KUALA LUMPUR: Stock with recent corporate announcements that could see increased trading action include Country Heights, Malaysia Smelting Corp , LBS Bina Group, Sunway REIT, Cahya Mata Sarawak, Signature International, Fiamma, MPHB Capital, Serba Dinamik , EA Technique and Zelan, said JF Apex Research. Country Heights Holdings Bhd was slapped with an … [Read more...] about Trading ideas: Country Heights, Malaysia Smelting Corp, LBS Bina Group, Sunway REIT, Cahya Mata Sarawak
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Indonesia lifts palm oil export ban in relief to global market; govt makes decision after improvements in local supply and prices
JAKARTA, May 19 (Bloomberg): Indonesia, the world’s biggest shipper of edible oils, lifted a ban on palm oil exports in a move that will bring relief to the global market after the war in Ukraine choked off critical supplies. Palm oil exports can resume from May 23, President Joko Widodo said in an online briefing on Thursday. This is after considering improvements in local … [Read more...] about Indonesia lifts palm oil export ban in relief to global market; govt makes decision after improvements in local supply and prices
Philippine central bank raises interest rates to curb inflation
MANILA, May 19, 2022 (AFP): The Philippine central bank raised interest rates Thursday for the first time in more than three years, in a bid to curb inflation as rising fuel prices and food shortages push up living costs. Robust economic growth and jobs in the first quarter gave the monetary authority room to continue "rolling back its pandemic-induced interventions", said … [Read more...] about Philippine central bank raises interest rates to curb inflation
GIIB terminates suspended director
KUALA LUMPUR: GIIB Holdings Bhd has terminated its suspended executive director, Wong Weng Yew following the investigation report pertaining to the charges of misconduct from the external independent auditor. The technical rubber compound provider, in a Bursa filing, said that based on the investigation report, the investigation committee found sufficient grounds to hold … [Read more...] about GIIB terminates suspended director
Tune Protect narrows net loss to RM3mil in 1Q
KUALA LUMPUR: Tune Protect Group Bhd ’s net loss narrowed to RM2.97mil in the first quarter ended March 31 (1Q) against a net loss of RM15.45mil a year ago. Its loss before tax decreased to RM3mil from RM19.8mil a year prior largely attributed to improvements of RM18.9mil in realised and unrealised investment income offset by increase of RM2.3mil in share of loss of an … [Read more...] about Tune Protect narrows net loss to RM3mil in 1Q