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Forbes Asia names nine Malaysian companies in Best Under A Billion list

Forbes Asia names 9 Malaysian firms in Best Under A Billion 2023

9 Malaysian firms named in Best Under A Billion 2023 by Forbes Asia

9 Malaysian firms named in Best Under A Billion 2023 by Forbes Asia
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Infomina, Genting Malaysia, PetChem, Axiata, Sunway, Affin Bank, DNeX, IOI Corp, Sarawak Oil Palms, Uchi Technologies, Bintulu Port, IJM Corp, Chin Hin, OM Holdings, Bintai Kinden, TNB and IGB

Here is a brief recap of some corporate announcements that made the news on Friday (Nov 25) involving Infomina Bhd, Genting Malaysia Bhd, Petronas Chemicals Group Bhd, Axiata Group Bhd, Sunway Bhd, Affin Bank Bhd, Dagang NeXchange Bhd, IOI Corp Bhd, Sarawak Oil Palms Bhd, Uchi Technologies Bhd, Bintulu Port Holdings Bhd, IJM Corp Bhd, Chin Hin Group Bhd, OM Holdings Ltd, Bintai Kinden Corp Bhd, Tenaga Nasional Bhd and IGB Bhd.

Local tech-related stocks nosedive, as US tech selldown and recovery play weigh on sentiment

KUALA LUMPUR (March 8): Technology-related stocks on Bursa Malaysia continued to fall on profit taking today, as the selldown on US technology stocks weighed on sentiment and investors shifted interest to other recovery plays. Bursa Malaysia’s technology index fell 6.09% to 79.81, with Malaysian Pacific Industries Bhd, ViTrox Corp Bhd and UWC Bhd topping the list of losers. MPI was the top loser, plunging RM4.52 or 11.47% to RM34.88, followed by ViTrox’s RM1.22 or 7.71% drop to RM14.60, and UWC sinking 68 sen or 11.7% to RM5.13. Meanwhile, KESM Industries Bhd slid 62 sen or 4.59% to RM12.88, Unisem (M) Bhd lost 59 sen or 7.29% to RM7.50, Penta Master Corp Bhd tumbled 47 sen or 8.22% to RM5.25, and D&O Green Technologies Bhd slipped 41 sen or 10.57% to RM3.47.

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