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KUALA LUMPUR (Aug 3): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Wednesday Aug 4) include: Hartalega Holdings Bhd, HB Global Ltd, Dufu Technology Corp Bhd, HPP Holdings Bhd, Kanger International Bhd, Berjaya Land Bhd (BLand) and Berjaya Food Bhd (BFood). Hartalega Holdings Bhd saw its net profit double to RM2.26 billion for the first quarter ended June 30, 2021 (1QFY22), from RM1.12 billion in the preceding quarter (4QFY21). Revenue expanded 69% to RM3.9 billion from RM2.3 billion in the preceding quarter. The group proposed a final dividend of 19.75 sen per share, the highest payout for the financial year ended March 31, 2021 (FY21). This brings total dividend per share to 50.95 sen for FY21. On a year-on-year basis, Hartalega’s net profit soared by 928% from RM219.72 million a year earlier, with revenue swelling 324% from RM920.09 million. ....
The stock with positive momentum was: MK Land Holdings Bhd up 5.5 sen at 27.5 sen Stocks with negative momentum were: Asian Pac Holdings Bhd up two sen at 20 sen Berjaya Corp Bhd down 2.5 sen at 43 sen Berjaya Land Bhd up one sen at 41.5 sen Heng Huat Resources Group Bhd up seven sen at 69.5 sen Jasa Kita Bhd up one sen at 12.5 sen JKG Land Bhd up three sen at 13.5 sen MCT Bhd up five sen at 34.5 sen SHL Consolidated Bhd up eight sen at RM2.09 Silver Ridge Holdings Bhd up one sen at 90 sen Tasco Bhd up six sen at RM1.11 ....
KUALA LUMPUR (Dec 10): Based on corporate announcements and news flow today, stocks in focus for Friday (Dec 11) may include: Cymao Holdings Bhd, AirAsia Group Bhd, Bermaz Auto Bhd, Poh Kong Holdings Bhd, BIMB Holdings Bhd, Top Glove Corp Bhd, UMW Holdings Bhd, KUB Malaysia Bhd, Berjaya Land Bhd (BLand) and 7-Eleven Malaysia Holdings Bhd. In response to Bursa Malaysia s unusual market activity query yesterday, Cymao Holdings Bhd said the group is in the final stage of discussion with several parties on a potential new viable business venture to reduce the plywood maker s reliance on its core business. Cymao said in light of the plywood industry remaining challenging, the group has been exploring new business opportunities to expand its core business or diversify its businesses to reduce reliance on the existing core business, as well as to expand the company s earnings base. ....