Malaysian Bulk Carriers Bhd reported a 90.5% jump in net profit to RM61.6 million for the second quarter ended June 30, 2022, from RM32.1 million in the corresponding quarter a year earlier, after it recognised a gain of RM50.1 million from the disposal of MV Alam Kukuh for RM160.55 million.
Here is a brief look at some corporate announcements and news flow on Monday (Aug 15), which include Malaysia Airports Holdings Bhd, AirAsia X Bhd, Capital A Bhd, Malayan Banking Bhd, Top Glove Corp Bhd, Datasonic Group Bhd, Protasco Bhd, Tiong Nam Logistics Holdings Bhd, Kelington Group Bhd, BP Plastics Holding Bhd, Malaysian Bulk Carriers Bhd, Cycle & Carriage Bintang Bhd, and Ivory Properties Group Bhd.
AT the end of last month, tycoon Robert Kuok Hock Nien was in the news twice. This is novel, considering that the billionaire Malaysia’s richest individual with an estimated net worth of US$11.6 billion (RM50.7 billion) by Forbes magazine is very low key. On April 29, the government announced the approval of five .
Based on corporate announcements and news flow on Thursday, companies in focus on Friday (May 6) may include: Ajiya Bhd, Cahya Mata Sarawak Bhd, ES Ceramic Technology Bhd, CIMB Group Holdings Bhd, Computer Forms (Malaysia) Bhd, Favelle Favco Bhd, G3 Global Bhd, Malaysian Bulk Carriers Bhd, Petronas Dagangan Bhd and Serba Dinamik Holdings Bhd.
The Baltic Exchange Dry Index (BDI), a bellwether for global dry bulk shipping, on Nov 17 fell to a low of 2,430 points its lowest level in five months, on the back of easing port congestion in China, the ongoing steel production restrictions in China and weaker iron ore and coal shipments. This represents .