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SUPERMAX Holdings Sdn Bhd (SHSB), which holds 40.3% in Supermax Corp Bhd, is the subject of a winding-up petition.
SHSB is the private company of Datuk Seri Stanley Thai and his wife, Datuk Wira Cheryl Tan Bee Geok. The couple, who have been and still are having differences in their rel...
THE last few years have seen multiple challenges that tested the financial resilience of companies, from Covid-19 to the post-pandemic commodity and inflation shocks, which in turn spurred interest rate hikes that indirectly skewed global currency exchange trends.
The surprising good ne...
Kenanga Research remained “underweight” on the glove sector as overcapacity in the industry will continue dragging the glove players to face weak demand and high input costs.
KUALA LUMPUR: Due to persistently low demand, glovemakers' recent profit reports suggest that the sector's recovery is still uneven.Kenanga Research noted a slight sequential weakening in earnings delivery during the fourth quarter (Q4) reporting season, with only 25 per ...
Kenanga Research has maintained its “underweight” rating on the glove sector and said players either were in the red or reported tepid profits in the fourth quarter of calendar year 2023 (4QCY2023), with only one beating house expectation.
AFTER more than two years since the US Customs and Border Protection (CBP) imposed an import ban on FGV Holdings Bhd, the group aims to get it lifted as early as the end of the year.
Group CEO Datuk Nazrul Mansor says the company is targeting to submit its petition to the US CBP by June...