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Rubber glove makers among top decliners on Bursa

Rubber glove makers among top decliners on Bursa
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Kuala Lumpur , Hartalega Holdings Bhd , Top Glove Corp Bhd , Rubberex Corpm Bhd , Kossan Rubber Industries Bhd , Supermax Corp Bhd , Glove Corp Bhd , Rubberex Corp , Comfort Gloves , Top Glove , குவாலா லம்பூர் , மேல் கையுறை கார்ப் ப்ட் , சூப்பர்மேக்ஸ் கார்ப் ப்ட் , கையுறை கார்ப் ப்ட் , ஆறுதல் கையுறைகள் , மேல் கையுறை ,

Rubberex 1Q net profit soars to record high of RM86.57m on higher glove demand and selling prices

KUALA LUMPUR (May 28): Rubberex Corp (M) Bhd s net profit for the first quarter ended March 31, 2021 (1QFY21) surged nine times to a record high of RM86.57 million from RM9.26 million a year ago, on higher demand for glove products and higher average glove selling prices.
Its quarterly revenue also jumped more than two times to RM175.24 million, from RM66.43 million a year ago, its filing to Bursa Malaysia showed.
The group did not declare any dividend for the latest quarter.
The group said its reported profit included a gain of RM5.9 million from the dissolution and deregistration of Rubberex (Hong Kong) Ltd, a wholly-owned subsidiary of the company, from the Companies Registry of Hong Kong in February. ....

Kuala Lumpur , Hong Kong , Khoo Chin Leng , Choo Meng , Rubberex Hong Kong Ltd , Companies Registry Of Hong Kong , Rubberex Corpm Bhd , Rubberex Corp , Bursa Malaysia , Companies Registry , Datuk Eddie Ong Choo Meng , Kinta District , குவாலா லம்பூர் , ஹாங் காங் , கூ கன்னம் லெங் , சூ மெங் , நிறுவனங்கள் பதிவு ஆஃப் ஹாங் காங் , நிறுவனங்கள் பதிவு , கீந்த மாவட்டம் ,

Cover Story 2: How much did Malaysia's top guns take home in 2020?

THE Covid-19 pandemic has caused many companies to be in financial distress, forcing some to temporarily shut down factories and operations for at least two months from mid-March in 2020 and experiencing lower demand after that.
With numerous firms seeing a decline in earnings, and many falling into the red, one wonders how much Malaysia’s top brass were paid in 2020 versus the year before.
According to data compiled by The Edge, among the top 50 companies by market capitalisation, the heads of 15 firms took a pay cut, 13 saw a bump in their paycheques and only two those of Supermax Corp Bhd and Time dotcom Bhd had no change in pay. ....

Datuk Abdul Rahman Ahmad , Kong Khoon , Afzal Abdul Rahim , Datuk Sulaiman Mohd Tahir , Azman Mohd , Roland Bala , Tenaga Nasional Bhd , Kuan Eng , Cheah Phoy Ken , Chee Keong , Amir Hamzah Azizan , Kuan Mun Leong , Khoo Chin Leng , Abdul Rahman , Hartalega Kuan , Juan Aranols , Kelvin Loh Chi Keon , Mi Technovation Bhd , Mohamad Helmy Othman Basha , Kwee Shyan , Imri Mokhtar , Zafrul Aziz , Chu Jin , Top Glove Corp Bhd , Rubberex Corpm Bhd , Groupm Bhd ,

Bursa healthcare gauge top gainer on pandemic concerns

KUALA LUMPUR (April 26): Bursa Malaysia’s healthcare index gained the most in percentage today, among other indices, following investors’ concern over the rising number of daily new Covid-19 cases worldwide.
At 2.59pm, the healthcare index had risen 101.35 points or 3.09% to a two-month high of 3,382.17 points.
The healthcare gauge includes rubber glove manufacturers. The big four rubber glove stocks, namely Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd, were among the top gainers on the local bourse so far today.
The three KLCI constituents among the glove makers also pulled the FBM KLCI higher. ....

Kuala Lumpur , Top Glove Corp Bhd , Rubberex Corpm Bhd , Ta Securities Holdings Bhd , Hong Leong Investment Bank , Careplus Group Bhd , Hartalega Holdings Bhd , International Bhd , Kossan Rubber Industries Bhd , Supermax Corp Bhd , Bursa Malaysia , Top Glove , Rubberex Corp , Holdings Bhd , Comfort Gloves Bhd , குவாலா லம்பூர் , மேல் கையுறை கார்ப் ப்ட் , தா பத்திரங்கள் ஹோல்டிங்ஸ் ப்ட் , ஹாங் லியோங் முதலீடு வங்கி , கவனக்குறைவு குழு ப்ட் , சர்வதேச ப்ட் , சூப்பர்மேக்ஸ் கார்ப் ப்ட் , மேல் கையுறை , ஹோல்டிங்ஸ் ப்ட் , ஆறுதல் கையுறைகள் ப்ட் ,

Bursa ends morning session mixed

KUALA LUMPUR (April 26): Bursa Malaysia ended the morning trading session mixed, tracking an uptrend on most regional bourses and supported by consistent buying of selected healthcare counters, dealers said.
At 12.30pm, the FBM KLCI settled 7.56 points higher at 1,615.99, compared with last Friday’s close at 1,608.43.
The market bellwether opened 2.31 points higher at 1,610.74, and moved between 1,609.44 and 1,616.90 throughout the session.
However, the overall market breadth was slightly negative as losers surpassed gainers at 532 versus 494, while 412 counters were unchanged, 759 untraded and 41 suspended.
Total volume stood at 5.07 billion shares worth RM3.26 billion.
In a research note today, Kenanga Research said that the local bourse remains vulnerable to pressure. ....

Kuala Lumpur , Bhd Maybank , Tenaga Nasional Bhd , Unisemm Bhd , Westports Holdings Bhd , Real Estate Investment Trust , Petronas Chemicals Group Bhd Petchem , Rubberex Corpm Bhd , Market Committee , Kenanga Research , Public Bank Bhd , Dynamics Group Bhd , Organization Of The Petroleum Exporting Countries , Financial Services Index , Services Index , Bursa Malaysia , Federal Open Market Committee , Petroleum Exporting Countries , Estate Investment Trust , Bursa Malaysia Bhd , Malayan Banking Bhd , Petronas Chemicals Group Bhd , Minda Global Bhd , Focus Dynamics Group Bhd , Rubberex Corp , Plantation Index ,