Founded in 1996, Redtone Digital Bhd (REDTONE) has evolved from a voice provider to an entity that offers extensive range of services such as telecommunication services, managed telecommunication network services and industrial digital services.
Read moreCapital A Bhd (CAPITALA) has transformed from one of the leading ASEAN airline service providers into a digital travel and lifestyle platform that leverages on data and technology. At end-FY22, CAPITAL recorded 3.7m bigpay users, slightly more than 11,500 Airasia SuperApp users and more than 31,000 teleport users.
Read MoreThe FBM KLCI retreated despite the rally on Wall Street as the sentiment was dragged down by selling pressure in the financial and plantation heavyweight. Investors may remain wary following the decline on Wall Street after First Republic was sold to JPMorgan. Meanwhile, the US Federal Reserve and ECB as well as Bank Negara Malaysia will be having their interest rate decisions this week, thus expecting softer trading activities on the overall markets.
Read MoreKelington Group Bhd (KGB)’s wholly owned subsidiary, Kelington Engineering (Singapore) Pte Ltd has secured a Ultra High Purity (UHP) contract to design and build the chemical delivery system as well as to design and install of process utility main line and hookups in Singapore. The aforementioned contract value worth approximately RM102.0m, commencing in April 2023 and are expected to be completed by March 2024 was awarded by an undisclosed global leader in high-tech filtration, separation and purification.
Read MoreThe FBM KLCI rebounded mildly with bargain hunting activities seen within the selected banking and telco sectors, while GENM headed higher after the land sale in Miami. We believe the follow-through buying interest could be seen today following the strong surge on Wall Street after the upbeat earnings from the technology giants such despite the GDP growing at 1.1% (below expectations).
Read MoreThe FBM KLCI surrendered its gains in the previous session amid heavy selldown in selected banking and energy heavyweights; the former was affected by the renewed concerns over the US banking crisis. Similarly, on the global front, fears over the potential recession resurfaced, as investors await the US Fed interest rate decision next week. Hence, the cautious sentiment on the local front may persist at least for the near term.
Read MoreFounded in 1996, Redtone Digital Bhd (REDTONE) has evolved from a voice provider to an entity that offers extensive range of services such as telecommunication services, managed telecommunication network services and industrial digital services.
Read MoreThe FBM KLCI bounced slightly higher after the long weekend break on the back of buying momentum in selected plantation and consumer heavyweights. However, Wall Street saw a deep decline triggered by revived banking fears and cautious tone amid technology earnings week. Thus, we believe the selling pressure may spillover to the regional and the local bourse.
Read MoreOnly World Group Bhd (OWG) was incorporated since 1973 and engaged in the provision of management services of leisure and hospitality services under the operation of food service outlets, water amusement parks and family attractions and other services.
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