Retail Group Malaysia upgrades 2023 retail growth forecast to 2.8% after strong 3Q sales
RGM said that the latest quarterly result surpassed the expectations of the MRA and MRCA, which projected a 1.4% growth rate in September.
After Bursa's reprimand, SCIB says group now has stronger internal controls and audit processes
These measures include the timely publication of its Annual Report 2023 on Oct 31, 2023, to demonstrate its renewed commitment to timely and transparent financial disclosures.
CGS-CIMB keeps 'hold' call on MKH with raised TP of RM1.43
CGS-CIMB has kept its "hold" call with a raised the sum-of-parts-based (SOP) target price of RM1.43 on MKH Bhd, after the group's fourth quarter ended Sept 30, 2023(4QFY23) missed expectations.
Govt to announce new NEM quota as private rooftop solar quota fully filled up
The government is looking at releasing more net energy metering (NEM) quotas for rooftop solar installations for residential, commercial and industrial buildings before the year ends, as the existing quota that was expanded this year was filled up last week.
Pavilion REIT cancels MOUs to power Pavilion KL, Intermark and Pavilion Bukit Jalil with renewable energy
Pavilion Real Estate Investment Trust (Pavilion REIT) has terminated two memoranda of understanding (MOUs) it inked for the purchase of renewable energy (RE) from a solar power plant in Pasir Mas, Kelantan, under the Corporate Green Power Programme (CGPP) to power its malls.
DutaLand appoints ex-chief justice Tun Arifin Zakaria as new chairman
DutaLand Bhd has appointed the 13th chief justice of Malaysia, Tun Ariffin Zakaria as its new chairman, effective immediately.
Country Heights promotes deputy MD to acting MD
Country Heights Holdings Bhd has appointed its deputy managing director Dr Ricky Yip Chun Mun as the new acting MD effective Friday (Dec 1).
Property developer Avaland redesignates Apollo as group ED and CEO, effective Jan 1
Property developer Avaland Bhd (formerly known as MCT Bhd) has redesignated its non-independent non-executive director Apollo Bello Tanco as the group’s executive director (ED) and chief executive officer effective Jan 1, 2024.
Apex Healthcare to acquire industrial land in Melaka for RM66.5 mil
Apex Healthcare Bhd has proposed to acquire industrial land in Melaka for RM66.5 million, its Bursa Malaysia filing showed on Friday.
RHB IB upgrades IJM Corp on strong earnings and prospects, raises target price to RM2.21
RHB Investment Bank Research (RHB IB) has upgraded its rating on IJM Corp Bhd (IJM) to “buy” at RM1.18, with a higher target price of RM2.21 (previously RM1.99) based on sum-of-the-parts valuation, following the group’s better-than-expected financial performance in the first half of financial year ended Sept 30, 2023 (1HFY2024).
