malaysian venture with Hwang-DBS Investment Management by selling its 30 percent stake to Nikko Asset Management Asia.

  • 30 April 2012
  • Malaysia Corporate Digest
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    IPO Gives Elevator Manufacturer EITA Resources A Boost

    EITA Resources received an initial boost from its entry into Bursa Malaysia as it recorded a 7.9 percent gain over its initial public offering (IPO) price. Notwithstanding its product quality, market demands and an outstanding management team, brokers believe the newly listed company will not only do well in its core business, but will also provide investors with a good investment choice.

  • 30 April 2012
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    Silver Bird Falls Deeper Than Expected Into The Woods

    Things did not look right when Silver Bird Group [SYM: 7136] announced that the company would not be able to meet the stipulated 29 February deadline for the issuance of its audited financial statements for the year ended 31 October 2011 on 24 February this year.

  • 30 April 2012
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    CIMB Aims For Regional Expansion With RBS Buy

    The CIMB Group [SYM:1023] has announced the acquisition of Royal Bank of Scotland’s (RBS) cash equities and associated investment banking businesses in Asia Pacific for RM849.4 million.

  • 30 April 2012
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    PPB Group To Focus On Its Core Businesses This Year

    PPB Group, the Kuok Brothers controlled company; would be focusing more on the flour business this year. It is expected to spend as much as RM250 million to build new flour mills. Its chief financial officer Leong Choy Ying Leong said about RM355 million will be allocated for its flour milling arm, FFM Bhd. The company is looking to invest a 20% stake in flour mills located in China, pending local authorities’ approval.

  • 26 March 2012
  • Malaysia Corporate Digest
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    Disappointing Performance In FY11 Poses Challenges For MayBulk

    Maybulk announced earlier that its full-year net profit for the FY11 was RM91,309,000, which represented a y-o-y decline of 61.7 percent, compared to its full-year performance of RM 238,368,000 last fiscal year. Its full-year turnover was RM256,309,000, which was 36.6 percent lower than the RM 442.5 million of FY10.

  • 26 March 2012
  • Malaysia Corporate Digest
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    MAS Records The Greatest Loss In Its Corporate History

    At the end of February this year, Malaysian Airline System Bhd (MAS) announced a net loss of RM2.52 billion on the back of RM13.9 billion in revenue, the largest loss the company has ever recorded in its entire history as Malaysia’s primary flag carrier.

  • 26 March 2012
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    SP Setia In The Spotlight Again

    The joint offer of RM3.95 per share by SP Setia Berhad CEO, Tan Sri Liew Kee Sin and Permodalan Nasional Berhad (PNB) to acquire shares of the company has been given a “not fair and not reasonable” classification by the independent adviser, AmInvestment Bank.

  • 26 March 2012
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    Boustead Moves Ahead In 2012

    Late last year, Boustead Holdings [SYM: 2771] Deputy chairman and group managing director Tan Sri Lodin Wok Kamaruddin announced that the group would be doubling its capital expenditure (Capex) to RM1.4 billion this year, from the RM500 million it spent in 2011. He only gave an indication that 30% of the money would be spent on plantations while about RM95 million would be used to upgrade and expand its pharmaceutical manufacturing plants.

  • 23 February 2012
  • Malaysia Corporate Digest
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    Wah Seong Should Have Its Hands Full In 2012

    Wah Seong Corporation (Wah Seong) [SYM: 5142] has been in the news lately, due to the likelihood that it will be awarded some sizeable contracts in Malaysia and aboard. Founded in 1994, Wah Seong has been a success story in the oil and gas industry. The Group has since grown from being a mid-sized Malaysian enterprise to one that is a major Asian oil and gas service provider today.

  • 22 February 2012
  • Malaysia Corporate Digest
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    Genting Benefiting From Its Various Markets

    Although it has often been said that the opening of Resorts World Sentosa (RWS) and Marina Bay Sands (MBS) would shrink the income of Resort World Genting (RWG), it was not an entirely accurate statement.

  • 13 February 2012
  • Malaysia Corporate Digest
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    Rosy Outlook With Liew Kee Sin Staying On After Joint Acquisition Of SP Setia

    With SP Setia’s CEO Tan Sri Liew Kee Sin staying on, the initial confrontational atmosphere surrounding the acquisition of SP Setia by Permodalan Nasional Berhad (PNB) is slowly but surely being dispelled. Things are looking even better when PNB and Liew Kee Sin announced later that they will jointly acquire SP Setia and will also raise the purchase price. Brokerage firms are optimistic that not only will the acquisition be completed successfully, SP Setia will continue to thrive and flourish, backed by the financial might of PNB.

  • 11 February 2012
  • Malaysia Corporate Digest
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    Could Proton Fit Into The DRB-HICOM Mould?

    The clouds have finally cleared on the identity of the successful bidder for Khazanah’s 42.7% stake in Proton (SYM: 5304). It was none other than the DRB-HICOM group (SYM: 1619), the company that was once the owner of the car brand decades ago. The company’s latest offer of RM5.50 per share or a price of RM1.29 billion was deemed the best offer even though it was lower than the RM8.00 Khazanah paid back when it bought the shares. However, it is still much better than the RM2.50 to RM3.00 value that the shares were trading for most of last year, although it did pick up to hit between RM5.28 to RM5.46 after news of the disposal of Khazanah’s stake was announced, about a month ago.

  • 09 February 2012
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    Sunway Strengthens Its Play For 2012

    Sunway has made the news by entering into a joint venture (JV) to acquire two parcels of land totalling 691 acres. The land is worth RM745.3 million and is located in Medini Iskandar. Its JV vehicle with Khazanah Nasional, will be known as Semerah Cahaya (SC). Sunway will own 38% stake in the JV Company.

  • 12 January 2012
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    Proton: As Seen Through A Clear Lens

    Maybe one could say the “Look East Policy” was a blessing in disguise for Malaysia as it brought about much needed growth and progress to the nation in the 1980’s and the early 1990’s, especially since it was modelled after the successful Japanese industrialisation boom that made “The Land Of The Rising Sun”, the pride of Asia then.

  • 12 January 2012
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    Economic Slowdown Casts Doubt On MAS’ New Plans, Future In Question

    Malaysia Airlines (MAS) recently announced its second business transformation plan. Analysts, however, are doubtful that this new initiative will be enough to rescue the company in the short run given the volatile global economy, the reluctance of financiers coming to its rescue over doubts about the returns, as well as the multitude of difficulties in implementing the business transformation plan.

  • 28 December 2011
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    A Case Of Sharing The “burden”

    Off late, we have been reporting about Tenaga Nasional Berhad (TNB) [SYM:5347], less so about energy generation or distribution, but rather more focused on its continued earnings weaknesses and its inability to do anything about the rising gas prices and the effects on its bottom line.

  • 28 December 2011
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    KLIA 2 – the World’s Largest LCCT Draws Mixed Reviews

    For long, Malaysia has been one of the few countries in the world that had a faster growing and more dynamic low cost carrier (LCC) (AirAsia [SYM:5099]) than its main carrier (Malaysia Airlines – MAS [SYM:3786]). As a result of this LCC boom, the current terminal (which is actually a converted warehouse) cannot cope with the rapid growth experienced by AirAsia and other regional carriers plying the route.

  • 28 December 2011
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    Bumi Armada Aiming High

    Bumi Armada [SYM: 5210] has been creating waves in the local market with its lightning speed moves after the success of its listing on July 20, 2011 on the Malaysian exchange.

  • 27 December 2011
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    Outlook For AirAsia Remains Positive As Profitable Subsidiaries Go Public

    Although the third quarter results of AirAsia were below or at most in line with expectations, its aggressive expansion strategy as well as the impending listing of its subsidiaries (AirAsia Indonesia and AirAsia Thailand) have paid off.

  • 03 December 2011
  • Malaysia Corporate Digest
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    Pavilion REIT – A Prime Investment Opportunity

    Pavilion REIT Management launched the prospectus of Pavilion Real Estate Investment Trust (Pavilion REIT) recently, pursuant to its initial public offering (IPO) of 790 million units, in conjunction with its proposed listing on the Main Market of Bursa Malaysia Securities on 7 December 2011.

  • 03 December 2011
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    F&N And Nestlé’s Results Within Expectations, Outlook Cautiously Optimsitic On Higher Material Cost

    Fraser & Neave Holdings (F&N) and Nestlé, which are both in the food and beverage sector, are facing the risks of higher raw material costs and consumers’ confidence taking a turn for the worse.

  • 25 November 2011
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    Maybank Profit Surges To Record, Boosted By Kim Eng Earnings

    Malayan Banking Bhd., Malaysia’s biggest lender by assets, said first-quarter profit rose 25 percent to a record, boosted by higher net interest income and fees following its takeover of Kim Eng Holdings Ltd..

  • Bloomberg
  • 24 November 2011
  • Malaysia Corporate Digest
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    Malaysia’s Pavilion REIT Seeks Mall Acquisitions Around Asia

    Pavilion Real Estate Investment Trust, a Malaysian shopping mall trust part-owned by the Qatar Investment Authority, is seeking acquisitions within the country and throughout Asia to expand.

  • Bloomberg
  • 24 November 2011
  • Malaysia Corporate Digest
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    Malaysian Resources Corporation “Flexes” Its Project Muscles

    As the name suggests, Malaysian Resources Corporation Berhad (MRCB) is a property development and investment company. The Group is one of the largest developers of residential, commercial and industrial properties in Malaysia.

  • 23 November 2011
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    Pavilion Reit IPO – Things You Should Be Aware

    It has been sometime since I last updated my blog as I have been busy attending results briefing during the recent results season. Some of my clients have asked me on this Pavilion Reit IPO and I have summarized the pertinent points on this IPO in this writeup.

  • Ernest Lim
  • 22 November 2011
  • Malaysia Corporate Digest
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    Axis Reit To Raise Funds For Acquistions

    It has been a rather dynamic year for Axis REIT this year, as it has completed two asset acquisitions and proposed one new acquisition, with indications that another acquisition is likely to follow by end 2011.

  • 21 November 2011
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    Supermax Results In Line With Expectations: Stability In Latex Prices And Exchange Rates Translate To Higher Turnover

    Brokerage firms felt that with the stabilisation of latex prices and the exchange rates between Ringgit and the US dollar, coupled with rising sales figures, Supermax Corporation’s performance over the first three quarters of 2011 appears to be moving in line with forecasts.

  • 10 November 2011
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    Boustead Bounces Back

    Boustead Holdings was in the limelight recently when its land reclamation deal in Penang was withdrawn by the Penang state government.

  • 09 November 2011
  • Malaysia Corporate Digest
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    OSK Investment-RHB Cap Merger – Size or Strategic Reasons?

    Late on September 29, 2011, just when investors and analysts were wondering whether there would be any positive market movements the following week, after continuous negative news from the US and European markets made regional markets gloomy – a rather surprising news surfaced that made analysts sit up and notice.

  • 27 October 2011
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    The SP SETIA Takeover Saga Revealed

    SP Setia became the latest target of takeover after a mandatory general offer by Government owned Permodalan Nasional Berhad (PNB), to acquire the former at RM3.90 per share and 91 sen per warrant.

  • 25 October 2011
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    Telekom Malaysia “Boosts Its Speed” To Stay Competitive

    It is estimated that 57 percent of Malaysia’s households already have access to broadband networks. This is based on research conducted by the Malaysian Communications and Multimedia Commission (MCMC) to track broadband usage in the country.

  • 25 October 2011
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    WCT Clinches KLIA2 Project; Recurring Income Set To Grow

    Malaysia Airports Holdings has decided to award the Integrated Complex project within the Greater Kuala Lumpur International Airport 2 (KLIA2) to WCT under the Build, Operate and Transfer (BOT) concession model.

  • 18 October 2011
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    Sime Darby Gets Unwarranted Attention

    On a warm sunny day in late August 2011, Sime Darby made an announcement that seemed ordinary at the time, but, it created a stir among investors and analysts nevertheless.

  • 18 October 2011
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    San Miguel Close To Securing ESSO Malaysia’s Downstream Activities

    In what was dubbed as a major coup by a South East Asian company in the Malaysian petrochemicals scene; Philippines conglomerate, San Miguel Corporation outbid about 20 companies, including 7 Malaysian firms, to secure the 65 percent stake of Exxon Mobil Corporation in Esso Malaysia Berhad as well as other businesses of theirs in the petroleum downstream sector. Under the deal, San Miguel will also buy unlisted ExxonMobil Malaysia Sdn Bhd (EMMSB) and ExxonMobil Borneo Sdn Bhd (EMBSB) and their business of marketing petroleum products, for a combined offer of RM1.82 billion (US$0.61billion).

  • 28 September 2011
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    Sunway Suffers Jittery Debut Despite Strong Expectations

    In a sign of the times, Sunway fell short of expectations when it closed at RM2.49 on its debut on the FBM KLCI, Tuesday August 23, 2011. It was essentially 31 sen lower than the reference price of RM2.80. Analysts believed it was a sign of the nervous state of the world economy and the less than expected performance of the Malaysian economy of late.

  • 28 September 2011
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    Petronas Dagangan Shows A “Stellar Performance”

    Things seem to be looking bright for Petronas Dagangan Berhad (PDB). It has consistently been the best-performing stock in the benchmark FBM KLCI this year.

  • 28 September 2011
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    Genting 2Q Net Profit Falls 8.9%; Cautious On Outlook

    Malaysia – based casino operator Genting said its fiscal second-quarter net profit fell 8.9% as profit at its leisure- and-hospitality division slid, and it gave a cautious view on the industry due to uncertainties in the global economy.

  • 15 September 2011
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    MAS Incurs Losses Of RM500m In 2Q; Repositioning Strategy Meets Scepticism

    Troubled national carrier Malaysian Airline System (MAS) faced a huge loss of RM500 million in the second quarter, plagued by soaring oil prices and rising staff salaries.

  • 15 September 2011
  • Malaysia Corporate Digest
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    Domestic Taxes May Offset European Cup Factor – Cautiously Optimistic Outlook For Guinness Anchor

    G­uinness Anchor announced its Q4 2011 fiscal year (ending June 30, 2011) and full year results on 4 August. Apart from a full-year net profit of RM181 million (higher than the same period of the previous fiscal year by 19%), its annual total dividend payout ratio of 54 sen was much applauded by brokerages.

  • 31 August 2011
  • Malaysia Corporate Digest
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    Air Asia And MAS To Collaborate – Would There Be A New Regional Airline Powerhouse?

    After days of speculation, Malaysia Airlines (MAS) and Air Asia finally announced a deal worth over RM2 billion that will see the two rivals join forces to grow the Malaysian airline industry. In a press conference held after 3.30pm on Tuesday 9 August 2011, Tune Air and Khazanah Nasional, the major shareholders of Air Asia and MAS respectively, agreed on a share swap deal. As a result of this deal, Tune Air will hold 20.5% of shares in MAS while Khazanah will hold 10% of shares in AirAsia.

  • 29 August 2011
  • Malaysia Corporate Digest
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    Malaysia Smelting Corporation Banks On History

    There are quite a few companies left in Malaysia with strong historical significances. One such company is Malaysia Smelting Corporation (MSC), a 55% owned subsidiary of Singapore listed The Straits Trading Company (STC). The company has been in operation since 1902, at a time when the economy of Malaya (now Malaysia) was still very much dependent on tin. Today, the company is listed on the Main Board of Bursa Malaysia (since 15 Dec 1994) and the Singapore Exchange (via secondary listing since 26 Jan 2011), with a combined capital base of 100 million issued shares (from 75 million shares prior to the secondary listing).

  • 29 August 2011
  • Malaysia Corporate Digest
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    IJM Corp Capitalising Well On Existing Opportunities

    Following its merger with Road Builder (M) Holdings in early 2007, IJM Corp fully owns and operates two urban toll concessions in Malaysia, namely the Sungai Besi Highway and New Pantai Highway. IJM Corp has slowly been growing its projects portfolio even if the growth is not as significant as its peak years.

  • 25 August 2011
  • Malaysia Corporate Digest
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    Top Glove And Hartalega Eyeing YTY Industry’s Huge Nitrile Glove Production Capacity

    When news of the failed acquisition of YTY Industry by Latexx Partners broke, market speculations are rife that Top Glove Corporation or Hartalega Holdings may take advantage of the temporary confusion to expand their industry dominance by jumping in with their own offers for the huge nitrile glove production capacity of YTY.

  • 12 August 2011
  • Malaysia Corporate Digest
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    Would RHB Be The “Hunter” Now?

    In last month’s issue of this magazine, it was mentioned that RHB was in the middle of a bidding war between Maybank and CIMB, two of the largest banks in Malaysia. Though, it was accurate information then, both banks have since decided against taking over RHB bank.

  • Shares Investment
  • 28 July 2011
  • Malaysia Corporate Digest
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    Tony Fernandes’ RM55 Billion Spree Bodes Well For AirAsia’s Earnings Outlook

    In a move dubbed “crazy” by the French media, Tony Fernandes placed a staggering RM55 billion order for up to 200 Airbus A320 NEO next generation passenger jets at the Paris Air Show, a bold stroke that analysts think will drive up AirAsia’s profit.

  • 05 July 2011
  • Malaysia Corporate Digest
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    RHB Remains Keen On Merger; CIMB, Maybank Talk Growth Plans

    RHB Capital Chief Executive Kellee Kam said his bank was still interested in a merger but only if it made strategic sense, after Malaysia’s top two lenders walked away from talks to merge with RHB, the country’s fifth largest bank, because of the price of the deal.

  • 05 July 2011
  • Malaysia Corporate Digest
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    TNB Tariff Hikes Surprises Analysts

    With inflation seen rising in the first quarter of 2011, due to rising basic goods and services prices, most analysts expected Tenaga Nasional (TNB) to either hold the increase of electricity tariffs to a later date or increase it by a negligible amount. However, TNB took the market and pundits by surprise with a 7 percent average tariff hike (or 2.23 sen/KWh) beginning 1 June 2011, compared to analysts’ prediction of between just 2 to 3 percent.

  • Shares Investment
  • 24 June 2011
  • Malaysia Corporate Digest
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    Telekom Malaysia’s Mixed Bag Of Fortunes

    The telecommunication industry in Malaysia is going through a period of boom now, led by mobile phones. A recent survey by GfK Malaysia showed that a total of 7.5 million mobile phones were sold in 2010 alone, a rise of some 30 percent compared to the year before.

  • Shares Investment
  • 24 June 2011
  • Malaysia Corporate Digest
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    A Match Made In “Banking Heaven”

    After more than a year of trying and failing, Hong Leong Bank will finally have EON Bank under its wing as a merged banking group. The new entity will have RM140 billion in assets, RM88 billion in loan book and RM123 billion in deposits. In terms of size, it will be the fourth largest bank in Malaysia after Maybank, CIMB and Public Bank.

  • Shares Investment
  • 24 June 2011
  • Malaysia Corporate Digest
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    RHB Bank At The Centre Of A Bidding War

    It all began in the month of May, when Abu Dhabi Commercial Bank (ADCB) announced that it was planning to sell its 25 percent stake in RHB Bank. The news led to offers from Sumitomo Mitsui Financial Group (SMFG) and the Carlyle Group (CG) of the US to buy the equity stake.

  • Shares Investment
  • 23 June 2011
  • Malaysia Corporate Digest
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    QL Resources Performs As Predicted, Retains Favourable Rating

    QL Resources, which core business is poultry and animal husbandry, announced its full-year results on May 23 and reported a double-digit growth in its full-year net profit, which is in line with what most securities firms had forecasted. Most analysts thus upheld the original “Buy” call.

  • 09 June 2011
  • Malaysia Corporate Digest
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    Upbeat Expectations For MAHB

    Malaysia Airport Holdings Berhad (MAHB) can be proud of its achievements thus far, as the Kuala Lumpur International Airport (KLIA) bagged the World’s Best Airport Immigration Service award at the Skytrax 2011 World Airport Awards in Copenhagen recently.

  • 11 May 2011
  • Malaysia Corporate Digest
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    Hong Leong Bank Gains From Effective Banking Strategies

    Over the last two years, Hong Leong Bank has been in the spotlight due to the EON Bank takeover news.

  • 03 May 2011
  • Malaysia Corporate Digest
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    Petronas Chemicals Sees Good Future Despite High Oil Price

    Petronas Chemicals Group Bhd, Malaysia’s biggest petrochemicals producer, is poised to show strong earnings growth in the current year as it is insulated from rising gas prices, its top executive said 7 April.

  • 20 April 2011
  • Malaysia Corporate Digest
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    Expedia, AirAsia Joint Venture To Sell Tickets, Holiday Packages

    Travel website Expedia Inc and Malaysian budget airline AirAsia Bhd earlier announced a joint venture to sell flight tickets, hotel bookings and holiday packages in Asia, the world’s fastest growing aviation and tourism market.

  • 01 April 2011
  • Malaysia Corporate Digest
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    Better Than Expected Performance From Parkson

    Parkson Holdings Berhad (PHB) is an investment holding company. It is principally engaged in the operations of the Parkson brand department stores. Its businesses are located in the People’s Republic of China, Malaysia and Vietnam.

  • 07 March 2011
  • Malaysia Corporate Digest
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    YTL Land & Development: From Blue Ocean To Grand Reality

    To quote Tan Sri Francis Yeoh, the CEO of YTL Corporation Berhad (YTL Corp), in the Malaysia Property News portal recently,“I think of Blue Ocean projects. But what was previously Blue Ocean has today become a must-have”. The words could not have been more appropriate to describe the man behind the success of YTL Corp. His greatest wish is to see companies under his group become pioneers in fields not ventured before, but with tremendous potential if capitalised well.

  • 07 February 2011
  • Malaysia Corporate Digest
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    Maybank To Buy Kim Eng For About US$1.4 Billion

    Malayan Banking Bhd (Maybank) said it has made a MYR4.26 billion (US$1.4 billion) offer to acquire Singapore brokerage firm Kim Eng Holdings Ltd, as Malaysia’s biggest bank by assets continues to build out its presence throughout the Southeast Asian region.

  • 10 January 2011
  • Malaysia Corporate Digest
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    Malaysia Airline System Plans Ahead For 2011

    The year 2010 has generally been a good year for Malaysian Airlines (MAS) as the company returned to the black in the third quarter of FY-2010. The national carrier reported a RM123 million operating profit, rebounding from an operating loss of RM77 million in the third quarter of last year.

  • 10 January 2011
  • Malaysia Corporate Digest
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    KNM Rises On “All Time High” Orderbook

    KNM Group Berhad is on the radar once again due to the well publicised RM2.2 billion EnergyPark Peterborough project in the UK, which analysts believe will increase KNM outstanding order book of approximately RM4.6 billion.

  • 10 January 2011
  • Malaysia Corporate Digest
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    DRB-HICOM: A Well Diversified And Growing Conglomerate

    DRB-Hicom is now in the news as it has entered into a collaboration and license agreement to assemble Volkswagen (VW) vehicles via complete knock-down (CKD) packs for Malaysia and the ASEAN region beginning in late 2011. The RM1 billion investment begins with the assembly of the VW Passat in 4Q-2011 at its plant in Pekan.

  • 10 January 2011
  • Malaysia Corporate Digest
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    Maybank Announces Positive Results, Attracts New Rumour

    A few weeks ago, Maybank announced its results for the quarter ending September 30, 2010. The results were encouraging with the bank announcing a pre-tax profit of RM1.4 billion, up 21.5% from the RM1.16 billion it announced in the same period the year before.

  • 07 December 2010
  • Malaysia Corporate Digest
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    Jobstreet.com Fast Becoming A Regional Tour De Force

    obstreet.com has continued to perform well in the market place. The results in Malaysia have been led by stronger advertising momentum in the July to September 2010 quarter, with some 18 to 20,000 jobs per month posted on JobStreet’s Malaysia portal. This was compared with 16 to 17,000 per month in the period April to June 2010 (this represents a 13%-18% q-o-q growth).

  • 16 November 2010
  • Malaysia Corporate Digest
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    Plus To Be Taken Private

    The news of the month in Malaysia was the announcement by PLUS Expressway Berhad (PLUS) that EPF and UEM has made a joint offer to buy all assets and liabilities of the company (in Malaysia and abroad) via the setting up of a Special Purpose Vehicle (SPV). The deal was worth RM23 billion or valued at RM4.60/share.

  • 16 November 2010
  • Malaysia Corporate Digest
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    MMC Sees Exciting Days Ahead

    MMC Corporation Berhad (MMC) is a group with interests in Transport & Logistics, Energy & Utilities, and Engineering & Construction.

  • 11 October 2010
  • Malaysia Corporate Digest
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    Busy Days Ahead For Sime Darby

    The Special Enquiry Report into the severe budget overrun of Sime Darby Energy and Utilities Department’s (E&U) various projects is finally out.

  • 11 October 2010
  • Malaysia Corporate Digest
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    The Spotlight Shines On Genting

    On August 24, 2010, shareholders of Genting Malaysia Bhd acted to ensure continued growth within the group.

  • 01 October 2010
  • Malaysia Corporate Digest
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    The Kenmark Saga Explained

    The market news in the month of June was largely dominated by the odd happenings in the Kenmark saga. It started with the sudden disappearance of the company’s Taiwanese managing director and his re-appearance days later saying he was taken ill.

  • 23 July 2010
  • Malaysia Corporate Digest
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    Mrt To Boost Gamuda’s Future Earnings

    Gamuda Berhad can look forward to positive earnings in the next 10 years at least

  • 23 July 2010
  • Malaysia Corporate Digest
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    Trouble At The Top – The Sime Darby Saga

    For all the fame and glory in its recent past, Sime Darby is certainly not a new kid on the block. It has been around since the beginning of the 20th century after a Scottish fortune seeker named William Middleton Sime and English banker

  • 18 June 2010
  • Malaysia Corporate Digest
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    KNM – Two Sides Of The Same Coin

    KNM Group Berhad has seen its fair share of plays last year. However, all started going wrong for the company upon the announcement that Bidco, an entity controlled by founder Lee Swee Eng, and two foreign funds

  • 18 June 2010
  • Malaysia Corporate Digest
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    A European Debt Crisis That Worries The Global Economy

    hat started the year as a budget deficit has led to a fully blown crisis of endemic proportions, which seems to be affecting other nations within the euro zone as well.

  • 11 June 2010
  • Malaysia Corporate Digest
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    Tenaga Nasional Rides On Strong Power Demand

    1HFY10 power demand posted strong growth at 8.0% y/y led by a strong 2QFY10 demand, up 13.8% y/y compared to 2.7% y/y 1QFY10.

  • 11 June 2010
  • Malaysia Corporate Digest
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    SP Setia –The Property Company To Watch

    For a property company, SP Setia achieved commendable sales in 2009 and followed through its performance into 2010.

  • 21 April 2010
  • Malaysia Corporate Digest
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