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Bright outlook for CIMB Group's Indonesian arm

The outlook for CIMB Group Holdings Bhd’s 92.5%-owned Indonesian arm PT Bank CIMB Niaga Tbk is expected to remain bright, following the strong first-half 2023 showing.

Indonesia
Kenanga
Jakarta-raya
Petaling
Malaysia-general
Malaysia
Indonesian
Pt-bank
Kenanga-research
Bank-indonesia
Group-holdings-bhd

Westports eyes single-digit growth

Westports Holdings Bhd expects its container throughput volume in 2023 to be in the single-digit growth range compared with the previous year.

Malaysia
Petaling
Malaysia-general
Westports-holdings-bhd
Westports-holdings
Bursa-malaysia
Far-east
Imbalance-cost-pass-through
Corporate-news
Westports
Containerthroughput

Handal Energy plans to diversify ops

Handal Energy Bhd is proposing to diversify its business to include telecommunications (telecoms) network infrastructure solutions and marine sand segments.

Petaling
Malaysia-general
Malaysia
Handal-energy-bhd
Handal-energy
Bursa-malaysia
Corporate-news
Handalenergy
Diversification
Telecoms
5g

PPB Group first-quarter earnings surge 25%

PPB Group Bhd expects its grains and agribusiness segment, which contribute the largest chunk to its revenue, to perform satisfactorily on the back of a stable grains commodity market coupled with its efforts to drive production and cost efficiency.

Petaling
Malaysia-general
Malaysia
Wilmar-international-ltd
Group-bhd
Bursa-malaysia
Corporate-news
Ppbgroup
Grainsandagribusiness
Filmexhibitionanddistribution
Consumerproducts

Syarikat Takaful to gain from portfolio recovery

Syarikat Takaful Malaysia Bhd is expected to see stronger earnings contribution from its recovering investment portfolio, according to Kenanga Research.

Petaling
Malaysia-general
Malaysia
Kenanga-research
Syarikat-takaful-malaysia-bhd
Syarikat-takaful-malaysia
Takaful-malaysia
Corporate-news
Syarikattakafulmalaysia
Retakaful
Financialresults

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