Trading ideas: Maybank, GenPlant, KLCCP, Sunway, Axiata, Malakoff, DRB-Hicom, AirAsia X, Supermax, IOIProp, QL, IJM

Quick Summary:

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

IOI Properties Group Bhd’s 4QFY2024 net profit jumped more than five times in 4QFY2024 from a year earlier thanks largely to a revaluation gain.

Supermax Corp Bhd suffered its largest quarterly net loss of RM127.93 million for its fourth quarter ended June 30, 2024 (4QFY2024), hit by a write down of high price inventory at an overseas subsidiary amounting to RM72.85 million.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Supermax /Business/Business News IJM KLCCP Sunway Trading ideas DRB-Hicom Corporate News Malakoff GenPlant Maybank QL Axiata IOIProp AirAsia X

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 08:06:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22291619

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 46 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 55 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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