Daily Industry News Update (5 December 2020)

INDUSTRY NEWS (5 DECEMBER 2020)

Timely or dicey?

Last week, property developer Tropicana Corp Bhd snapped up 11.25 million shares in rubber glove manufacturer Top Glove Corp Bhd or a 0.14% interest valued at RM78.47 million. The acquisition by Tropicana drew interest  as Top Glove’s executive chairman Tan Sri Lim Wee…

 

WCE to spur growth in Banting

To many of us, Banting seems like a faraway place. Some may associate it with Morib,a popular weekend beach destination that boasts good seafood restaurants, but Banting is not a town that one would visit on a whim. However, it has its share of history and attractions and…

 

After a bad patch, more hits than misses in 3Q earnings

Surprisingly, there were far more hits than misses in the financial performance of companies in the quarter ended Sept 30. Of the 881 companies on Bursa Malaysia, 482 reported an improvement in earnings and 399, a decline. “A big positive” was how private investor and…

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