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Bursa Malaysia’s upward trajectory likely to continue in 1Q2024, says HLIB

Bursa Malaysia’s upward trajectory likely to continue in 1Q2024, says HLIB

Feb 5, 2024 | Bursa Malaysia, News

KUALA LUMPUR (Feb 5): Hong Leong Investment Bank (HLIB) Research said with many negative news already being priced in, it remains constructive on equities.   In a technical tracker on Monday, the research house said this is underpinned by: (i) soft landing...
Bursa Malaysia’s upward trajectory likely to continue in 1Q2024, says HLIB

UMC’s capacity likely to double by the end of the year

Jan 12, 2024 | Bursa Malaysia, News

PETALING JAYA: UMediC Group Bhd (UMC) will see its capacity doubling by the end of the year, with its new plant up and running, according to Phillip Capital Research. The newly constructed plant is adjacent to the company’s existing factory and it started operations...
Bursa Malaysia’s upward trajectory likely to continue in 1Q2024, says HLIB

Market players laud new rule accelerating transfer of listing

Dec 27, 2023 | Bursa Malaysia, News

  This article first appeared in Capital, The Edge Malaysia Weekly on December 18, 2023 – December 24, 2023   SETTING the requirement of RM1 billion in market capitalisation for at least a six-month period and a profit track record is a fair move under...
Bursa Malaysia’s upward trajectory likely to continue in 1Q2024, says HLIB

UMediC’s 1Q PAT Up By 4.7% On Higher Demand For Medical Devices, Consumables

Dec 5, 2023 | Bursa Malaysia, News

UMediC Group Bhd (UMC) recorded a profit before tax (PBT) of RM2.6 million and profit after tax (PAT) of RM2.1 million, an increase of 16.8% and 4.7% respectively, for the first quarter of its financial year ending 31 July 2024 compared to the same quarter last year....
Bursa Malaysia’s upward trajectory likely to continue in 1Q2024, says HLIB

1 Year On Ace Market, UMediC Seeks Main Market Transfer

Nov 29, 2023 | Bursa Malaysia, News

KUALA LUMPUR (Nov 27): Medical equipment supplier UMediC Group Bhd, which was just listed over a year ago in July 2022, is now planning to transfer its listing from the ACE Market to the Main Market of Bursa Malaysia.   UMediC said in a bourse filing that it has...
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