MONEY MASTER

Some of these companies are likely to be in focus on Thursday (Nov 24) trade given the recent announcement, rumours and news surrounding them. Malakoff Corp Bhd seeks RM785 million against Japan's Sumitomo, Zelan in arbitration RHB Bank Bhd's 3Q net profit jumped 120.4%, driven by strong growth in operating profit before allowances IGB Corp Bhd's 3Q net profit increased 288%  Bumi Armada Bhd's 3Q slipped into red as o&G support-services saw lower revenue Malakoff Corp Bhd seeks RM785 million against Japan's Sumitomo, Zelan in arbitration Malakoff launched arbitration proceedings against Japan's Sumitomo Corp, Zelan Holdings (M) Sdn Bhd and Sumi-Power Malaysia Sdn Bhd, seeking RM785 million for breach of contracts  through its subsidiary Tanjung Bin Power Sdn Bhd (TBP), which owns the Tanjung Bin Power plant in Johor. In a filing with Bursa Malaysia today, Malakoff said the Sumitomo Zelan Consortium was engaged to provide TBP with engineeri...

Some of these companies are likely to be in focus on Wednesday (Nov 23) trade given the recent announcement, rumours and news surrounding them. Yen Global Bhd makes cash call to raise RM55 million Inari Amertron Bhd's 1Q net profit up 5.5%; pays 3 sen div Kossan Rubber Industries Bhd’s 3Q net profit falls 38%, faced priced pressure AirAsia X Bhd makes up fourth straight quarterly profit Focus Point Holdings Bhd’s net loss grew by over four times in 3Q  Dialog Group Bhd's 1Q net profit climbed 35%; higher contribution from JV Brahims Holdings Bhd 3Q saw net loss narrowed  Heveaboard Bhd's 3Q net profit slipped 4.87%; pays 1.3 sen div Century Logistics Holdings Bhd's  3Q net profit fell 36.14%; pays 0.5 sen div Sunway Construction Group Bhd 3Q net profit climbed 21% on higher margin Yen Global Bhd makes cash call to raise RM55 million Yen Global, which has garnered a lot of interest ever since the announcement of its venture into Internet of...

Some of these companies are likely to be in focus on Tuesday (Nov 22) trade given the recent announcement, rumours and news surrounding them. Kuala Lumpur Kepong Bhd to increase stake in Indonesian JV Perisai Petroleum Teknologi Bhd has less than 60 days to submit proposed debt restructuring scheme WCT Holdings Bhd's 3Q net profit plunged 72.1% on forex gain's absence MQ Technology Bhd's right issue under-subscribed by 34% Fajarbaru Builder Group Bhd's associate buys Melbourne land for RM84.15 mil MSM Malaysia Holding Bhd's 3Q net profit shrinks by 63.5%, pays 10 sen div MKH Bhd teams up with PR1MA to undertake RM464 mil mixed project in Kajang Pharmaniaga Bhd's 3Q net profit fell 34.6%, pays 4 sen div Star Media 3Q net profit halved amid poor consumer and business sentiments Mesiniaga gets TNB network equipment deal worth RM12.17m QL' 2Q net profit down 8.4% on lower margins Kuala Lumpur Kepong Bhd (KLK) to increase stake in Indon...

Some of these companies are likely to be in focus on Monday (Nov 21) trade given the recent announcement, rumours and news surrounding them. IOI Corp Bhd return to black Prestariang Bhd gets RM3.54 bil immigration system job from government Ibraco Bhd's 3Q net profit fell 61.1% along with revenue's decline of 46.6% Pintaras Jaya Bhd's 1Q net profit almost doubled on higher construction activities Guan Chong Bhd's 3Q net profit fell 28.6%, on weaker Ringgit BP Plastics Holding Bhd's 3Q net profit fell by 48.9% IOI Corp Bhd return to black IOI Corp Bhd recorded a first quarter net profit of RM104.8 million from a net loss of RM744.4 million a year earlier, on higher income from its upstream and downstream oil palm operations. A filing with Bursa said that significantly lower foreign exchange (forex) loss on its foreign currency-based borrowings also supported profit in the first quarter ended Sept 30, 2016 (1QFY2017). Its ...

MISC, Petronas Gas, Petronas Chemicals, Seacera Group, Titijaya Some of these companies are likely to be in focus given the recent announcement, rumours and news surrounding them.   MISC Bhd The Group's net profit for the third quarter ended Sept 30, 2016 (3QFY16) plunged 72.3% year-on-year to RM134.13 million, mainly because of the negative performance of its petroleum segment as well as a weaker performance from its liquefied natural gas (LNG) and heavy engineering segments. Revenue was down 8.8% y-o-y at RM2.29 billion, from RM2.51 billion when net profit was RM483.56 million, as weaker revenue was recorded across petroleum, heavy engineering and LNG segments. No dividend was declared for the current quarter. Its net profit for the cumulative nine months ended Sept 30, 2016 (9MFY16) however was up 19.6% to RM2.05 billion against RM1.72 billion, mainly driven by its 'others, eliminations and adjustment segment', which swung back to the bla...

EcoWorld, IOI Corp, E&O, Sime Darby, Superlon, Ranhill, George Kent Some of these companies are likely to be in focus given the recent announcement, rumours and news surrounding them. Eco World Development Group Bhd The Group's third quarter net profit was almost 5x higher at RM44.58 million, compared with the RM9.39 million it recorded a year earlier. The group attributed the higher earnings for the quarter ended July 31 (3QFY16) to higher sales from launched projects during the quarter. Revenue rose almost 60% to RM727.34 million from RM454.28 million. For the first nine months of the FY16, net profit was about four times higher at RM99.93 million, compared with RM24.26 million it netted in the same period of FY15. Revenue rose 76% to RM1.81 billion from RM1.03 billion. IOI Corp Bhd Operations of IOI Corp Bhd at Rotterdam port have been blocked by greenpeace activists, accusing the group of forest destruction and child labour according to...

Companies in Focus Companies in Focus SunCon, UEM Edgenta, CLIQ, KNM Some of these companies are likely to be in focus given the recent announcement, rumours and news surrounding them. UEM Edgenta Bhd Total asset solutions provider UEM Edgenta Bhd   is proposing to acquire Asia Integrated Facility Solutions Pte Ltd, which indirectly owns UEMS Pte Ltd, for S$185.9 million or RM563 million.  In a statement filed to Bursa Malaysia, UEM Edgenta said that together with its wholly-owned subsidiary, Edgenta (S) Pte Ltd, the group has entered into a sale and purchase agreement with Asia IFM Solutions Ltd for the acquisition. Sunway Construction Group Bhd Sunway Construction Group Bhd  has bagged three projects with a combined total value of RM209 million and bringing its outstanding order book to date to RM5 billion. The first contract involves its subsidiary Sunway Construction Sdn Bhd, which has been appointed by MMC Gamuda KVMRT (PDP SSP) Sdn Bhd t...