KUALA LUMPUR: MBM Resources Bhd’s shares fell 8% on Thursday following news that Daihatsu Motor Co Ltd will temporarily halt shipments of all vehicles.
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Public Investment Bank Bhd maintained its “neutral” stance on Astro Malaysia Holdings Bhd (Astro) despite it reporting a RM41 million net loss for the third quarter of financial year 2024 (3Q FY2024), after excluding contribution from Astro GS Shop Sdn Bhd, its home-shopping business.
KUALA LUMPUR, Dec 15 ― Public Investment Bank Bhd maintained its “neutral” stance on Astro Malaysia Holdings Bhd (Astro) despite it reporting a RM41 million net loss for.
Sustained high inflation, coupled with expected hikes in utility tariffs as well as the impending subsidy rationalisation may result in subdued consumer spending in 2024.