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theedgemalaysia.com highlighted three stocks with positive momentum and nine stocks with negative momentum at Bursa Malaysia's afternoon close on Wednesday.
WHILE the new service tax amendments have been a major talking point among tax consultants and affected industry players, consumers are the ones who will really feel the pinch.
The service tax scope expansion and rate hike, which came into effect on March 1, are expected to bring the go...
KUALA LUMPUR: Tiong Nam Logistics Holdings Bhd's net profit surged to RM44.7 million in the third quarter (Q3) ended Dec 31, 2023 from RM194,000 last year driven by fair value gain on investment properties.Group revenue stood at RM188.9 million, increasing ...
The Johor investment theme is seen gaining traction among investors as the state accelerates its plan to be a new economic powerhouse through high-impact business opportunities.
TA Securities Holdings Bhd, which maintained its "sell" rating on Tiong Nam Logistics Holdings Bhd, said it is ceasing coverage of the stock due to a lack of rerating catalysts.
KUALA LUMPUR: Companies with trading stock in investors' spotlights include Perak Corp, UMW, Spritzer, Velesto, Tan Chong Motor, Guan Chong, UMediC, Heineken and Tiong Nam, said Apex Securities Research.
Here is a brief recap of some corporate announcements that made news on Monday: UMW Holdings Bhd, Spritzer Bhd, Velesto, Panda Ecosystem, GDEX Bhd, Tan Chong Motor Holdings Bhd, Guan Chong Bhd, UMediC Group Bhd, Perak Corp Bhd, Advancecon Holdings Bhd, Microlink Solutions Bhd, Keck Seng (M) Bhd, Heineken Malaysia Bhd, Tiong Nam Logistics Holdings Bhd, LKL International Bhd.
KUALA LUMPUR (Nov 27): Tiong Nam Logistics Holdings Bhd, one of the country's largest integrated logistics services providers, saw its net profit for its second financial quarter ended Sept 30, 2023 (2QFY2024) fall 26.4% to RM1.22 million from RM1.65 million a year earlier, on increased finance cost and direct operating expenses.
HAVING contended with supply chain disruptions during the Covid-19 pandemic, logistics players are now facing challenges that are tied in large part to macroeconomic volatility, such as rising inflation and high interest rates, and geopolitical conflicts, which threaten to impact trade flows and ...
Tiong Nam Logistics Holdings Bhd will continue to experience cost pressure going forward and its rental adjustments are moving at a slow pace in the current challenging market.
IMPROVED market sentiment, solid performance of initial public offering (IPO) stocks, coupled with the need to raise fresh capital for expansion amid rising interest rates to reduce gearing — it appears that the time is ripe for Tiong Nam Logistics Holdings ...