KUALA LUMPUR (Jan 25): Based on corporate announcements and news flow today, stocks that may be in focus on Tuesday (Jan 26) include Hartalega Holdings Bhd, IGB Real Estate Investment Trust, Bioalpha Holdings Bhd, Key ASIC Bhd, KNM Group Bhd, Sunsuria Bhd, Kerjaya Prospek Property Bhd, Bintai Kinden Corp Bhd, Ge-Shen Corp Bhd, AwanBiru Technology Bhd, Paragon Union Bhd, Censof Holdings Bhd and Dagang NeXchange Bhd.
Hartalega Holdings Bhd announced its net profit for the third quarter ended Dec 31, 2020 (3QFY21) leapt to a record high of RM1 billion, up nearly 84% against RM544.96 million in the preceding quarter, 2QFY21. Its revenue grew by 58.2% to RM2.13 billion quarter-on-quarter against RM1.35 billion in 2QFY21. The brisk glove sales boosted Hartalega s cash pile to RM2.14 billion. Quarterly earnings per share (EPS) ballooned to 29.31 sen, from 15.95 sen in the preceding quarter. This brings the cumulative EPS to 51.68 sen, from 9.49 sen. Hartalega declared a second interim divi
The FBM KLCI managed to end the week in the positive zone after it started the first trading week on a bearish note on Monday. It gained 0.37% to close at 1,633.19 points as the three glove stocks, particularly Supermax Corp Bhd, recovered from the selldown that was partly driven by regulated short selling (RSS) on Monday.
KUALA LUMPUR (Jan 6): Based on corporate announcements and news flow today, the following companies may be in focus tomorrow (Jan 7): Top Glove Corp Bhd, Hartalega Holdings Bhd, Techfast Holdings Bhd, LBS Bina Group Bhd, Censof Holdings Bhd, Supercomnet Technologies Bhd, Cymao Holdings Bhd, Sanichi Technology Bhd, AwanBiru Technology Bhd (Awantec) and Yong Tai Bhd.
BlackRock, which holds a 1.61% stake in
Top Glove Corp Bhd, voted against the election of six independent directors at the rubber glove maker s annual general meeting today, as it is of the view that the board had failed in its duty to mitigate the issues of migrant workers health and safety. The six independent directors are Datuk Lim Han Boon, Datuk Noripah Kamso, Datuk Norma Mansor, Tan Sri Rainer Althoff, Sharmila Sekarajasekaran and Lim Andy.
KUALA LUMPUR (Jan 6): AwanBiru Technology Bhd (Awantec), formerly known as Prestariang Bhd, is collaborating with Huawei Technologies (Malaysia) Sdn Bhd to drive and promote the adoption of Huawei Cloud and Artificial Intelligence (AI) products and services in the public sector.
Under this collaboration, Huawei will act as Cloud and AI Service Provider, offering its cloud products and services such as infrastructure as a service (IaaS), platform as a service (PaaS), software as a service (SaaS), and anything as a service (XaaS), according to a filing with Bursa Malaysia today.
Awantec, on the other hand, will act as Managed Services Partner (MSP) and drive demand and adoption for Huawei s products and services.
AwanBiru Technology Bhd (Awantec), formerly known as Prestariang Bhd, saw its share price plunge as much as 28% this morning. At 3.50pm, the counter pared some of its losses and was down 15.38% or 15 sen at 82.5 sen, for a market capitalisation of RM651.02 million. Some 91.66 million shares were traded.