KUALA LUMPUR: Recent news headlines were made by MAHB, Apollo, Magni-Tech, JAG, Epicon, Itmax, Ge-Shen, Globaltec, GFM, New Hoong Fatt and SBH Marine, according to a report compiled by Malacca Securities Research
Malaysia Airports Holdings Bhd (MAHB) and the government on Monday signed new operating and land lease agreements that extend the airport operator’s concession to manage 39 airports in the country to Feb 11, 2069, from 2034 previously.
Apollo Food Holdings Bhd’s net profit for its third quarter ended Jan 31, 2024 (3QFY2024) rose to RM30.24m from RM10.82m a year ago, lifted by gain on disposal, improved margins and higher domestic sales.
Magni-Tech Industries Bhd’s net profit for the third quarter ended Jan 31, 2024 (3QFY2024) rose 91.88% to RM39.38m from RM20.52m a year earlier, as higher garment sales were slightly bolstered by a foreign exchange gain.
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