Trading ideas: Maxis, Bank Islam, Malaysian Flour Mills, Menang, HeiTech Padu, Reservoir Link, MGRC, IGB REIT, Affin Bank and Excel Force

TheStar Thu, Apr 18, 2024 07:38am - 4 months View Original


KUALA LUMPUR: Corporates making news headlines include Maxis, Bank Islam, Malaysian Flour Mills, Menang, HeiTech Padu, Reservoir Link, MGRC, IGB REIT, Affin Bank and Excel Force.

Maxis Bhd has invested RM813mn in FY2023 to enhance its mobile network capacity, grow its fibre-to-the-premise footprint, and improve digitalisation across the company.

Bank Islam Malaysia Bhd managed to mitigate the impact of the static overnight policy rate, leading to an improved net income margin over the course of last year.

Malayan Flour Mills Bhd is investing a total of RM100mn in the FY2024, of which RM32.0mn will be used to install a new milling line in Lumut.

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