Unisem group MD John Chia ups stake during selldown
KUALA LUMPUR: Chipmaker Unisem (M) Bhd, which saw its shares hammered down after announcing a disappointing set of results in the first quarter ended March 31, 2018, saw its top official buying shares from the open market.
I was in the grocery store last night, and I already saw Halloween candy. Why am I telling you this? Because the calendar may say August, but retailers and product companies like Razer are getting ready for the fall. And that means it’s time to roll out new products so that they are on shelves […]
KUALA LUMPUR (Aug 17): Foreign insurers in Malaysia will be given more flexibility to divest their stakes, and the deadline for the divestments will now depend on the bilateral agreement between the insurance companies and Bank Negara Malaysia (BNM).
The central bank's new Governor Datuk Nor Shamsiah Mohd Yunus said the objective of the divestment remains intact, but instead of imposing the June 30 deadline for all foreign insurers to reduce their stakes, it will be based on the respective agreements between the foreign insurers and BNM.
KUALA LUMPUR (Aug 17): Star Media Group Bhd's net profit plummeted 83.4% to RM1.41 million in the second quarter ended June 30, 2018 (2QFY18) from RM8.51 million a year ago, as the print and digital segment saw a drop in momentum in advertising spending after the 14th general election.
Earnings per share also came in lower at 0.19 sen for 2QFY18 compared with 1.15 sen for 2QFY17. Quarterly revenue also fell 15.1% to RM99.49 million from RM117.16 million a year ago.