The research house said CIMB's loan base contracted 0.6% quarter-on-quarter and 0.86% year-on-year in the first half of 2017. “Contraction in overall business loans was the key drag due to lumpy corporate loans repayments in both Malaysia and Singapore  .
CIMB stands to gain from tie-up The Star Online.
KUALA LUMPUR: CIMB Equities Research has initiated coverage of Dagang NeXchange (DNeX) with an Add rating and sum-of-parts (SOP) based target price of 72 sen. It said on Friday that in its view DNeX is a proxy for the government's plan to roll out .
CIMB Equities Research said the net profit was 2Q17 NP was only 2% below its forecast, but above consensus despite the large transshipment volume decline, as gateway volume growth was better than expected. ... As the proportion of gateway volumes rose.
On a quarterly basis, Carlsberg's 2Q17 revenue declined 18% on-quarter because of lower sales growth for its Malaysia (-26.1% on-quarter) and Singapore (-0.9% on-quarter) operations, particularly due to the absence of any festive seasons during the .
The ringgit weakened 0.09% to the US dollar at 4.2710 but rose 0.23% to the pound sterling at 5.5168 and advanced 0.26% versus the Singapore dollar at 3.1479. It managed to recouped most of the previous day's losses against the eurp to climb 0.88% to .
“Westports' special disclosure and transparency is based on international best practices, and sets the standard for all Malaysian corporates to follow, in our view,” says CIMB Research. KUALA LUMPUR: CIMB Equities Research is retaining its Hold call.
CIMB Research lowers AWC target price but retains Add call ... AWC's management was represented by its chief financial officer (CFO) Randy Chitty who spoke at great length about its FY17 results as well as the group's future prospects. ... “We expect.
KUALA LUMPUR: CIMB ... financial success, in our view. “We think Dialog’s second coup d’état happened when Petronas made the decision to build an oil refinery and steam cracker at the RAPID complex in Pengerang, followed by Petronas Chemicals.
KUALA LUMPUR: CIMB Equities Research believes IHH Healthcare is looking into mergers and acquisitions (M&A) in India. It said on Tuesday IHH has fully divested its 10.85% Apollo stake for RM1.26bil, with the proceeds setting the stage for inorganic .
Nearly half (49%) of the CIOs surveyed say their companies are using machine learning and 40% are planning ... University's business college, Oxford Economics specializes in evidence-based thought leadership, forecasting, and economic impact analysis.
When word filtered through the market at the time about Goldman's 1MDB windfall, “I got my butt kicked by my bosses asking why we didn't get the business ,” one local banker tells Asiamoney. Today, Leissner is long gone from KL, and from Goldman ... The.