Analysts predict a decline in earnings for Malaysian automotive companies in 2024, attributed to lower sales volumes and higher operating costs, coupled with the emergence of several Chinese original equipment manufacturers (OEMs) offering attractive pricing.

KUALA LUMPUR: Analysts are recommending "buy" on Axis Real Estate Investment Trust (REIT) in anticipation of improved occupancy rates and contribution from new acquisitions to bolster earnings.

Healthcare stocks still have legs to run following a recent rally and investors should continue to buy hospital operators for their further earnings growth this year, analysts said.

Axis Real Estate Investment Trust (Axis REIT), which mainly manages offices and warehouses, will gain a boost in earnings with the proposed RM351.8 million industrial acquisitions in Bukit Raja, Selangor, analysts said.

Kenanga Investment Bank has slashed its earnings forecasts for HPP Holdings Bhd after the company's disappointing latest set of quarterly earnings, coupled with lower demand for non-corrugated packaging products and higher input costs.

Ongoing uncertainties from the Middle East tensions are expected to bolster oil prices, and investors should continue to buy into the oil and gas (O&G) sector, analysts said.

KUALA LUMPUR: Tawaran awam permulaan (IPO) MKH Oil Palm (East Kalimantan) Bhd menerima minat kukuh daripada pelabur kerana ia telah terlebih langgan sebanyak 8.4 kali lebih awal daripada penyenaraiannya di Pasaran Utama Bursa Malaysia Securities Bhd.Dalam kenyataan hari ini, penggiat ...

（吉隆坡19日讯）Uzma Bhd计划私下配售15%股权，以筹集6835万令吉，以资助开发注水设施。该设施将出租给Hibiscus Petroleum Bhd子公司。

KUALA LUMPUR (April 19): Uzma Bhd plans to raise RM68.35 million via a private placement of 15% of its current share base to help fund the development of a water injection facility (WIF) which it is to lease to a unit of Hibiscus Petroleum Bhd.

KUALA LUMPUR: MKH Oil Palm (East Kalimantan) Bhd's initial public offering (IPO) has been oversubscribed by 8.43 times ahead of its listing on the Main Market of Bursa Malaysia on April 30. MKH Oil received a total of 9,510 applications for 482.9 million ...

KUALA LUMPUR: MKH Oil Palm (East Kalimantan) Bhd’s (MKHOP) initial public offering (IPO) has been oversubscribed by 8.4 times ahead of its listing on the Main Market of Bursa Malaysia Securities Bhd.

MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times, ahead of its listing on the Bursa Malaysia Main Market on April 30.

Kenanga Investment Bank has initiated coverage on soon-to-be listed oil and gas services firm Keyfield International Bhd at RM1.90 — reflecting a 111% premium over its IPO price of 90 sen per share — while giving it an “outperform” rating.

The planned merger of Axiata Group Bhd, Malaysia’s largest telecommunications company by revenue, with India’s Bharti Airtel Ltd raises concerns as the latter's subsidiary Airtel Lanka is currently a loss-making company, analysts said.

PIE Industrial Bhd, whose share price extended its rally to a new all-time high on Thursday on reports that it has secured a new customer, confirmed the matter and said it is expecting the new customer to contribute an additional RM2.5 billion revenue to the group, of which RM1 billion will be recognised as early as next year.

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower for the fifth consecutive day, said palm oil trader David Ng. He said the weaker soybean oil market and lower crude oil prices continue to pile pressure on prices.

Shares of PIE Industrial Bhd extended its rally to a new all-time high on Thursday, after Kenanga Investment Bank flagged that the electronic services firm has secured a new client that will take up the entirety of its largest facility.

（吉隆坡15日讯）冷冻食品经销商Supreme Consolidated Resources Bhd计划在大马交易所创业板进行首次公开募股（IPO），以筹资扩充仓库设施及充当营运资本。

Supreme Consolidated Resources Bhd, a distributor of frozen food products, has filed for an initial public offering (IPO) of 70 million shares on Bursa Malaysia’s ACE Market to raise funds for warehouse facilities expansion and working capital. The retail offering comprises 8.6 million shares for application by the public and 7.65 million shares for application by directors, employees and business associates of the company, according to the draft prospectus.

Kenanga Investment Bank Bhd has maintained its 'outperform' call on Aeon Credit Service (M) Bhd, with a target price of RM8.55. In a note on Friday, the research firm said it continues to believe in Aeon Credit’s fundamentals, as they stand out against conventional banking institutions with return on equity prospects of 15% with more modest dividend yields.