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104823709 Private ID: 104823709
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    Winstar Capital Berhad (WINSTAR: 0336) operates in three key areas: (i) aluminium extrusion and fabrication, including aluminium ladders and solar PV mounting structures, (ii) trading and distributing building materials like aluminium profiles, stainless steel products, and silicone sealants, and (iii) solar PV system installation services. About half of the IPO proceeds is allocated for expansion as the company anticipates strong demand going f...
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    Winstar Capital reported solid financial results for its third quarter ended 30 September 2024 (FY2024 Q3), demonstrating strong performance as it approaches its IPO on the ACE Market of Bursa Malaysia.
    The company’s revenue reached RM58.76 million for the quarter, contributing to a year-to-date total of RM147.93 million. The majority of revenue came from its core business segments, with aluminium extrusion and the trading of...
    Winstar Capital Achieves Commendable FY2024 Q3 Results Ahead of its IPO
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    In exciting news for investors and couples seeking fertility treatments, Alpha IVF Group Berhad has officially opened its new sales representative office in Shanghai, China.
    This move is part of Alpha IVF’s larger expansion strategy, as they look to tap into the growing demand for fertility services in the world’s most populous country.
    Notably, the company’s share price has surged nearly 10% in recent days, reflecting positive market se...
    Alpha IVF Group Expands Into China Amid Fertility Challenge
    Alpha IVF Group Expands Into China Amid Fertility Challenge
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    MN Holdings Bhd said it will advance its operational projects within the gas sector as the natural gas distribution system in Peninsular Malaysia is undergoing a significant expansion.
    It said these capital investments aim to enhance and expand the distribution network across the region, supporting the gas projects undertaken under the group's underground utilities segment.
    Additionally, the company anticipates significant growth opportunities...
    Asset-rich Magma Group Berhad (KLSE: 7243) had just made an announcement on getting green light on their fund raising exercise, amounting to a total of RM100.0 million to enhance their balance sheet.
    As of now, Magma Group manages a few well established hotels, including Impiana KLCC, Impiana Ipoh, Impiana Senai and WOLO Kuala Lumpur.
    So, why the need to raise funds?
    Well, the fund raising exercise done (or soon to be done) by Magma Group...
    Third-Eye View on Magma Group Recent Fund Raising Exercise
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    Real estate developer I-Bhd (KL:IBHD) said on Thursday its net profit tripled in the second quarter from a year earlier, thanks to a turnaround of its leisure business and higher property investment income.
    Net profit for the quarter ended June 30, 2024 (2QFY2024) was RM5.45 million, compared with RM1.82 million for the same period in 2023, I-Bhd said in an exchange filing. Revenue for the quarter rose 33% year-on-year (y-o-y) to RM55...
    I-Bhd's 2Q Net Profit Triples as Leisure Business Turns Around
    The takeover offer for Malaysia Airports Holdings Bhd or MAHB (KL:AIRPORT) is expected to be finalised in the third quarter of this year (3Q2024), and it needs to be approved by at least 90% of MAHB's existing shareholders, the Ministry of Finance (MOF) said.
    The ministry also emphasised that since the offer is a commercial transaction, it would not have any financial implications for the government.
    "The government will continue to mon...
    MAHB Takeover Offer Expected to Be Finalised in 3Q, Says MOF
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    CelcomDigi Bhd (KL:CDB), which has just completed its share subscription of a 16.3% stake in Digital Nasional Bhd, believes it is in a strong position to lead the development of the second 5G network for Malaysia.
    “We are eager to move into the next phase of transitioning to the 5G dual network model and participating in the upcoming process to build the second 5G network. We welcome a solution that benefits Malaysian consume...
    CelcomDigi Wants to Lead Second 5G Network after Taking Up Stake in DNB
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    Kinergy Advancement Berhad (KAB) has been named the top energy solutions provider in the Asia-Pacific region for 2024 by Energy Business Review (EBR). This prestigious recognition underscores KAB's innovative contributions to sustainable energy solutions, highlighting its significant role in the industry.
    KAB has consistently delivered customised energy-efficient and renewable energy solutions. One of its key strategies includes a ze...
    Kinergy Advancement Berhad, The Beacon of Energy Sustainability
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    Hartalega Holdings Bhd is anticipated to see improved earnings, going forward, on the back of rising sales and improving average selling prices (ASP).
    Maybank Investment Bank Research (Maybank IB) said the world’s largest nitrile medical glove producer’s plant utilisation rate continues to improve with higher sales orders, which is now running at 85%.
    “ASP outlook is also improving as Hartalega has managed to fully pass on higher raw material c...