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Home and office furniture company Poh Huat Resources Holdings Bhd (KL:POHUAT) posted its first quarterly loss since 2022, on weaker sales from its biggest export market, the US, worsened by a weaker US dollar.
DEFENSIVE strategies are back in play on the stock market with dividend yield stocks being of main interest to investors, given the uncertainties stemming from the Middle East conflict. The war, which began in late February when the US and Israel launched an attack on Iran, has now spread to othe...
Pangolin Asia Fund proposes at least 50% of independent directors' fees be paid in company shares, subject to tenure lock-up, to incentivize minority shareholder consideration.
Poh Huat Resources Holdings Bhd (KL:POHUAT) said a substantial shareholder has put forward a proposal for at least 50% of fees received by independent non-executive directors (INEDs) to be paid in the form of the company’s shares purchased from the open market.
PETALING JAYA: Poh Huat Resources Holdings Bhd has received a shareholder proposal from Pangolin Asia Fund to introduce share-based remuneration for the company's independent non-executive directors (INEDs).
PETALING JAYA: Following the weaker-than-expected results, TA Research is reducing the earnings forecasts for Poh Huat Resources Holdings Bhd for financial year 2026 (FY26) and FY27 by 23.3% and 16.4%, respectively.
The US administration's sectoral tariffs on timber and wood-based furniture is set to impact Malaysian exports there, but analysts are hoping the proposed reciprocal trade deal with the White House will see some relief from the segment and others.