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New chairman for Pharmaniaga

AMMB, HeiTech Padu, Pharmaniaga, Top Glove, Advancon, Sime Darby Plantation and Uzma

KUALA LUMPUR (March 1): Based on corporate announcements and news flow today, companies in focus on Tuesday (March 2) may include AMMB Holdings Bhd, HeiTech Padu Bhd, Pharmaniaga Bhd, Top Glove Corp Bhd, Advancon Holdings Bhd, Sime Darby Plantation Bhd and Uzma Bhd. AMMB Holdings Bhd’s net profit for the third quarter ended Dec 31, 2020 (3QFY21) fell 30.96% to RM263.83 million from RM382.15 million a year ago, due to higher allowance for impairment on loans, advances and financing. The banking group’s quarterly revenue also slipped 11.81% to RM2.09 billion, from RM2.37 billion a year ago, its filing to Bursa Malaysia showed. AMMB did not declare any dividend for the latest quarter.

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