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KNM, MYEG, Freight Management, Axiata, Digi, Petron, MPI, Opcom, Aeon, CMSB, Favelle Favco, Microlink, Panasonic, OCK, IOI Corp and D&O

KUALA LUMPUR (Nov 24): Based on corporate announcements and news flow on Wednesday, companies in focus on Thursday (Nov 25) may include: KNM Group Bhd, MY EG Services Bhd (MYEG), Freight Management Holdings Bhd, Axiata Group Bhd, Digi.Com Bhd, Petron Malaysia Refining and Marketing Bhd, Malaysian Pacific Industries Bhd (MPI), Opcom Holdings Bhd, Aeon Co (M) Bhd, Cahya Mata Sarawak Bhd (CMSB), Favelle Favco Bhd, Microlink Solutions Bhd, Panasonic Manufacturing Malaysia Bhd, OCK Group Bhd, IOI Corp Bhd and D&O Green Technologies Bhd. ....

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Freight Management to buy three US companies

PETALING JAYA: Freight Management Holdings Bhd has proposed to acquire three freight forwarding services companies in the United States for a total US$2.2mil (RM9mil) as part of its expansion initiatives into selective international markets. ....

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Freight Management expands into US market via acquisitions of three US-based firms

Freight Management Holdings Bhd is buying three US-based freight forwarding services companies for a combined US$2.2 million (approximately RM9.2 million), as part of the group's expansion initiatives into selective international markets. ....

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Immunisation boost to recovery


PETALING JAYA: While investor sentiment is expected to improve as vaccination rates increase, short-term risks, including the evolving pandemic environment and potential financial shocks from tighter liquidity, may keep the local bourse in a prolonged consolidation phase.
Although the FBM KLCI closed 2.07 points higher yesterday at 1,514.60 amid talk of economic reopening, year-to-date, the index has declined some 6.9%. Daily new Covid-19 cases remain close to record highs, weighing on consumer sentiment.
Notably, more speed bumps are emerging and underlying political risks point to a possibility of continued volatility in the market. Additionally, a “recovery scenario” may have already been priced in, said RHB Research. ....

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