POULTRY and egg producers appear earnings-resilient, notwithstanding the removal of a government-sponsored egg subsidy scheme last year, with diversified and integrated players proving more adept and prompting some analysts to revisit the sector. After more than three years of subsidies...

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.

Datuk Seri Chiau Beng Teik has ceased to be a substantial shareholder of LTKM Bhd (KL:LTKM) after trimming his stake in the egg producer to below 5%, a bourse filing on Friday showed.

KUALA LUMPUR: Bursa Malaysia ditutup lebih tinggi hari ini apabila pelabur meneliti laporan pendapatan syarikat selain memantau mengenai perkembangan pasaran serantau.

KUALA LUMPUR: The FBM KLCI closed higher on Thursday, snapping a two-day losing streak, as late buying lifted the benchmark index despite a weaker overall market tone.

KUALA LUMPUR: The FBM KLCI opened higher on Friday, bucking the weaker overnight performance on Wall Street, as investors turned their attention to Malaysia's upcoming advance GDP estimate and trade data.

It will be a relatively quiet and short working week for the nation as the local markets will be closed on Monday and Tuesday for Malaysia Day on Sept 16, plus the additional holiday on Sept 15 granted this year.

theedgemalaysia.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon close on Friday. Four showed positive momentum, while the other two showed negative momentum.

KUALA LUMPUR: The partial removal of egg subsidy effective this month before the full phasing out in August will provide some comfort to investors and poultry stocks, said industry observers.

（吉隆坡30日讯）农业及粮食安全部宣布，从5月1日起，鸡蛋补贴将从每粒10仙减少50%至5仙，并在8月1日起全面终止鸡蛋补贴，同时鸡蛋的价格管制也将取消，带动部分家禽股应声走高。潮成资本（TEOSENG,7252,主板消费产品服务组）一度升8仙或8.25%至1令吉零5仙；宾威（PWF,7134,主板消费产品服务组）也一度起6仙或7.89%至82仙。闭市时，潮成资本收在1令吉零2仙，上涨5.2%，成交量227万7100股；宾威则报79.5仙，起4.6%，成交量为51万5500股。其他家禽股包括...

SINCE October last year, several poultry and egg players have seen their share prices trending lower despite posting record earnings. It should be noted, though, that the higher earnings were boosted by a stronger ringgit against the US dollar in 2024. The selling pressure comes after t...

KUALA LUMPUR (Oct 22): Contract manufacturer Ge-Shen Corp Bhd (KL:GESHEN), whose share price has jumped over 200% year-to-date, has obtained shareholders’ approval to buy a 40% stake in electronic manufacturing services (EMS) firm Local Assembly Sdn Bhd for RM48 million, cash, and diversify its e...

THE government has been outspoken about the need to overhaul its subsidy system to take on a more targeted approach. Food-related subsidies are seen as top on the list for rationalisation in the federal budget that will be tabled in parliament on Friday. Last Wednesday, Minister of Agri...

（吉隆坡9日讯）政府表示考虑取消鸡蛋补贴后，家禽股今日应声走低。

KUALA LUMPUR (Oct 9): Poultry stocks on Bursa Malaysia fell in active trade on Wednesday, after the government said it was considering removing subsidies for eggs.

Ge-Shen Corp Bhd’s (KL:GESHEN) proposed acquisition of a 40% stake in electronic manufacturing services (EMS) firm Local Assembly Sdn Bhd for RM48 million is deemed fair and reasonable and is not detrimental to non-interested shareholders, according to independent adviser Strategic Capital Advisory Sdn Bhd (SCA).

Ge-Shen Corp Bhd said Louis Lau Puong Kiet has resigned as the chief executive officer of the plastic injection moulding and metal stamping company "to pursue other career opportunities". Dr Adrian Foong Hong Nian has been named as the new CEO effective Friday.

继最近分析了马化资本（MPHBCAP，5237，主板金融股）每股1.70令吉的私有化献议后，现在将注意力转向另一项私有化活动。根据大马交易所主板上市要求第16.06段，拟将大中企业（GCE，5592，主板消费股）主板撤回上市（统称为退市）申请。如果成功，这笔交易将是另一项“不公平但合理”的私有化献议...

（吉隆坡21日讯）饲料价格下滑，带动LTKM公司（LTKM,7085,主板消费产品服务组）截至2024年6月30日首季净利大幅攀升121.17%至576万6000令吉，远远高于去年同期的260万7000令吉。首季营业额下跌13.69%，减至5589万2000令吉。LTKM公司在业绩报告中解释，营业额下降，主要鸡蛋销售量和平均销售价下跌所致，不过，由于玉蜀黍和大豆油等主要原料成本减少，提振家禽业务的营业额增加22%，以抵销营业额下滑的部分冲击。...