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EWI Capital falls to net loss in 2Q on higher impairments
EWI Capital Bhd (KL:EWICAP), formerly known as Eco World International Bhd, has turned to a loss in its second quarter, mainly dragged by higher impairments.
Gamuda, Yinson, Glomac, NexG, Ibraco, Chin Hin, Pesona Metro, Niche Capital, Ajiya, XL Holdings & Pekat
A brief recap of some business news and corporate announcements that made the headlines on Thursday.
Gold miner Niche Capital enters deal with rare earth firm to undertake exploration in Kelantan
Niche Capital Emas Holdings Bhd has entered into an agreement with Greensnow Consolidated Bhd for rare earth exploration.
Trading ideas: Gamuda, TM, CIMB, Magni-Tech, Capital A, Rivertree, Ann Joo, Sunview, Public Bank, NexG, MPI, Hartalega
Here is a recap of the announcements that made headlines in Corporate Malaysia.
Sunview to seek shareholders’ mandate to sell Winstar stake
Sunview Group Bhd (KL:SUNVIEW) said it will be seeking its shareholders’ mandate to dispose of a 22.44% stake in aluminium products maker Winstar Capital Bhd (KL:WINSTAR).
Potential sale of Khazanah’s Marina One attracts CapitaLand, Hongkong Land — report
The potential sale of Marina One, a mixed-use development in Singapore, is said to have attracted bidders including CapitaLand Group and Hongkong Land Holdings Ltd.
Suria Capital consortium gets confirmation to develop gas peaking plant in Sabah
Suria Capital Holdings Bhd said its consortium’s contract to build a 100-megawatt gas peaking plant in Kimanis has been confirmed by the Sabah state regulator.
Malaysia must capitalise on West Asia crisis, says Fernandes
Fernandes emphasizes the need to leverage the ongoing crisis for advantages.
Fernandes urges Malaysia to capitalise on West Asia crisis, rethink economic model
Malaysia should seize the ongoing West Asia crisis as an opportunity to rethink its economic model and enhance long-term growth, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.
KLSE Terminal · Data sources: EODHD (prices), The Edge Malaysia (fundamentals), Bursa Malaysia announcements, KLSE i3investor.