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Malaysia Top 10 Business & Bursa News (5 – 11 Nov 2017)

Global equities Top 10 Finance and Bursa news

The ultimate eMarketplace for Borneo was launched AppAsia Berhad, the Bursa listed companies specialised in e-commerce platform, launched the first of its kind eMarketplace for Borneo region on 11th Nov 2017 – BorneoShopping.com . This unique eMarketplace was launched by the Deputy Chief Minister of Sabah, Tan Sri Datuk Seri Pangilan Joseph Pairin Kitingan. The launch of  BorneoShopping.com marked the new era for the economy and shopping experience in Sabah and Borneo as a whole. It is more than just an ordinary online shopping website. It will turn the whole Borneo area into an ultimate 24hr online department store andRead More


Malaysia Weekly Top 10 Finance and Bursa news (16-21 Oct 17)

Global equities Top 10 Finance and Bursa news

Sabah & Sarawak Vivocom’s newest major shareholder will bring good tidings Vivocom International Holdings Bhd’s (Vivocom) newest upcoming major shareholder – Hong Kong Stock exchange listed developer CNQC Holdings Ltd (CNQC) – is set to bring the group good tidings to their construction segment. The group had announced last Friday that two of their major […]


Top 10 Malaysia Finance and Bursa News (3-9 Sept 2017)

Global equities Top 10 Finance and Bursa news

Sabah & Sarawak Lower billings signal poor results for Vivocom, but outlook still strong Sarawakian player Vivocom Holdings International Bhd’s (Vivocom) results for its first half of the financial year 2017 (1HFY17) came in below target, registering only 11 per cent of MIDF Amanah Investment Bank Bhd’s (MIDF Research) and consensus’ expectation. The tepid results […]


Bursa Companies in Focus next week (28 Aug 2017)

Bursa companies in focus

KUALA LUMPUR (Aug 25): Based on corporate announcements on Bursa Malaysia and news flow today, companies that will be in focus on Monday (Aug 28)…


AppAsia’s revenue surged 5 times and turned profit in latest quarterly result

(Kuala Lumpur, 22 Aug 2017) APPASIA (0119) reported net profit of RM20,000 in the second quarter of fiscal year 2017, thanks to the strong growth of its B2B e-commerce business. APPASIA reported to Bursa Malaysia Stock Exchange that driven by the e-commerce business, the company’s second quarter revenue jumped five times, reported RM7.72 million, compared with the same quarter of previous fiscal year, RM1.18 million. “The company’s e-commerce business grew 53.3%, and the information and communications technology (ICT) security and cloud business performance was stable.” At the same time, theRead More


Bursa Companies Latest Quarterly Result (22 Aug 2017)

Bursa companies in focus

Name Quarter Quarter Date Revenue (RM ‘000) Net Profit (RM ‘000) EPS (RM) Dividend Profit Change % APPASIA 2 2017-06-30 7,723 20 0.01 0.000 +101.3% INSAS 4 2017-06-30 111,552 34,791 5.24 0.000 -4.7% ANNJOO 2 2017-06-30 490,746 28,619 5.68 6.000 -69% UMWOG 2 2017-06-30 139,908 -50,986 -2.36 0.000 +24.2% BPPLAS 2 2017-06-30 73,833 1,627 0.87 0.000 -68.7% EATECH 2 2017-06-30 113,400 -36,715 -7.28 0.000 -401.2% MAYBULK 2 2017-06-30 70,694 -10,754 -1.08 0.000 +73.3% ZELAN 2 2017-06-30 11,495 -5,449 -0.64 0.000 -173.8% DNEX 2 2017-06-30 49,108 11,929 0.68 0.500 -86.7% INARIRead More


Malaysia Top 10 Bursa and Finance News (13-19 August 2017)

Global equities Top 10 Finance and Bursa news

Sabah & Sarawak Explore opportunities to boost palm oil export to Asia-Pacific Malaysian palm oil industry leaders have been encouraged to explore opportunities to export to Asia-Pacific as the region is expected to increase its Malaysian palm oil imports by an extra 350,000 metric tonnes (MT) this year, leading up to an extra 692,000 MT […]


Bursa Companies in Focus next week (21 Aug)

Bursa companies in focus

KUALA LUMPUR (Aug 19): Based on corporate announcements on Bursa Malaysia and news flow today, companies that may be in focus on Monday (Aug 21)…


Top 10 Malaysia Finance & Bursa News (from 6-12 Aug 2017)

Global equities Top 10 Finance and Bursa news

Sabah & Sarawak SEDC signs MOU with UDA Holdings The Sarawak Economic Development Corporation (SEDC) has entered into a Memorandum of Understanding (MOU) with a federal government linked property developer – UDA Holdings Bhd (UDA). This MOU will allow the SEDC and UDA to collaborate in identifying and developing potential land and properties of the […]


Bursa Companies in Focus next week (14 Aug 2017)

Bursa companies in focus

KUALA LUMPUR (Aug 9): Based on corporate announcements and news flow today, stocks in focus on Monday (Aug 14) may include the following: Serba Dinamik,…