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Sports Toto Bhd (SPToto) said on Wednesday that its wholly-owned subsidiary, Magna Mahsuri Sdn Bhd, has acquired a 1.34% equity interest in Berjaya Food Bhd for RM13.21 million, resulting in its shareholding in the group increasing to 1.77%.
A sizeable pool of Bursa Malaysia’s largest companies and known good dividend payers delivered bumper dividends to shareholders — including government-linked investment companies (GLICs) — on the back of improved financial performance in 2023. A majority gave higher dividends in FY2023 versus FY2...
KUALA LUMPUR: Hong Leong Investment Bank's (HLIB) research has downgraded Sports Toto Bhd's stock and cut its core net profit forecasts for the company, after half year results came in below expectations.Second quarter ended Dec 31, 2023 and half ...
KUALA LUMPUR (Feb 26): Hong Leong Investment Bank (HLIB) Research has downgraded Sports Toto Bhd to “hold” at RM1.52 with a lower target price (TP) of RM1.57 (from RM1.86).
HLIB said Sport Toto’s 2QFY2024 core net profit came in at RM29 million (-52. 7% q-o-q, -48.1% y-o-y), bringing 1H...
KUALA LUMPUR: Companies that recently made headlines include Sime Darby Property, IOI, Telekom, Mi Tech, Greatech, Malakoff, Matrix, Sports Toto and SAM, said Apex Securities Research.
KUALA LUMPUR (Feb 23): Sports Toto Bhd said on Friday that its net profit shrank 63% in the second quarter from a year earlier, due to lower sales at both its lottery and luxury car businesses, as well as higher operating costs.
KUALA LUMPUR: Sports Toto Bhd's net profit fell 62.7 per cent to RM24.22 million in the second quarter (Q2) ended Dec 31, 2023, from RM64.86 million last year, mainly due to lower sales, higher prize payouts, and higher operating expenses.In its ...
Malaysia’s trade data for January (to be released on Tuesday) as well as the inflation figures for the same month (to be unveiled on Friday) are expected to be in the spotlight this week.
PETALING JAYA: As investors look ahead to the fourth-quarter 2023 (4Q23) corporate results, the gaming sector is set for a good run as stronger-than-expected consumer confidence boosts holiday and festive sales.