PETALING JAYA: Resilient domestic demand and a recovery in demand from the European market are helping to sustain Kawan Food Bhd’s revenue growth.

券商 ：大众投银研究投资建议 ：跑赢大市目标价 ：2.10令吉闭市价 ：1.80令吉 （截至2月23日）每股收益 ：10.5仙 （2024财年预估）本益比 ：17.2倍 （2024财年预估）股息收益率 ：2.3% （2024财年预估）得益于冷冻食品稳健的需求、出口销售回弹，以及新产品的推出，佳源食品...

The Northern Corridor Economic Region (NCER) expects to facilitate investments worth RM18 billion and realised investments of RM22 billion in 2024, while aiming to create 22,000 job opportunities. Northern Corridor Implementation Authority (NCIA) chief executive Mohamad Haris Kader Sultan said the figure was similar to its target for 2023 as it plans to maintain a conservative stance given that big companies with chunky investments will not come in every year.

BATU KAWAN: The Northern Corridor Economic Region (NCER) expects to facilitate investments worth RM18 billion and realised investments of RM22 billion in 2024, while aiming to create 22,000 job opportunities.

BATU KAWAN (Feb 16): The development of Batu Kawan Industrial Park 3 (BKIP3) showcases Penang’s great success in the industrial sector, according to Prime Minister Datuk Seri Anwar Ibrahim.

BATU KAWAN (Jan 19): The Penang state government has called on PLUS Malaysia Bhd (PLUS) to implement the Juru-Sungai Dua elevated highway project for the dispersal of the worsening traffic congestion in the area.

纵然国内就业率改善，旅游业元气恢复，都有助支撑内需韧性，但分析员更警惕诸如补贴合理化（SRI）、销售与服务税（SST）调涨和食品通胀升温等3大潜在下行风险，谨慎看待消费领域前景。

These major shareholders are under MACC investigation and have lost control of their companies       REVENUE BOARDROOM FEUD OPENS DOOR TO NEW SHAREHOLDERS

Kawan Food Bhd has appointed Adam Pandian as its new chief executive officer, effective from next Monday (Jan 1).

Keynote Capital Sdn Bhd, controlling shareholder of Apollo Food Holdings Bhd, is confirmed to be exiting the group after Scoop Capital Sdn Bhd, the franchisee of Baskin-Robbins, proposed to acquire Keynote's entire 51.31% stake in the confectionery maker for RM238.08 million in cash.

（吉隆坡15日讯）大马交易所宣布，最新社会责任指数（F4GBM）半年检讨结果出炉，榜中迎来11家新公司，使成份股总数增至109只。根据马证交所发布的文告，这项变动将于下周一（18日）生效。入榜的11只股项包括高产柅品（KOSSAN，7153，主要板医疗保健）、金务大（GAMUDA，5398，主要板建...

Bursa Malaysia Bhd on Thursday announced 11 new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index and 11 new additions to the constituents of the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index following the latest semi-annual review of the indices.

（吉隆坡14日讯）最新大马交易所社会责任指数（FTSE4Good Bursa Malaysia，简称F4GBM）半年检讨结果出炉，再添11支新股，成分股总数为109只。马交所周四发文告表示，这项变动将于下周一（18日）生效。入榜的11只股项包括高产柅品工业（KOSSAN，7153，主板保健股）、金务...

Here is a brief recap of some corporate announcements that made news on Wednesday involving Widad Group Bhd, Kawan Food Bhd, SkyWorld Development Bhd, Dutch Lady Milk Industries Bhd, Taliworks Corp Bhd, Malayan Banking Bhd (Maybank), Sunway Bhd, MST Golf Group Bhd, Malayan Flour Mills Bhd (MFlour), Pos Malaysia Bhd, Time Dotcom Bhd, Supercomnet Technologies Bhd, Boustead Plantation Bhd, Genting Plantations Bhd, AMMB Holdings Bhd, MISC Bhd and Hibiscus Petroleum Bhd.

Kawan Food Bhd’s net profit in the third quarter ended Sept 30, 2023 (3QFY2023) fell by 26.07% to RM7.67 million compared to RM10.40 million in the same period last year, largely due to higher selling and distribution costs.

US-based Micron Technology Inc has launched its state-of-the-art assembly and test facility at Batu Kawan Industrial Park on Friday. This plant is the second manufacturing plant established by Micron in Penang after it opened its first facility in the Perai Industrial area in 2015 which began its operations this year.

PETALING JAYA: Despite a fall in various raw material costs, food prices continue to remain high and unchanged for the public at large.

Kawan Food Bhd is seeing softening demand for its products from overseas markets and this was reflected in the group’s earnings miss despite having a well-diversified global customer base, says Inter-Pacific Research.

KUALA LUMPUR: Bursa Malaysia extended its downtrend in the morning trading session following a flat opening.At 12.30 pm, FTSE Bursa Malaysia KLCI shed 8.57 points or 0.59 per cent to 1,442.96 points after trading within 1,439.13 and 1,451.72 range.Losers surpassed gainers 473 to 261 at the ...

KUALA LUMPUR: Kawan Food Bhd is poised to post better results in the second half of 2023 (2H23) on the back of strong demand for frozen food.PublicInvest Research noted demand would increase as consumers will likely opt to eat at ...