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1 day ago · Raja Teh also served as the global head of Islamic Markets at Bursa Malaysia between 2009 and 2011, where she led the establishment of Bursa Suq Al-Sila' and held senior positions at Kuwait Finance House Malaysia and Bank Alkhair Bahrain. Earlier in her career, she was with RHB Investment as its head of investment Banking, spent nearly a decade ...
5 days ago · KUALA LUMPUR, June 24 — RHB Investment Bank Bhd (RHB IB) has revised its total industry volume (TIV) forecast for 2024, increasing it by 18 per cent to 740,000 units from the previous estimate of 625,000 units.
5 days ago · Pintaras Jaya’s 9MFY24 (Jun) core earnings of MYR6.9m beat ours and Street’s estimates – making up 93% and 142% of full-year projections. We expect an increase in job opportunities from Singapore, with forecasted public sector construction demand ranging from SGD18-21bn.
4 days ago · RHB Investment lowers Malaysia’s 2024 inflation forecast to 2.6pc. The bank’s research arm said that the direct impact of diesel subsidy float in Peninsular Malaysia would be marginal, with a potential upside on the headline inflation of less than 0.1 per cent. — Picture by Sayuti Zainudin.
4 days ago · KUALA LUMPUR, June 25 — RHB Investment Bank Bhd has lowered its 2024 headline inflation projection for Malaysia to 2.6 per cent year-on-year (y-o-y) from the previous forecast of 3.3 per cent. The projected range is revised to 2.5 per cent to 2.8 per cent y-o-y versus the former estimate of 3.2 per cent to 3.6 per cent. “Our revision is ...
5 days ago · IJM Corporation Berhad (IJM) secured two substantial contracts worth RM962 million, with the first for constructing a logistics hub in Shah Alam for RM584 million and the second for a semiconductor manufacturing facility in Penang for RM378 million. RHB Investment Bank (RHB) maintained its BUY rating, raising the target price…
5 days ago · KUALA LUMPUR (June 24): Gamuda Bhd’s (KL:GAMUDA) core net profit may have risen between 3% and 12% in the third quarter from a year ago, driven by better billings from overseas projects, according to RHB Investment Bank. Gamuda's core net profit could come in between RM230 million and RM250 million for the third quarter ended March 31, 2024 ...
