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KLSE Market Comment – Begin’g 25 May 2015

lassie

Dear All, With low interest rates world wide and near zero in most developed markets do not expect stock markets to collapse. Where else can professionals allocate their capital but High quality dividend producing shares which still offer a favourable return despite what the doom and gloomers news reports say. Interest rates may rise marginally […]

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KLSE News: 29 May 2015 -UMW Holdings is looking to diversify its revenue streams in FY15 to reduce its dependency on the automotive segment…

UMW Holdings is looking to diversify its revenue streams in FY15 to reduce its dependency on the automotive segment. Chairman Tan Sri Asmat Kamaludin said for FY14, the automotive segment contributed about 80% towards total group revenue, driven by high sales of Perodua cars. “We are currently in talks with several partners on the diversification […]

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KLSE News: 28 May 2015 – Genting Bhd’s joint venture Genting Simon Sdn Bhd has started work on the RM200m Genting Premium Outlets…

Genting Bhd’s joint venture Genting Simon Sdn Bhd has started work on the RM200m Genting Premium Outlets – which will be Southeast Asia’s first hilltop Premium Outlet Centre. Genting Simon said the development would cover 600,000 square feet is targeted for completion in the last quarter of 2016. Built on Genting Highlands Resort, Genting Premium […]

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KLSE News: 27 May 2015 – IFCA MSC shares rebounded by 9% after falling to its lowest since mid-Apr as the company’s chief sought to engage with the investment community…

IFCA MSC shares rebounded by 9% after falling to its lowest since mid-Apr as the company’s chief sought to engage with the investment community. “It’s business as usual, all our plans are in tact,” CEO Ken Yong said in a conference call with some 20 fund managers and analysts yesterday. Philip Voo Lip Sang, its […]

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