Intraday short selling suspension extended to end of 2021

KUALA LUMPUR, The Securities Commission Malaysia (SC) and Bursa Malaysia Bhd are extending the temporary suspension of intraday short selling (IDSS) and intraday short selling by proprietary day traders (PDT Short Sale) to Dec 31, 2021.Accordingly, tem…

IOI Properties net profit rises to RM660.20 mln in FY2021

KUALA LUMPUR, IOI Properties Group Bhd recorded a net profit of RM660.20 million for the financial year ended June 30, 2021 (FY2021), from RM504.69 million in the previous year. Revenue increased 18 per cent to RM2.48 billion from RM2.11 billion previo…

Affin Bank posts firmer net profit in Q2 of RM117.95 mln

KUALA LUMPUR, Affin Bank Bhd posted a firmer net profit of RM117.95 million for the second quarter (Q2) ended June 30, 2021 from RM67.4 million recorded in the same period last year.In a filing with Bursa Malaysia today, it said revenue also improved t…

Sarawak Oil Palms Q2 net profit rises to RM98.32 mln

KUALA LUMPUR, Sarawak Oil Palms Bhd’s net profit for the second quarter (Q2) ended June 30, 2021 surged to RM98.32 million from RM38.34 million in the same period last year.Revenue jumped to RM949.05 million from RM626.06 million, while its basic earn…

Green Packet secures conditional approval for investment bank licence from LFSA

KUALA LUMPUR, Tech solution provider Green Packet Bhd’s fully-owned subsidiary, Oasis Capital Investment Bank (OCIB) has secured a conditional Investment Bank licence from Labuan Financial Services Authority (LFSA).“The conditional Investment Bank lice…

Prestar returns to the black in Q2 with RM19.22 mln net profit

KUALA LUMPUR, Prestar Resources Bhd has returned to the black with a net profit of RM19.22 million in the second quarter ended June 30, 2021 (Q2 FY2021) from a net loss of RM2.89 million in the same period last year.In a statement to Bursa Malaysia tod…

TH Plantations’ net profit surges TP RM26 mln in Q2

KUALA LUMPUR, TH Plantations Bhd’s net profit surged to RM26.57 million in the second quarter ended June 30, 2021 (Q2FY2021) from RM8.16 million recorded a year earlier.Revenue improved to RM176.15 million from RM127.57 million previously due to higher…