GEORGE TOWN: Chin Well Holdings Bhd expects flat growth for the financial year ending June 30, 2024 (FY24) due mainly to weakening demand amidst soaring inflation in Europe.

Chin Well Holdings Bhd’s sales volume is expected to remain subdued in the near future, primarily due to softer demand for fastener and wire products, according to TA Research.

Here is a brief recap of some corporate announcements that made news on Friday: PJBumi Bhd, Joe Holding Bhd, Nylex (Malaysia) Bhd, PUC Bhd, Binasat Communications Bhd, L&P Global Bhd, Sarawak Consolidated Industries Bhd (SCIB), Malaysian Resources Corp Bhd (MRCB), Berjaya Land Bhd (BJLand), Nova MSC Bhd, Ahmad Zaki Sdn Bhd (AZSB), G Capital Bhd, KLCC Property Holdings Bhd (KLCCP), Tropicana Corp Bhd, Johor Plantations Group Bhd, Dataprep Holdings Bhd, KJTS Group Bhd, AGX Bhd, Tenaga Nasional Bhd.

G Capital Bhd has further downsized the capacity of its 70%-owned unit's solar photovoltaic (PV) system on the premises of a wholly-owned unit of Chin Well Holdings Bhd to 2MW. According to a bourse filing on Friday (Jan 26), this came after design revisions following a supplemental power purchase agreement (SPPA) that was inked between its 70%-owned subsidiary Solarcity Malaysia Sdn Bhd and Chin Well’s Chin Herr Industries (M) Sdn Bhd.

TA Securities has upgraded Chin Well Holdings Berhad to “buy” at RM1.27 with an unchanged target price (TP) of RM1.41 following the recent weakness in share price.

This will be the final week for the release of third-quarter corporate earnings, with banking giants such as Public Bank Bhd, CIMB Group Holdings Bhd and RHB Bank Bhd set to announce their financial performance for the July-September period.

GEORGE TOWN: Chin Well Holdings Bhd expects the growing global do-it-yourself (DIY) fastener market to mitigate the impact of the global economic slowdown on the group’s performance for the financial year 2024 (FY24).

（吉隆坡30日讯）美国8月消费者信心指数下降，激励隔夜美股3大指数收涨。综指今早亦跟随大市上涨，截至9点10分报1457...

（吉隆坡29日讯）晋纬控股（CHINWEL，5007，主板工业股）2023财政年末季（截至6月30日止）净利按年暴跌81...

（吉隆坡29日讯）美国总统拜登与共和党领袖麦卡锡针对调高债务上限达成协议，提振亚洲区域股市的投资情绪，惟马股只是小幅走高...

GEORGE TOWN: Chin Well Holdings Bhd will focus on opportunities in Malaysia and the United States to drive growth and minimise risk in 2023, as Europe, its primary market, may plunge into a recession.

郑鸿标逝世后，大众银行的控制权流向何处？今日其他重点财经新闻：云顶大马否极泰来，2023财年料好事连连？ 令吉续跌至4.4377 兑新元由升转跌【行家论股】今日分享的3个股项：1.晋纬控股（CHINWEL）2.成功食品（BJFOOD）3.美特工业（MAGNI）...

分析：达证券目标价：1.81令吉最新进展：晋纬控股（CHINWEL，5007，主板工业股）表示，尽管欧洲市场的销售订单持续放缓，不过，随着贸易转移，美国市场的良好销售表现，料将提振净利表现。管理层表示，将在营收基础上实施区域多元化，并将投入更多精力，与美国市场的零售商和分销商建立关系。行家建议：根据...

过去一周，市场情绪就像坐过山车那样大起大落。11月19日进行的第15届全国大选过之后，出现了为时5天的政治僵局，最后随着拿督斯里安华在11月24日受委为我国第十任首相而告一段落。自1955年第一次举行大选以来，这是马来西亚第一次面对悬峙国会的情况。大选成绩显示，在222个国会议席当中，没有一个政党或...

KUALA LUMPUR (Nov 25): The high number of inclusions in the shariah-compliant stock list, which was released on Thursday (Nov 24), continued to suggest that companies are seeing an increasing need to be shariah-compliant.However, there were no notable larger-capitalised names that ...

KUALA LUMPUR: G Capital Bhd's subsidiary, Solarcity Malaysia Sdn Bhd, has completed the installation and commenced operation of a solar photovoltaic electric power generation (solar PV) system with Chin Well Fasteners Co Sdn Bhd.Solarcity installed the solar PV system ...

你会想去澳门云顶世界玩吗？时隔20年之后，云顶再次争取澳门赌牌！今日其他重点财经新闻：外劳短缺难解决，自动化发展可提速？ 中国经济一喜一忧【行家论股】今日分享的3个股项：1.绿盛世国际（EWINT）2.乌兹马（UZMA）3.晋纬控股（CHINWEL）...

分析：达证券目标价：1.81令吉最新进展在钢铁紧固件产品走高的推动下，晋纬控股（CHINWEL，5007，主板工业股）2022财年创下业绩新高记录，全年净赚9599万令吉，净赚幅更是达到双位数。管理层谨慎乐观看待公司前景，并有信心今年可以取得高个位数的净赚幅。行家建议由于欧洲市场因为能源危机和升息环...

KUALA LUMPUR (Aug 4): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon close on Thursday (Aug 4). Three stocks indicated positive momentum while two stocks had negative momentum. The stocks with positive momentum were: Chin Well Holdings Bhd ...

KUALA LUMPUR (July 28): Here is a brief look at some corporate announcements and news flow on Thursday (July 28), which include AMMB Holdings Bhd, Maxis Bhd, Unisem (M) Bhd, Nestlé (Malaysia) Bhd, Westports Holdings Bhd, Lotte Chemical Titan Holding Bhd (LCT), ...