Malayan Flour Mills Bhd (MFM) intends to invest at least RM135 million (US$) in capital expenditure (capex) on its poultry integration-based joint venture, Dindings Tyson Sdn Bhd (DTSB), this year.
Malayan Flour Mills Bhd (MFM), a major Malaysian poultry processor and flour mills operator, announced a net profit in Q3 of MYR 46.21 million (~US$10.1 million; MYR 1 = US$0.22) , 12 times higher compared to the MYR 3.91 million ~(US$855,000) profit announced last year, thanks to improving operations of the group s po .
Here is a brief look at some corporate announcements and news flow on Wednesday (Aug 10), which include Malaysia Airports Holdings Bhd, Capital A Bhd, Malayan Flour Mills Bhd, PPB Group Bhd, MISC Bhd, Ranhill Utilities Bhd, Hup Seng Industries Bhd, Pertama Digital Bhd, Green Packets Bhd and KPower.
KUALA LUMPUR (April 26): Here is a brief look at some corporate announcements and news flow on Tuesday (April 26), involving Malayan Flour Mills Bhd (MFM), Malaysia Airports Holdings Bhd (MAHB), Bintai Kinden Corporation Bhd, Nestlé (Malaysia) Bhd, Westports Holdings Bhd, KPower Bhd, Country Heights Holdings Bhd (CHHB), Thong Guan Industries Bhd, Parkson Holdings Bhd, Cycle & Carriage Bintang Bhd, Sime Darby Plantation Bhd (SDP), Comintel Corp Bhd, United Plantations Bhd, AmFIRST Real Estate Investment Trust ( AmFIRST REIT), Kelington Group Bhd and Globetronics Technology Bhd.
The stocks with negative momentum were:
Bintulu Port Holdings Bhd up 16 sen at RM4.20
Chuan Huat Resources Bhd up 4.5 sen at 46.5 sen
Federal International Holdings Bhd unchanged at 60 sen
Heng Huat Resources Group Bhd up 5.5 sen at 53 sen
Iris Corp Bhd down 3.5 sen at 40 sen
Malayan Flour Mills Bhd up eight sen at 98 sen
Rhone Ma Holdings Bhd down 10 sen at 94 sen
SDS Group Bhd up 1.5 sen at 26 sen
See Hup Consolidated Bhd up 37 sen at RM1.62
The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.