International investors remained net sellers of equities for the sixth consecutive week on Bursa Malaysia, as they pulled out RM479.7 million last week versus RM336.9 million in the previous week.
Here is a brief recap of some corporate announcements that made news on Thursday (Sept 29) involving Gamuda Bhd, AEON Credit Service (M) Bhd, Heng Huat Resources Bhd, UEM Edgenta Bhd, Gadang Holdings Bhd, KNM Group Bhd, Apex Equity Holdings Bhd, Poh Huat Resources Holdings Bhd, OpenSys (M) Bhd, Hiap Teck Venture Bhd, MISC Bhd, Barakah Offshore Petroleum Bhd, Berjaya Corp Bhd and Scientex Bhd.
Here is a brief recap of some corporate announcements that made news on Thursday involving Axiata Group Bhd, Genting Malaysia Bhd, Sime Darby Bhd, Malaysia Airports Holdings Bhd, Perdana Petroleum Bhd, Eco World Development Group Bhd, Tenaga Nasional Bhd, Global Oriental Bhd, Nestcon Bhd, OM Holdings Ltd, Capital A Bhd, Petronas Gas Bhd and Land & General Bhd.
KUALA LUMPUR, Aug 26 Petronas Gas Bhd’s (PetGas) net profit declined to RM396.50 million in the second quarter ended June 30, 2022 (Q2 2022) from RM439.07 million a year.
IN 2021, although it was the peak of the Covid-19 pandemic, which caused massive disruptions to the global economy, public-listed companies in which either the government or public funds hold more than 15% equity interest continued to reward their shareholders with generous dividends. Surprisingly, some even paid higher dividends year on year instead of conserving cash during the harsh economic conditions (see tables).