11 Apr 2021 / 20:52 H.
PETALING JAYA: The Celcom-Digi merger is not likely to lead to an investment in their own 5G network ahead of the change to a state-owned entity network rollout model from a consortium led model that was announced with the MyDigital blueprint in February, according to an analyst.
Speaking to SunBiz on condition of anonymity, the analyst noted that such development is not possible as the special purpose vehicle (SPV) rollout entails a dedicated spectrum allocated to the operators managed by the ministry-linked SPV.
Previously, Fitch Solutions raised the possibility that a centrally-coordinated rollout of 5G could be inefficient and likely to incur higher levels of capital expenditure (capex) compared to a scenario where operators pursue their own buildouts and network sharing arrangements.
KUALA LUMPUR (April 8): Hartalega Holdings Bhd topped Bursa Malaysia gainers in morning trade today, while rival rubber glove manufacturers Supermax Corp Bhd, Top Glove Corp Bhd and Kossan Rubber Industries Bhd rose among leading advancers on bargain hunting and as the resurgence in global Covid-19 cases appeared to offer a fillip to the glove makers share prices.
At 10.33am today, Hartalega’s share price had jumped 66 sen or 7.14% to RM9.91, Supermax gained 44 sen or 10.92% to RM4.47, Top Glove rose 31 sen or 6.31% to RM5.22 and Kossan climbed 23 sen or 6.85% to RM3.59.
Rakuten Trade Sdn Bhd head of research Kenny Yee said the rise in the glove manufacturers’ share prices may be due to bargain hunting and the resurgence in Covid-19 cases globally.
IT has been a year since the first Movement Control Order (MCO) was imposed on the country and the global equity market rout that saw the FBM KLCI lose 20% in just a month.
On March 19, 2020, the benchmark index tumbled to a low of 1,219.72 points after a sell-off triggered by the oil price slump and concerns about the impact of the Covid-19 pandemic on economies around the world. The ramifications appeared so dire that West Texas Intermediate crude plunged into negative territory to -US$37.63 per barrel while Brent crude fell to about US$20 a barrel.
For many new retail investors, the market decline wasn’t necessarily a bad thing. Unlike previous financial crises, it took a much shorter period of time for the global markets to recover from their losses.
Local Makeup Artist Suggests That Cathryn Li Faked Her Suicide Attempt hype.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hype.my Daily Mail and Mail on Sunday newspapers.