Monday, November 25th, 2024

Category: Market Updates

MISC: Navigating Strategic Growth Amid Global Challenges

Date: October 14, 2024Broker: UOB Kay Hian Company Overview MISC Berhad (MISC MK) is a shipping company involved in the transportation and offshore services sectors. It operates Very Large Crude Carriers (VLCCs), Suezmaxes, and...

Joyson Electronics Targets 10% Growth in 2025 Amid Strong EV Orders and Cost-Cutting Measures

Date of Report: October 14, 2024Broker: UOB Kay Hian Company Overview Joyson Electronics Corp is a leading global automotive parts supplier, specializing in smart driving systems, automotive safety systems, power management systems, and Internet...

Great Wall Motor Targets 30% Sales Growth with Ambitious Expansion Plans for 2025

Date of Report: October 14, 2024Broker Name: UOB Kay Hian Company Overview Great Wall Motor (GWM) is based in Baoding, Hebei province, and primarily produces and sells pick-up trucks, SUVs, and sedans under its...

Gamuda Poised for Growth with Mega Projects and KLCI Inclusion Potential

Date of ReportOctober 14, 2024 BrokerUOB Kay Hian Company Overview Gamuda is a leading civil engineering construction company based in Malaysia, with diversified interests in property development and water concessions. The company’s operations have...

Anta Sports Surpasses Golden Week Expectations Amidst 3Q24 Sales Challenges

Date: 14 October 2024Broker Name: UOB Kay Hian Company Overview Anta Sports is a leading sportswear company in China, with several key brands under its portfolio, including Anta, Fila, Descente, and Kolon. Additionally, the...

Axiata Group: Gearing Up for Balance Sheet Repair Amid Currency Fluctuations

Date: October 14, 2024Broker: Maybank Investment Bank Berhad Company Overview Axiata Group is a government-linked company primarily engaged in telecommunications and digital businesses across Asia. With a significant presence in 10 countries, it operates...

Robust Trading Fuels Strong Earnings Outlook for Bursa Malaysia in 2024

Date of ReportOctober 11, 2024 Prepared byMaybank Investment Bank Berhad Company Overview Bursa Malaysia (BURSA MK) is one of the larger bourses in ASEAN, hosting 995 publicly listed companies and 19 REITs. It is...

Capitaland Ascendas REIT Unlocks Capital with Strategic Property Divestment

Date: October 14, 2024Broker: Lim & Tan Securities Pte Ltd Divestment of 21 Jalan Buroh Property On October 14, 2024, Capitaland Ascendas REIT (CLAR) announced that it has entered into a sale and purchase...

United Overseas Bank (UOB SP) Targets 14% ROE by 2026 Amidst ASEAN Growth Expansion

Date: 14 October 2024Broker: UOB Kay Hian Private Limited Company Overview Founded in 1935, United Overseas Bank (UOB) has established a solid regional presence across Southeast Asia, including key markets such as Singapore, Malaysia,...

Yangzijiang Shipbuilding Faces Arbitration but Maintains Strong Order Book and Growth Prospects

Date: October 14, 2024Broker: CGS International Securities Arbitration Update Yangzijiang Shipbuilding (YZJSB) is currently facing arbitration proceedings with a customer over contracts for 10 containerships, valued at US$900 million. These contracts were terminated by...