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Jaycorp 2Q profit rises 88%, declares 5 sen interim dividend
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KUALA LUMPUR (March 17): Based on corporate announcements and news flow today, companies in focus on Thursday (March 18) may include Top Glove Corp Bhd, Jaycorp Bhd, Pharmaniaga Bhd, Wah Seong Corp Bhd, Kejuruteraan Asastera Bhd, Cycle & Carriage Bintang Bhd and Serba Dinamik Holdings Bhd.
Top Glove Corp Bhd has claimed trial against charges of failure to provide Labour Department (JTK)-certified accommodations, and the matter has been set for another mention on April 28. The glove maker said it was present at the Ipoh Sessions Court yesterday for the first case mention in relation to an inspection by JTK in November last year under the Workers Minimum Standards of Housing and Amenities Act 1990.
KUALA LUMPUR (March 3): Furniture maker Jaycorp Bhd has announced that it has voluntarily decided to halt operations at its 60%-owned joint-venture company Honsoar Jaycorp Cabinetry Sdn Bhd (HJCSB) for 10 days for sanitisation purposes.
This was after 28 employees were tested positive for Covid-19, from 137 employees screened in Kawasan Perindustrian Sri Gading, Batu Pahat, Johor, according to its filing with Bursa Malaysia today.
This is the second time the company has conducted an RTK-Antigen Test for its entire workforce. Those that tested positive have been quarantined in the premises approved by the Ministry of Health (MoH) officials, said Jaycorp.
Jaycorp said its management does not expect any material impact to its financial performance.
KUALA LUMPUR (March 3): Based on corporate announcements and news flow today, companies in focus on Thursday (March 4) may include: MyEG Services Bhd, Genting Malaysia Bhd, Vivocom Intl Holdings Bhd, MISC Bhd, Jaycorp Bhd, Nexgram Holdings Bhd, Datasonic Group Bhd, Greatech Technology Bhd, Yinson Holdings Bhd and Minetech Resources Bhd.
MyEG Services Bhd said net profit rose 6.74% to RM75.51 million in the fourth quarter ended Dec 31, 2021, from RM70.74 in the preceding quarter, boosted by revenue from Covid-19 health screenings, and online motorcycle insurance and road tax renewal service. Quarterly revenue increased 10.13% to RM149.89 million, from RM136.10 million previously, as the group witnessed increased revenue contribution from its screening and accommodation arrangement service for inbound travellers. MyEG declared a final dividend of 1.7 sen per share.
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