Shares of $YTL.MY$and its related stocks halted their successive days of gains on Friday, even after reporting an increase in earnings for Q3FY2024 (quarter ended March 31, 2024).
On Friday, YTL Corp's stock plummeted by as much as 9% during intraday trading, with the share price closing down 5.15% at RM3.680, while $YTLPOWR.MY$ experienced an intraday decline of up to 11.3%, with its share price t...

Facing a recession in a certain industry,
or when it is anticipated that expenses will be cut,
Voluntary Separation Scheme (VSS) will be implemented to stop the bleeding in operations.
A few years ago, due to the impact of the epidemic,
There are variables in the general environment,
A number of local companies have also offered VSS.
For example $GENM.MY$  ， $SHANG.MY$ ， $AIRPORT.MY$ whatnot
8 years ago,
Some companies in the oil and gas sector have been impacted by oil prices.
VSS was also introduced to slim down the enterprise,
Achieve the effect of reducing expenses.
In recent years, it is not uncommon for large local companies to implement VSS.
For example,
TM cites excessive expansion of employees,
It is proposed that employees over the age of 50 be voluntarily separated from their jobs.
Last week,
The largest satellite TV operator in the region $ASTRO.MY$  ，
A statement was also issued stating that VSS will be carried out,
In the statement, Astro's CEO stated,
In the current battlefield of digital media competition,
The artillery fire is relentless,
In order to improve the company's future profitability,
So mention...