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Daily News
Daily News - 4 June 2020
Malaysian news highlights
Minister makes U-turn, cancels 700MHz spectrum awards to TM, DiGi, Maxis, Altel and Axiata
Gabungan AQRS lands RM37m drainage contract for ECRL project
Job losses increase by 42% in 1Q - SOCSO
Strategy
Malaysia Market Focus - Malaysia Strategy June
Malaysia Market Focus - Malaysia Strategy
Despite poor earnings growth, exuberant market rally priced in an expected recovery with easing of lockdowns
Cut 2020/2021 KLCI earnings by 14%/5% for weak results
Revise end-2020 KLCI target to 1,425, based on 16x CY21 earnings
Stay defensive given anaemic growth outlook and political uncertainties
Top picks: DIGI, RHBBANK, SWB, TDC, ASTRO, MAG, TSH
Daily News
Daily News - 3 June 2020
Malaysian news highlights
KKMM awards local telcos 700MHz band for 5G roll-out
Syed Mokhtar sells remaining stake in Media City to DRBHicom for RM100m cash
Berjaya Corp confirms taking over home appliances distributor Singer from major shareholder
Daily News
Daily News - 2 June 2020
Malaysian news highlights
Eversendai bags two offshore wind RE projects worth RM186m in total
Leong Hup to acquire The Bakers Cottage
Sime Darby Plantation disposes stake in S’pore unit for RM37m
Berjaya Corp to buy home appliances distributor Singer from major shareholder
Sasbadi, Pelangi score MOE contracts
Daily News
Daily News - 1 June 2020
Malaysian news highlights
Carlsberg suspends dividend payout
CIMB names Abdul Rahman Ahmad as new group CEO
Tan Chong takes 15.8% stake in Warisan TC's vehicle auction services unit
Socso has received 302,997 applications for wage subsidy programme
Ex-BNM Governor Muhammad Ibrahim appointed GDeX chairman
Daily News
Daily News 29 May 2020
Malaysian news highlights
LTAT confirms considering taking Boustead private
Vizione unit wins RM96.3m construction contract
Gadang secures two ECRL work packages worth RM81m
Ministry to offer 1,000MW solar quota under LSS@MenTARI programme
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