Here is a brief look at some corporate announcements and news flow on Wednesday (May 25) involving Affin Bank Bhd, Sime Darby Property Bhd, FGV Holdings Bhd, Serba Dinamik Holdings Bhd, Telekom Malaysia Bhd, Tropicana Corp Bhd, Pos Malaysia Bhd, Axiata Group Bhd, Velesto Energy Bhd, UEM Sunrise Bhd, MBM Resources Bhd, Bumi Armada Bhd, Chin Hin Group Bhd, Genting Plantations Bhd, Mega First Corporation Bhd, Hap Seng Plantations Holdings Bhd, Hibiscus Petroleum Bhd, Supermax Corporation Bhd, Hong Leong Industries Bhd and Matrix Concepts Holdings Bhd.
KUALA LUMPUR: Axiata Group Bhd slid into a net loss of RM42.9mil in the first quarter ended March 31 against a net profit of RM75.56mil a year ago, due to significant foreign exchange (forex) losses of RM476.9mil.
PETALING JAYA: Axiata Group Bhd slipped into losses in the first quarter (1Q) ended March 31 after a weaker ringgit and the Sri Lankan rupee caused unrealised foreign-exchange (forex) losses of almost half-a-billion ringgit
Flat core net profit seen for TM in 1Q thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: Bursa Malaysia maintained a cautious upward momentum ahead of corporate earnings results later this month as investor picked up bargains in hopes of positive surprises.