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Greatech 1Q net profit dips to RM27 8mil

KUALA LUMPUR: Greatech Technology Bhd remains confident that the group is making good progress in its financial targets for 2023.

Trading ideas: Tomypak, Pentamaster, RCE Capital, MGB, LBS Bina, KAB, Pasukhas, Malaysia Pacific Corp, D nonce Technology, Komarkcorp, KPower and Greatech

KUALA LUMPUR: Recent corporate news flow could put the trading spotlight on Tomypak, Pentamaster, RCE Capital, MGB, LBS Bina, KAB, Pasukhas, Malaysia Pacific Corp, D'nonce Technology, Komarkcorp, KPower and Greatech, said JF Apex Research.

Greatech secures RM160mil new orders

KUALA LUMPUR: Greatech Technology Bhd has secured RM160mil new orders for production line systems and the new orders are expected to last until the second quarter of 2023.

Three LLCs announce RM520mil expansion in Penang

GEORGE TOWN: Three large local companies (LLCs) in the equipment manufacturing supply chain are expanding their respective footprints in the Batu Kawan Industrial Park, with total investments of RM520 million for their expansion projects.

Five new tech company owners in the top 40

Mi Equipment Holdings Bhd group CEO & executive director Oh Kuang Eng. THE Top 40 Richest in Malaysia list for 2020 saw the entries of new tech billionaires from five companies, as they became beneficiaries of the China-United States trade tensions as well as a Covid-19 pandemic-induced electronic equipment demand surge, as lockdowns forced people to work from home. Net worth is computed based on the closing share price of the companies as at Dec 31,2020. It is worth noting that Penang is the base for four of the five new tech companies on the list, with the exception of Melaka-based D&O Green Technologies Bhd

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