Pentamaster in a filing with Bursa Malaysia
The three units will be injected into PIL for a collective RM86.78 million, which will be satisfied via the issuance of 999 PIL shares to Pentamaster.
“The internal reorganisation will facilitate a more efficient group structure by way of promoting a better segregation of business responsibilities and operations for Pentamaster’s existing automated solution business and its other smart control solution system business. This will in turn enable the management of the automated solution business and smart control solution system business to efficiently allocate resources and focus on their respective businesses. In addition, the internal reorganisation will also facilitate PIL to act as the listing entity for the proposed listing.”
Icapital.biz in a filing with Bursa Malaysia
With another rate hike expected in the coming months and the Federal Reserve’s plan to unwind its US$4.5 trillion balance sheet, this is confirming what I wrote in the said commentary – “With the US economic recovery remaining intact, one can expect the normalisation of her monetary policy to proceed at a pace faster than in 2015 and 2016.” Again, we hope that investors are prepared for this in a calm manner
…in a reflection of the uncertain global economic conditions created by the US-led 2008 global financial crisis, the Bank of Italy recently advertised for 30 junior positions with an annual salary of €28,000 and it received 85,000 applications – nearly 3,000 candidates for each post. With Italy’s youth unemployment close to 40% and the overall level at 11.3%, steady jobs are in huge demand. The trouble in Italy is that, once an employee is hired, it is hard for a company to get rid of them no matter how incompetent they might be. How Italy and other European nations got into such a devastating mess deserves deep research by the government and policymakers.
Capitaland Malaysia Mall Trust in a filing with Bursa Malaysia
The decrease was mainly due to negative rental reversions from Sungei Wang Plaza as it continues to be temporarily affected by the ongoing Mass Rapid Transit works and the closure of BB Plaza. Lower gross revenue was recorded for The Mines mainly due to lower rental rates and occupancy whilst lower gross revenue in Tropicana City Property was mainly due to lower occupancy at the office tower. The decrease was mitigated by better performance from Gurney Plaza and East Coast Mall on the back of higher rental rates achieved.
As the competition in the market place heats up with the opening of new shopping malls – of which many are located in the Klang Valley – in the second half of this year (2H 2017), the Manager expects the operating environment to remain challenging. As CMMT’s malls are largely focused on day-to-day necessity shopping, they have proven resilient through economic cycles in the past and should continue to do so. The Manager also expects the recent commencement of the Sungai Buloh-Kajang Mass Rapid Transit line to benefit Sungei Wang Plaza in the long term.
Maxis in a filing with Bursa Malaysia
…added 41k new subscriptions, achieving the highest net additions following the revamp of the flagship MaxisONE plan. The Power of ONE campaign which enabled subscribers to own a wide range of devices for RM1 continued to attract high ARPU customers. As a result, the Group has grown its MOP subscription base to 1.9 million with monthly ARPU of RM120, which is higher than the blended ARPU of RM102.
Prepaid ARPU was stable at RM42 per month supported by continuous growth in mobile Internet revenue…Hotlink FAST base has now surpassed 1.8 million subscriptions with monthly ARPU of RM44.
Customer demand for data continues to grow strongly, supported by the rising consumption of social media, increasing availability of TV and video on mobile devices and better user experience on mobile network.
Blended smart-phone penetration stood at 79% against 70% in the same period last year. Blended data usage grew more than double in the last 12 months and is now at 5.0GB/month. The Group’s expanded 4G LTE network, with a nationwide population coverage of 89% on a comparable peer basis, continued to be an important differentiator for customers to enjoy high speed unmatched digital experience.
Westports in a filing with Bursa Malaysia
Due to the ongoing changes in the container shipping industry, we expect our container throughput to be lower when compared to the previous year by between seven percent and twelve percent.
The second phase of Container Terminal 8, consisting of a 300-metre wharf and supporting terminal operating equipment and facilities, have just been completed and are expected to be commissioned into service soon. The total terminal handling capacity would then be increased to 12.5 million TEUs.
Construction work continues at the first phase of Container Terminal 9, consisting of a 600-metre wharf, and is expected to be completed by December 2017.
Syarikat Takaful Malaysia in a filing with Bursa Malaysia
For the year 2017, Takaful Malaysia will continue to emphasize the four core areas of customer reach, operational agility, cost competitiveness and stakeholder confidence to increase its overall market shares and continuously improving shareholders’ value… promote its unique proposition of rewarding a 15% Cash Back to its General Takaful customers for no claims during coverage period.
British American Tobacco (Malaysia) in a filing with Bursa Malaysia
Illegal cigarettes incidence for the same period has increased by about 16% from 50.0% in the first half of 2016 to 57.9% in May 2017. This was driven by the price gap between legal and illegal cigarettes and current macroeconomic factors that are impacting consumer spending power…in line with volume decline and the cessation of contract manufacturing for exports as of 31st December 2016.
TAS Offshore in a filing with Bursa Malaysia
Indonesia is expected to export about 30 million metric tons of bauxite alone in 2017 as a consequence of the easing on export ban of unprocessed mineral ores by the Indonesian government. This may call for the demand for vessels required for such activities.
WZ Satu in a filing with Bursa Malaysia
For civil engineering and construction segment, the Group not only accumulated an order book to last for the next two to three years but also the Group is confident that its order book will grow beyond the run-off rate. The current order book of RM1.0 billion will ensure the Group is kept busy for the coming financial year and beyond.
WZS Misi Setia Sdn Bhd’s (“MISI”) investment in the Automated Pipe Spooling fabrication plant has kicked-off well and has led to successfully securing contracts in The Refinery and Petrochemical Integrated Development (“RAPID”) project. Since the previous reporting, MISI has secured additional works on top of existing contracts for RAPID projects. The above investment has come on stream and has been successfully translated into meaningful results as reflected and registered in the current quarter oil and gas segment result.
Saudee Group in a filing with Bursa Malaysia
…new products going to markets both locally and abroad. The Group has started collaboration with a few strategic partners to produce new halal food product to cater to the local and exports market. The product, manufactured under a patented technology, has a significant untapped market both locally and overseas.
Cycle & Carriage Bintang in a filing with Bursa Malaysia
The Mercedes-Benz trading operations recorded a loss primarily due to increased competitive intensity resulting in lower
unit sales, reduced margins and to a lesser extent higher operating expenses.
…with the model mix moving away from S-Class to the lower margin GLC-Class and E-Class. Margins suffered further due to strong competition in the premium car market.